The Insurance Institute of Canada (IIC) and the CIP Society have opened applications for the 2026 national Rhind Bursary Program, supporting professional development within the property and casualty insurance sector.
The program offers up to two bursaries each year to CIP Society members and their dependants who are working in the p&c insurance industry and do not receive educational financial support from their employer. Each bursary covers tuition, textbooks, and exam costs for one course within an Insurance Institute designation or certificate program.
The bursary is aimed at strengthening technical capability and talent development at a time when insurers and brokers continue to face underwriting complexity, regulatory change, and evolving risk exposures. Access to professional education remains a priority for firms seeking to build underwriting, risk management, and distribution expertise, particularly among smaller organizations with limited training budgets.
According to the Institute, applicants must be Canadian citizens or permanent residents currently working in the insurance industry and fall into one of three categories:
The application deadline for the Rhind Bursary is March 31, 2026.
Peter Hohman, President and CEO of the Insurance Institute of Canada, said the Institute and the CIP Society have refined the application process for 2026 to make it easier for eligible candidates to apply.
Initiatives such as the Rhind Bursary play a role in addressing skills gaps across the insurance sector by supporting ongoing education and credential attainment. By reducing financial barriers to advanced training, the program may help insurers and intermediaries maintain professional standards and improve capacity in underwriting, claims, and risk advisory roles.
