IA&B Scholarships

Looking to become an insurance agent? Apply for the Licensing Exam Prep Scholarship to receive financial support on your first step to becoming an agent.  IA&B takes the stress out of preparing for the Pennsylvania licensing exam. Whether you are seeking a property & casualty or life & health license, you will feel confident with newfound knowledge to pass the exam.

Value of Each Scholarship: Up to $515

Available: Several scholarships will be awarded to individuals throughout the year.

Completion Note: Recipients have 1 year to complete from time awarded. 

Eligibility: Desire to be a successful independent insurance agent  

State: Only available in PA

Apply by: Ongoing – apply anytime, as long as IA&B receives your application at least eight weeks prior to the class you would like to attend. 

Receive a scholarship for the CIC Designation Program. The CIC Program is the essential tool for a professional who wants to sharpen his/her skills. It allows insurance professionals to dig deeper into insurance exposures, exclusions, and coverages. To earn a CIC designation, an individual must choose and complete five of seven institutes (listed below) and pass the corresponding exams:

• Agency Management
• Commercial Casualty
• Commercial Multiline
• Commercial Property
• Insurance Company Operations
• Life & Health
• Personal Lines

Value of Scholarship: $2,200

Available: One Full Designation Scholarship - 5 Institutes

Completion Note: Recipient has 3 years to complete designation from time awarded.

Eligibility: Must be a licensed agent; must have at least 3 years of experience in the insurance field. 

State: Available in PA, MD, and DE

Apply by: COB on Dec. 28, 2018, recipients announced by January 31, 2019

This scholarship is given in memory of CIC Education Consultant James T. Harrison, Jr. Jim was a CIC Education Consultant and IA&B instructor for more than 20 years.  Anyone who heard Jim speak or took one of his CIC exams can attest to his commitment to quality.  Jim believed that education should challenge you; otherwise, what’s the point?  In memory of our dear friend, we offer this annual, full CIC scholarship to challenge you to take the next step in your insurance career. 

Receive a scholarship for the CISR Designation Program. It empowers outstanding individuals to provide exceptional account management and customer service. CISR courses are known for preparing front-line professionals to analyze risks, policies, forms, and claims data and communicate that understanding clearly to their clients, carriers, and colleagues. To earn a CISR designation, an individual must choose and complete five of nine (listed below) seminars and corresponding exam: 

• Agency Operations
• Commercial Casualty I
• Commercial Casualty II
• Commercial Property
• Elements of Risk Management
• Life and Health Essentials 
• Miscellaneous Personal Lines
• Personal Auto Exposures
• Personal Residential Property

Value of Scholarship: $1,000 

Available: 1 Full Designation Scholarship - 5 Seminars

Completion Note: recipient has 2 years to complete designation from time awarded.

Eligibility: Must be a licensed agent.

State: Available in PA, MD, and DE

Apply by: COB on Dec. 28, 2018, recipients announced by Jan. 31, 2019

Receive a scholarship for any IA&B live webinars.

Value of Each Scholarship: Up to $150

Available: Several scholarships will be awarded throughout the year.

Completion Note: Recipients have 1 year to use from time awarded. 

State: Available in PA, MD, and DE

Apply by: 

• COB on Dec. 28, 2018, recipients announced by Jan. 31, 2019 
• COB on May 31, 2019, recipients announced by June 28, 2019