Cayman Islands Insurance Association Scholarship

Scholarship Title: Cayman Islands Insurance Association Scholarship

Provided by: The Cayman Islands Insurance Association (CIIA), Cayman First Insurance Company Limited, & Gallagher Insurance Brokers (Cayman) Limited.

Scholarship Description: The “Cayman Islands Insurance Association Scholarship” will grant a maximum of CI$25,000 to one recipient in total. This amount can spread over a CIG granted scholarship for up to 4 years of study. It is a combined scholarship award with CIIA providing up to CI$25,000.00 to enhance the Cayman Islands Government Scholarship Award. The scholarship will be awarded to one deserving Caymanian who has an interest in the field of insurance and the domestic insurance industry and who may wish to pursue studies in insurance, risk management, actuarial sciences, business administration, or accounting as inter-related fields to insurance.

Status Requirements: Caymanian

Terms & Conditions: Applicant must be vetted and approved for Cayman Islands Government Scholarship Award to be eligible. This scholarship is a “top up” to CIG Scholarship.

Scholarship amount: Up to CI$25,000 in total

Application Opens: In conjunction with CIG Scholarship

Application Closes: In conjunction with CIG Scholarship

To support local and/or overseas study? Overseas Only

Field of Study: Insurance, Risk Management, Actuarial Sciences, Business Administration, Accounting.

Level of Study Supported: Undergraduate

Minimum Educational Qualifications: Must be approved for CIG Scholarship

Essay/personal statement Required? If required by CIG Scholarship

Scholarship Duration: Up to 4 years of study

Application links: Applicants should contact for more info

Public Statement from the Cayman Islands Insurance Association on Hurricane Beryl

The Cayman Islands Insurance Association wants to address our community regarding the recent impact of Hurricane Beryl. We understand that this has been a challenging time for many of our residents, and our thoughts are with all those affected by the storm.

Continue reading

Love Beyond Tomorrow: The Valentine’s Day Guide to Life Insurance

As Valentine’s Day approaches, hearts are aflutter with romance and affection. It’s a time when we express our love for one another in various ways, from heartfelt gestures to exchanging tokens of affection. Amidst the roses, chocolates, and candlelit dinners, there’s a deeper aspect of love that often goes unspoken: the commitment to protect and support each other, come what may.

While the idea of discussing life insurance may seem less romantic than a bouquet of red roses, it embodies a profound expression of love and responsibility. Just as we promise to stand by each other through thick and thin in marriage vows, life insurance ensures that our love endures even in the face of life’s uncertainties.

Here’s why life insurance makes for a meaningful Valentine’s Day conversation:

A Promise of Security

Life insurance isn’t just about financial planning; it’s a promise of security. It ensures that if the unthinkable were to happen, your loved ones would be shielded from financial turmoil. It’s a tangible way to express your commitment to their well-being, providing peace of mind that they’ll be taken care of, no matter what.

Protecting Your Shared Dreams

Whether it’s buying a home together, sending your children to college, or embarking on adventures, life insurance safeguards the dreams you’ve built as a couple. It ensures that your partner can carry on with your shared aspirations, even if you’re no longer there to see them through.

Ease the Burden of Loss

The emotional toll of losing a partner is immeasurable. In such trying times, the last thing anyone wants to worry about is financial strain. Life insurance eases this burden, allowing your loved ones to focus on healing and cherishing your memory without added financial stress.

Preserve Your Legacy

Beyond financial support, life insurance helps preserve your legacy. It can ensure that your philanthropic endeavors, family business, or cherished possessions continue to thrive, leaving behind a lasting impact that reflects your values and aspirations.

A Symbol of Unwavering Love

Discussing life insurance may not elicit the same fluttering heartbeats as a love letter, but it’s a tangible symbol of unwavering love. It’s a testament to your commitment to each other’s well-being, transcending the ephemeral nature of romantic gestures and embodying the enduring strength of your partnership.

This Valentine’s Day, as you exchange tokens of affection and whisper sweet nothings, consider having a conversation about life insurance. It may not be adorned with ribbons and bows, but its significance lies in its ability to safeguard the most precious gift of all: the love you share.

Remember, love isn’t just about the moments we cherish together; it’s also about the care and foresight we invest in ensuring that those moments can continue, even in our absence. And what better way to celebrate love’s enduring legacy than by protecting it with the gift of life insurance?

Navigating Health Insurance: Understanding Co-payments, Annual Wellness Benefits, and Network Providers

Health insurance plays a crucial role in safeguarding our well-being, and providing financial protection in times of medical need. However, understanding the intricacies of health insurance terms and benefits can be challenging. In this blog post, we will demystify some key concepts, including co-payments, annual wellness benefits, and network providers.

Continue reading

CIIA Cocktail Party Social 2023

On November 14, 2023, the Cayman Islands Insurance Association (CIIA) hosted our annual social cocktail party at the George Town Yacht Club.

Continue reading

CIIA Awards Luncheon 2023

On September 26, 2023, the Cayman Islands Insurance Association (CIIA) hosted an awards luncheon for the insurance industry staff who completed exams in the past 3 years.

Continue reading

Embracing Peace of Mind: Unveiling the Profound Benefits of Life Insurance

Life is a magnificent journey filled with unpredictable twists and turns. While we can’t predict every step of the way, we can certainly take measures to ensure our loved ones are well taken care of, no matter what lies ahead. This is where life insurance steps in, offering a safety net that provides financial security and peace of mind. In this guide, we’ll break down the ins and outs of life insurance, helping you make informed decisions about safeguarding your family’s future.

Continue reading

The Importance of Business Insurance: Safeguarding Your Enterprise

In today’s rapidly evolving business landscape, the need for a robust insurance policy has never been more critical. Business insurance serves as a critical safety net for entrepreneurs and enterprises, protecting them from unforeseen risks and helping ensure their long-term survival and success. In this blog post, we will explore the significance of business insurance and shed light on the various types of coverage available to safeguard your enterprise.

Continue reading

Celebrate Insurance Nerd Day with Us

Happy Insurance Nerd Day! This day celebrates those of us who love all things insurance-related. We know that insurance is not the most exciting topic, but we appreciate the important role it plays in our lives.

Continue reading

Hurricane Preparedness for Cayman Islands Property Owners

Hurricanes are among the most devastating natural disasters that can strike homes and businesses. As a homeowner, it is essential that you protect your property from the effects of hurricanes. One of the best ways to do this is to ensure you have adequate property insurance coverage.

Continue reading