AM Best Launches Second Annual Student Challenge Competition

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best is accepting submissions for its second annual risk solution competition, the AM Best Student Challenge. Sponsored by the AM Best Foundation, the Student Challenge asks undergraduate and graduate-level students, or two-member student teams, to develop innovative solutions for managing insurance risks.

Solutions can include new products, distribution methods, creative ways to increase insurance penetration, incentive programs, digitization models, implementation of private/public partnerships or alternative risk transfer. Students must submit their initial abstracts, with a maximum of 500 words, by Monday, Oct. 4, 2021.

The field will be narrowed to three finalists, each of whom will have access to an AM Best mentor to guide them through the development of their solution. Finalists also will receive recognition in Best’s Review magazine and on AM Best’s social media channels, as well as an academic medal. The winner will be announced next spring.

For more information about the competition and to submit an abstract, please visit https://www.ambest.com/studentchallenge.

The Student Challenge is one of AM Best’s ongoing initiatives to support the development of new talent in the insurance industry. AM Best also provides an analyst training program for college graduates and college internship opportunities. The AM Best Foundation financially supports charitable organizations that encourage education and thought leadership in insurance and risk management.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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