IN my column on June 17, titled 'Attracting talents to the insurance industry,' I mentioned the SUITS program of the Insurance Institute for Asia and the Pacific, or the IIAP as it is more popularly known. SUITS stands for Select Universities Insurance Training Scholarship. The program consists of comprehensive training in life and non-life insurance, hands-on learning and practical sessions. It aims to provide comprehensive insights, networking opportunities and a chance to jump-start a career in the insurance industry.

Who is eligible to join the program? Graduating students from any CHEd-recognized college or university who are interested in exploring and pursuing a career in the life or non-life insurance industry. IIAP conducts an active search by inviting graduating students and entertaining referrals from these universities. It is a 10-week scholarship program designed to provide a strong foundation in the insurance business through core courses in insurance, basic management, values integration and presentation skills. No tuition is charged to the participants. Meals and daily allowances are provided for during the training period.