Derek Hughes/NAPSLO Educational Foundation Scholarships

Founded in 1975, the National Association of Professional Surplus Lines Offices, Ltd. (NAPSLO) is a trade association representing the surplus lines industry and the wholesale insurance marketing system. Named for retired Western World Insurance Group president Derek Hughes, the Derek Hughes/NAPSLO Educational Foundation was formed in 1991. The foundation is dedicated to encouraging the educational development of all those interested in the excess and surplus lines business; to creating an understanding of the vital role surplus lines play in the insurance industry; and to overcoming the misconceptions of the misunderstood excess and surplus lines market.

In 1998, the Derek Hughes/NAPSLO Educational Foundation established the scholarship program for students pursuing an insurance- or business-related program of study. The purpose of the scholarship program is to further the study of insurance and encourage, support, and reward those exceptional students who have an interest in an insurance career.

Eligible students must be enrolled or accepted for enrollment in an undergraduate or postgraduate degree program, majoring in one of the following areas:

• Actuarial Science
• Business
• Economics
• Finance
• Insurance
• Management
• Risk Management
• Statistics

Majors must be insurance-related. For further eligibility requirements and application guidelines for the Derek Hughes/NAPSLO Educational Foundation Scholarship, visit the NAPSLO website.