IIC opens application period for 2025 Lowes Insurance Education Fund

The program includes up to two scholarships

IIC opens application period for 2025 Lowes Insurance Education Fund

Insurance News

By Josh Recamara

The Insurance Institute of Canada (IIC) has opened the application period for the 2025 John E. Lowes Insurance Education Fund, a scholarship program aimed at supporting post-secondary students in Ontario pursuing studies in insurance and risk management. 

Established in 1992, the fund provides financial assistance to individuals working toward a career in the property and casualty insurance sector.  

For 2025, the program includes up to two scholarships of $2,500 each for students entering the final two years of the Bachelor of Commerce program with a major in Insurance and Risk Management at the University of Calgary or the Bachelor of Business Administration program with a concentration in Insurance and Risk Management at Wilfrid Laurier University.  

In addition, up to two awards of $1,500 are available for students enrolled in full-time insurance programs at Fanshawe, Mohawk, Conestoga, Seneca, Humber or Centennial College. 

The deadline to submit applications is September 26, 2025, at 5 pm ET. Successful applicants are expected to be announced in the fall. 

Peter Hohman, president and CEO of the Insurance Institute of Canada, said the fund is intended to support students pursuing a future in the insurance and risk management field. “By investing in their post-secondary education today, we’re making an investment in the P&C industry of tomorrow,” he said. 

To be eligible, applicants must have lived in Ontario for at least five years and be Canadian citizens or permanent residents. They must be accepted into one of the specified programs and registered for full-time studies throughout the academic year. Candidates must also indicate their intention to pursue a career in Ontario’s property and casualty insurance or risk management sectors. 

Selection is based on a combination of academic performance, financial need, extracurricular involvement, and a demonstrated interest in entering the insurance industry. Scholarships are conditional on maintaining academic performance consistent with previous years. 

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