The mission of the Derek Hughes/NAPSLO Educational Foundation is to encourage the educational development of professionals in the excess & surplus (E&S) lines industry and to help overcome misperceptions about the market. The Foundation undertakes several initiatives with this aim, all of which help improve understanding of excess and surplus lines.
The Foundation was formed in 1991 and named for retired Western World Insurance Group President Derek Hughes. Hughes, who began his insurance career with the Royal Exchange Insurance Group in Liverpool, England, also served on NAPSLO’s Board of Directors and chaired the Education Committee.
The Foundation’s scholarship program is an important piece of NAPSLO’s career development work. According to Brian Van Cleave, president of the Derek Hughes/NAPSLO Educational Foundation Board of Directors and senior vice president, Euclid Program Managers, the Foundation awarded 15 scholarships for the 20162017 academic year. Those students each receive $5,000 for the purpose of furthering and supporting their study of insurance as a career.
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