By Josh Recamara
The Insurance Institute of Canada (IIC) has announced the 2025 recipients of the John E. Lowes Insurance Education Fund, the Lloyd King Scholarship, and the Alberta Insurance Council (AIC) Grant, continuing its long-standing commitment to supporting students pursuing education in insurance and risk management.
Peter Hohman, president and CEO of the IIC, noted that these awards reinforce the institute’s role in developing future leaders in the Canadian insurance sector and thanked donors whose contributions make the programs possible.
The John E. Lowes Insurance Education Fund, established in 1992, supports eligible Ontario residents enrolled in insurance and risk management programs at select universities and colleges. The 2025 recipients are Breeanna Rainville and Sayed Ismail, both taking the Insurance program at Mohawk College, which allows students to complete Chartered Insurance Professional (CIP) courses as part of their studies.
The Lloyd King Scholarship, which targets students pursuing full-time university studies in Atlantic Canada, went to Memorial University of Newfoundland students Ava McDonald and Emily Spurell. Their achievements were celebrated at the institute’s convocation on Nov. 8.
The Alberta Insurance Council Grant, administered by the IIC on behalf of the Alberta Insurance Council, supports eligible Alberta students pursuing CIP, Advanced CIP (ACIP), or Fellow Chartered Insurance Professional (FCIP) designations who do not receive financial support from their employer. This year’s recipients are Navjot Aulakh, Palak Patel, Harjinder Singh, and Odelle Oxle.
Beyond recognizing individual achievement, these scholarships and grants play a strategic role in the insurance market. By supporting education and professional development, they help maintain a skilled talent pipeline in underwriting, claims, and risk management.
The programs also help insurers address talent shortages, develop specialized expertise, and ensure high standards of client service in a competitive market. In addition, by fostering the next generation of insurance professionals, the awards contribute to industry resilience, encouraging innovation and adaptability in a sector increasingly shaped by evolving regulations, technology, and risk exposure.
Through these initiatives, the IIC continues to reinforce the link between education and industry growth, ensuring that Canada’s insurance workforce remains equipped to meet both current and future market demands.
