Consolidated Hallmark Insurance holds Annual Essay Competition
Consolidated Hallmark Insurance
Consolidated Hallmark Insurance holds Annual Essay Competition
Consolidated Hallmark Insurance will today Friday, hold its Annual Essay Competition for students offering insurance and actuarial science in higher institutions of learning in the country.
A statement by the insurance company disclosed that the e maiden edition of the competition commenced in 2011 and has since grown to become the main Corporate Social Responsibility (CSR) initiative of the company.
The 2023 edition marks the 13th edition. Besides fostering deeper knowledge of insurance and encouraging innovative thinking among participants, the topics are diligently arrived at, in a bid to ensure the research work addresses pertinent issues in technology, the economy and other areas of impact.
Over the years, winners have emerged from higher institutions of learning spread across various geo-political zones in the country. Institutions that have produced winner include The University of Lagos, University of Uyo, The Polytechnic Ibadan, Lagos State Polytechnic, Isolo, Imo State University, Owerri, Afe Babalola University, amongst others.
Students of insurance in higher institutions nation-wide now keenly look forward to call for entries to take part in the competition not only for the cash prize but also to deepen their knowledge, and the possibility of employment for winners.
Past 1st Prize Winners of the competition automatically got offer of employment to join the services of the company and they all took advantage of the offer and have contributed their quota to the growth of the organisation.
They have proved themselves in the course of their work, thus attesting to the fact that their winning was not a fluke. We shall have the opportunity of listening to one of them in the course of this event. It is also gratifying to mention that some of the past winners so employed and groomed have subsequently made their talents available to other companies in the industry.
From an initial N150,000, N100,000 and N50,000 respectively for 1st, 2nd and 3rd Prize winners, the winning prize has been increased over the years to N250,000, N150,000 and N100,000.
In view of the prevailing economic situation and to further deepen participation in the process, with effect from the 2023 edition, the winning prize has now been increased to N500,000 (Five Hundred Thousand) N300,000 (Three Hundred Thousand) and N200,000 (Two Hundred Thousand) for the 1st, 2nd and 3rd Prize winners respectively.
