NIBA member wins 2016 ANZIIF TurksLegal Claims Scholarship

TurksLegal and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) have announced the winner of the 2016 ANZIIF TurksLegal Claims Scholarship as NIBA member Jason Courtenay, Claims Manager at Bellrock Construction Surety.

Jason submitted his winning entry on the topic of the Insurer’s Right to Choose the Risk it Wishes to Accept. His win was announced at the ANZIIF Annual General Insurance Breakfast in Sydney.

“In my role as Claims Manager for an independent brokerage, BCS Broking, one of the difficulties I encounter on a daily basis is balancing and aligning our company’s longstanding relationships with underwriters with the need to advocate passionately for our clients’ interests in claim situations. In my essay, I focussed on how this balancing process needs to occur at the underwriting stage so that the “actual risk” is being covered, rather than unsubstantiated perceptions”, said Jason Courtenay, this year’s Scholarship winner.

Jason continued that “The Scholarship is a fantastic way to immerse yourself in a topic you may previously have been unfamiliar with. Last year I wrote a paper on the Duty of Good Faith and throughout the past 12 months I was able to draw on the information I had gained from studying the topic in real claims scenarios. I expect I will be saying the same thing in 12 months’ time with respect to my most recent paper.”

As the winner, Jason receives a package valued at up to AU$8,000 including return travel, accommodation, AU$500 spending money and registration to the 2017 Claims Conference and Insurance Services Expo to be held in Boston, Massachusetts, USA. Alternatively he can choose to receive $5,000 cash and registration to attend the 2017 ANZIIF Claims Convention in Australia including return flights and accommodation.

The runner-up prize was awarded to Shane Cornford, Claims Officer at SLE Underwriting Corporation, for his essay on whether it’s time to review the scope and power of the FOS. As part of his prize, Shane is awarded registration to the 2017 ANZIIF Claims Convention in Australia including travel and accommodation.

Paul Angus, General Insurance partner at TurksLegal and member of the Scholarship’s judging panel said “This year’s scholarship posed some challenging questions and both the winner and the runner-up’s entries tackled difficult issues clearly and with a well-argued point of view. Jason’s paper addressed an insurer’s right to choose the risk it wants to insure and highlighted his points with reference to s54, anti-discrimination legislation and big data – his was a well-reasoned and researched paper on a big topic. Shane’s insightful paper forcefully argued for an expansion of the jurisdiction of the Financial Ombudsman Service.

TurksLegal is thrilled to continue to partner with ANZIIF for the ninth year of this important professional development opportunity for those working in the general insurance industry.”

“ANZIIF is delighted at Jason’s win of the TurksLegal Scholarship. His essay makes a valuable contribution to insurance thought leadership, and the Judges thoroughly enjoyed reading his well-reasoned arguments. We hope that Jason has a fruitful time networking with colleagues and insurance professionals at his chosen event,” said CEO of ANZIIF, Prue Willsford.