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Press Release

Franklin University Hosts Collegiate Insurance Challenge to Resolve Real-World Industry Challenges


Sherry Mercurio
Executive Director, Office of Community Relations

Columbus, OH (October 24, 2018)

Franklin University, a leader in adult education, will host insurance students from colleges across Ohio this week in a competition designed to spur career interest in the insurance industry – an industry viewed as a major economic driver, employing more than 1.5 million people in the United States and over 108,000 in Ohio.

Organized by Fundación MAPFRE, the Insurance Collegiate Challenge will take place:

  • October 25         Bowling Green State University                Regional Competition
  • October 26         The University of Akron                            Regional Competition
  • October 27         Franklin University                                    State Competition

The Insurance Collegiate Challenge introduces students to the various roles within the insurance industry, simulating real-world industry challenges that the students need to tackle. The competition tests students’ abilities in strategic planning, decision-making, collaboration and other essential skills for operating a successful insurance company.

“The insurance industry offers many opportunities for growth across a variety of interesting career paths,” said Alfredo Castelo, Chief Representative of Fundación MAPFRE in the United States. “We are pleased to organize this competition, which provides valuable industry insights for aspiring insurance professionals.”

Students from Ohio Dominican University and Shawnee State University will join the teams from Bowling Green State University, The University of Akron and Franklin University to compete in the three-day competition, which culminates with the state championship and award presentation.

About Fundación MAPFRE  

Fundación MAPFRE is a nonprofit organization created by MAPFRE Group in 1975, which performs its activity in 29 countries and whose main objective is to promote the well-being of society and citizens across the company’s footprint.  It is the insurance company’s majority shareholder, thus helping to ensure the firm’s independence and shareholding stability. 

The Fundación’s operations focus on five areas:

  • Accident Prevention and Road Safety
  • Insurance and Social Protection
  • Culture
  • Social Action
  • Health Promotion

In 2017, the Fundación performed more than 300 activities around the world, which benefited nearly 23 million people.

For more information about Fundación MAPFRE, please visit

For information about Franklin University's Risk Management & Insurance program, visit:


About Franklin University

Accredited, nonprofit and dedicated to educating adults since 1902, Franklin provides onsite course options at over 25 Midwest locations and is an innovator in providing personalized online education. The University offers applied in-demand undergraduate, master’s and doctorate programs that enable adult learners to achieve their educational and professional goals. The University also offers several academic programs internationally, including its top-ranked MBA, through agreements with partner institutions.

Franklin University is accredited by The Higher Learning Commission and holds specialized accreditations for specific academic programs through the International Accreditation Council for Business Education and the Commission on Collegiate Nursing Education.

News Type

  • Students
  • University