Grant Program

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Introduction

The National Alliance Research Academy is a non-profit corporation, funded entirely through publication sales and affiliation dues. The Academy promotes and conducts practical research on all aspects of the risk management and insurance industry. As an extension of its robust research program, The Academy publishes monographs and studies for those who want to share in the growth of the risk management and insurance industry.

In efforts to work closely with universities and other industry researchers, the Academy has put together a grant program and research agenda. The Academy hopes that these efforts will encourage research that can be applied to practitioner problems. The Academy grant program provides awards for both experienced and student researchers. The Research Agenda is a guide to the topics that The Academy and its members are most interested in researching.

Grant Program

Grant Program and Research Agenda

Research Grants

Student Grants

Application Procedure

Three-Page Proposal

Coversheet

Introduction

Narrative

Evaluation Criteria

Deadlines

Grant Program

This document outlines The National Alliance Research Academy standards for the submission of proposals to conduct insurance and risk management research under the Grant Program. The Academy expects to address research on a variety of issues related to the insurance and risk management industry with an emphasis on the practical application of research within the industry. The Academy awards both Research Grants and Student Grants. For Research Grants, the maximum amount is $5,000. For Student Grants, the maximum amount is $2,500.

Grant Program & Research Agenda

Research Grants

Through its Research Grant Program, The Academy supports insurance and risk management industry research on a variety of issues, as described in The Academy Research Agenda. Grants made under this program are expected to result in research of a rigorous nature that is accessible and of particular interest to practitioners. The Academy will consider all insurance and risk management industry-related topics. The Research Grant is open to all researchers.

Student Grants

The Student Grant Program is reserved for students in approved master’s and Ph.D. programs of business study. The purpose of the Student Grant is to encourage students to pursue research in the insurance and risk management industry, with an emphasis on practical research with identifiable application in the industry. Students should consider identifying a faculty sponsor, but are not required to do so. A single recommendation letter from a faculty sponsor may be submitted with student submissions and will be taken into consideration in awarding grants.

Application Procedure

  • Applicants will submit a three-page proposal outlining their proposed research.
  • Research Grant applicants will submit a vita that describes professional qualifications. Student Grant applicants will submit a short biography detailing academic achievements and current course of study.
  • The selection committee will evaluate the proposals based on the evaluation criteria. Final grant awards will be announced at the August meeting of The Academy Board.

Three-Page Proposal

The successful three-page proposal should follow this format:

Coversheet

Organization Name, Address, City, State, Zip Code, Country, Contact Name, Title, Telephone, Fax, E-mail Address

Introduction

The purpose of your request (one paragraph)
Proposed grant project/program time frame

Narrative

A synopsis of the proposed research project, which generally covers the following:The problem or need being addressed, and how you will approach the identified problem or need

  • How your proposal addresses The Academy’s Research Agenda
  • What sources of data you will use for your research (please identify any data collection that will require utilization of National Alliance resources; see Research Agenda for more information on these resources)
  • The population or community addressed by your research
  • How your project or program will impact the industry

Evaluation Criteria

The selection committee will consider all proposals that contribute to The Academy’s Research Agenda. The three-page proposals will be evaluated according to the following criteria:

  • Contribution to relevant industry, practitioner problems, and to professional literature
  • Technical merit
  • Professional qualifications
  • Likelihood of timely completion of the project
  • Consistency with The Academy’s Research Agenda
  • Special consideration will be given to those who use data resources from The National Alliance for Insurance Education & Research.

Deadlines

February 1, 2016 – Deadline for three-page proposal applications
March 1, 2016 – Announcement of grant awards

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