Insurance Cares Awards First Round of DEI on the RISE Scholarships

Insurance Cares, a nonprofit organization born out of RISE’s DEI committee that is dedicated to providing equal access to insurance education through scholarships and free educational resources, is proud to announce the recipients of its first round of DEI on the RISE scholarships. These scholarships are designed to support diverse students pursuing careers in insurance by providing funds for tuition, books, and general day-to-day financial needs, as well as mentorship opportunities and access to the insurance community.

The DEI on the RISE scholarship recipients will be paired with mentors who will provide guidance and support as they navigate their careers in the insurance industry. Additionally, the recipients will gain valuable access to the insurance community through networking opportunities, paid internship opportunities within the insurance industry, attendance at industry events, and learning the fundamentals of insurance.

“Not only will this scholarship lessen my financial burdens, but it will also serve as a pathway to connect with an amazing insurance community consisting of like-minded underrepresented RMI students and professionals. I look forward to gaining access to exclusive networking and industry events, being paired with a mentor who can offer me guidance for the next steps of my career, and special learning opportunities to enhance my existing knowledge of insurance fundamentals. The support system that Insurance Cares provides will help to facilitate my growth as an RMI professional and actuarial leader,” says Austin Raymond, student at Townson University.

The insurance industry provides prime career opportunities for students right out of school. It’s no longer for people who love pocket protectors and corny coffee mugs. Careers in insurance are stable, rewarding, limitless, dynamic and offer work-life balance, and we are so excited to provide the funds, tools, and mentorship for rising diverse talent to become the insurance stars of the future!

Quynh Nguyen, student at University of St. Thomas shared, “My career goal is to become an Actuary. It almost seemed impossible for me to be able to find a career that lies within my passion and my financial ability. I wanted a career that could keep me curious and motivated everyday. One that can make a positive impact on many people, and support those who need protections. Once I learned of Actuarial Science, I knew it was the major I had been searching for.”

Insurance Cares is committed to promoting diversity, equity, and inclusion in the insurance industry by providing support and opportunities to underrepresented communities. Through the DEI on the RISE scholarships, Insurance Cares aims to empower and uplift diverse students to excel in their insurance careers, contribute to the industry, and help create a more inclusive and diverse workforce.

Jonas Asplund

University of St. Thomas

Math and Actuarial Science Major

Graduating Spring 2025

Quynh Nguyen

University of St. Thomas

Actuarial Science Major

Graduating Spring 2025

Ryan Scandale

Temple University

Actuarial Science Major

Graduating Spring 2024