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 Award Student of the Year Awards are conferred on those students who receive the highest average result in each of the Institute’s ten award qualifications. Regional Student of the Year Awards Regional Student of the Year Awards are conferred on those students who receive the highest average result in each 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 The Institute confers Module Academic Achievement Awards to students who receive the highest mark for each module. 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. Fellowship Prize Fellowship Prizes are awarded to those students who achieve the highest overall result in completion of post-graduate programs which lead to Fellowship of the Institute. These awards are currently made to students at Deakin University (Australia), University of Technology – Sydney (Australia), and Nankai University (Tianjin, China). Conditions, Procedures and Responsibilities Prizes are awarded annually, based on results of modules or courses finished in the calendar year. No applications are required and successful students will be notified.
Awards for Student of the Year or Module Academic Achievement are given only where an average result of Distinction or higher is achieved. 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:
FSI402 – Insurance Law and Regulation
FSB502 – Insurance Law and Regulation for Brokers
FSL502 – Life Insurance and Superannuation Law and Regulation
FSA504 – Loss Adjusting Law and Regulation
FSW502 – Workers Compensation Law and Regulation
Prizes will be awarded on an annual basis and one prize of AUD1,000 will be awarded in each module. Winners will be announced in April. ALUCA Life Insurance Award The Australian Life Underwriting and Claims Association (ALUCA) will be awarding an annual prize to any student in Australia who has successfully completed the Institute Diploma of Life Insurance and achieved the highest final grade of a Distinction or High Distinction. The winner will be awarded a prize of AUD$2,000 and will be announced in April of each year.
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