Institute Academic Achievement Awards
To recognise and celebrate individual student excellence, the Institute annually presents a number of Academic Achievement Awards.
Institute Student of the Year Awards
Student of the Year Awards will be conferred to students who achieve the highest average result, at least or above a High Distinction grade (86+) in each of the Institute’s ten award qualifications.
Regional Student of the Year Awards
Regional Student of the Year Awards will be conferred to students who receive the highest average result at least or above a High Distinction (86+) in any one of the Institute’s ten award qualifications in each of the following regions:
- Each Australian State and Territory
- New Zealand
- South Pacific
- South East Asia
- East Asia
- South Asia
- Rest of World.
Module Academic Achievement Awards
Module Academic Achievement Awards will be awarded to one student in each award qualification module who achieves at least or above a High Distinction (86+).
The Rodney Benjamin Diploma of Insurance Broking Student of the Year
In honour of the late Rodney Benjamin's contribution to the broking industry, Student of the Year award for the Diploma of Insurance Broking has been renamed 'The Rodney Benjamin Diploma of Insurance Broking Student of the Year' – Diploma of Financial Services (Insurance Broking).
Rodney Benjamin was a renowned insurance expert having worked with Edward Lumley Group from 1948 to 1981. During his career he was an Honorary Life Member of both the Australian Insurance Institute (now ANZIIF), 1978 and the Insurance Institute of Victoria, 1975. He was President, Insurance Institute of Victoria, 1973 and Councillor, Australian Insurance Institute 1973-1981. Inaugural Chairman, Victorian Advisory Board, Insurance Council of Australia, 1975. Inaugural Chairman, Society of Fellows Australian Insurance Institute, 1989. Member Victorian Government Workers’ Compensation Advisory Committee, 1977-1981. Chairman, Victorian Workers’ Compensation Insurers’ Committee, 1977-1981.Chairman, Insurance Council Victorian Workers’ Compensation Rating Committee, 1977-1981. Chairman, Insurance Council of Australia Workers’ Compensation Committee, 1978 and a Chief Examiner, Fellowship, Australian Insurance Institute.
In retirement he went to university and gained a BA, MA and a PhD in economic history. In 1999 he was awarded the Medal of the Order of Australia for services to the Jewish community and the insurance industry.
The David Letcher Insurance Law and Regulation Module Award for Brokers
In honour of David Letcher's contribution to the broking industry, the module - Insurance Law and Regulation for Brokers - has been renamed 'The David Letcher Insurance Law and Regulation for Brokers Module Award Winner' – Diploma of Financial Services (Insurance Broking).
In his long history in the industry, David was a member of the Australian and New Zealand Institute of Insurance and Law, Law Council of Australia, the Australian Insurance Law Association, and the Insurance Council of Australia’s Anti-Fraud Squad. David was also the Referee for Insurance Brokers Disputes Limited, and was well known for his expertise in insurance law and litigation and his views on ethical issues such as fraud, the duty of utmost good faith and proper conduct of negotiation and litigation.
P C Wickens Life Insurance Regional Student of the Year Award (NSW)
In honour of Peter Charles Wickens OBE, an Academic Award has been established to honour the contribution that he made to the industry. The P C Wickens Life Insurance Regional Student of the Year Award will be given to the student who achieves the highest final grade in the Diplomas of Financial Services - Life Insurance in NSW.
P C Wickens (as he was affectionately known) made a huge contribution to the life insurance industry as an actuary and General Manager of City Mutual. He was the winner of the E E Vines Memorial Prize four times in 1960, 1973, 1974 and 1975 and in 1978, was awarded an OBE for “exceptional service to the insurance industry”. He was 96 years old when he passed away.
Previous Winners
2009 - Catherine Bini (Metlife Insurance Ltd)
AILA Insurance Law and Regulation Awards
The Australian Insurance Law Association (AILA) will be awarding AUD$1,000 to Australian students (five prizes available) who have successfully completed and achieved the highest final grade of a Distinction or High Distinction in any of the insurance law and regulation modules listed here.
Eligible modules:
Prizes will be awarded on an annual basis and one prize of A$1,000 will be awarded in each module.
Prizes are awarded annually based on results of the courses or modules completed in the calendar year. No applications are necessary. The Institute will notify successful students.
Please note that awards will be conferred only where the result achieved is at a High Distinction or above.