OneBeacon Insurance Awards Sixteen College Scholarships

Rhea-AI Summary

OneBeacon Insurance Group has awarded sixteen college scholarships, each valued at $3,000, aimed at children and grandchildren of employees and distribution partners. Recipients were chosen based on academic performance and community involvement. This initiative underscores OneBeacon's commitment to expanding educational access, as expressed by President Mike Miller. Since 2003, over 300 scholarships have been granted, funded by the Intact Charitable Trust and managed by Scholarship America.

Positive

• Expanded scholarship program to include more recipients.
• Increased scholarship value from previous years, indicating enhanced commitment to education.

Negative

• None.

PLYMOUTH, Minn., Aug. 25, 2020 /PRNewswire/ -- OneBeacon Insurance Group has recently awarded sixteen $3,000 college scholarships: eight to the children and grandchildren of OneBeacon and The Guarantee employees, and eight to children of the company's distribution partners. Recipients were selected based on criteria such as academic performance, leadership roles and participation in school and community activities.

Mike Miller, President U.S. and Specialty Solutions said, "Broadening the scholarship program eligibility and increasing the gift amount were exciting changes for us as it emphasizes our commitment to expanding access to education. We're proud to be a part of this year's winners' academic journeys through supporting their growth and experiences. Although for many, the upcoming school year may look different, we wish them all the best as they begin their studies either from home or inside the classroom."

Since its inception in 2003, the program has awarded over 300 students with college scholarships. The program is funded by the Intact Charitable Trust and managed by Scholarship America®, a nonprofit scholarship program administrator.

The following lists this year's award winners, along with their parent's employer and the college or university they plan to attend this fall:

The Intact Charitable Trust USA is a tax–exempt private foundation under Section 501(c)(3) of the Internal Revenue Code managed by employees of Intact Services USA LLC.

Scholarship Recipient	Company (parent's employer)	College Attending
Alyssa Dennin	ECBM LP	Kutztown University of Pennsylvania
Amalia Hornung	Hays Companies	University of Minnesota: Twin Cities
Cali Macisak	Synapse Services LLC	University of Georgia
Destiny Johnson	Assurance Brokers, Ltd.	McKendree University
Emma Eisses	Wycoff Insurance	Gonzaga University
Erin Sundstrom	OneBeacon	University of Connecticut
Foster Harlfinger	OneBeacon	Fordham University
Jack Artis	OneBeacon	University of Massachusetts Amherst
Jack Coulter	OneBeacon	University of San Diego
Jillian Curran	Marsh USA	University of Pittsburgh
Kayla Zdonick	OneBeacon	State University of New York College at Oneonta
Kiera Ryan	OneBeacon	University of St. Thomas
Natalie Ellingson	Marsh & McClennan Agency	University of South Carolina: Columbia
Peyton Miller	OneBeacon	University of Kentucky
Robyn Jones	OneBeacon	Boston University
Timothy Healy	PSA Insurance & Financial Services	University of Missouri: Columbia

About OneBeacon: OneBeacon Insurance Group is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC, a member of Intact Financial Corporation (TSX: IFC), the largest provider of property and casualty insurance in Canada and a leading specialty insurance carrier in North America. Throughout the United States, Intact Insurance Specialty Solutions' underwriting companies offer a broad range of specialty insurance products through independent agencies, regional and national brokers, wholesalers and managing general agencies. Each business is managed by an experienced team of specialty insurance professionals focused on a specific customer group or industry segment, and providing distinct products and tailored coverages and services. Targeted solutions include group accident and health; commercial and contract surety; entertainment; environmental; excess property; financial institutions; financial services; inland marine; management liability; ocean marine; public entities; technology; and tuition refund. For further information about our products and services visit: onebeacon.com and to remain up to date on OneBeacon's news, follow us on Twitter @OneBeaconIns or visit our online newsroom: onebeacon.com/newsroom. For information about Intact Financial Corporation visit: intactfc.com.

View original content:http://www.prnewswire.com/news-releases/onebeacon-insurance-awards-sixteen-college-scholarships-301117872.html

SOURCE OneBeacon Insurance Group, Ltd.

FAQ

What is the value of the scholarships awarded by OneBeacon Insurance in 2020?

Each scholarship awarded by OneBeacon Insurance in 2020 is valued at $3,000.

How many scholarships has OneBeacon Insurance awarded since 2003?

Since 2003, OneBeacon Insurance has awarded over 300 college scholarships.

Who is eligible for OneBeacon's college scholarships?

Eligibility for OneBeacon's college scholarships includes children and grandchildren of employees as well as children of distribution partners.

What changes were made to OneBeacon's scholarship program in 2020?

In 2020, OneBeacon broadened the scholarship eligibility and increased the scholarship amount.

Who manages the scholarship program for OneBeacon Insurance?

The scholarship program for OneBeacon Insurance is managed by Scholarship America.