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Press Release

Franklin University Hosts 3rd Annual Insurance Collegiate Challenge to Resolve Real-World Industry Challenges


Sherry Mercurio
Executive Director, Office of Community Relations

Columbus, OH (September 19, 2019)

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Franklin University, a leader in adult education, will host insurance students from colleges across Ohio 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 early qualifying regional competitions will take place at one of the following locations:

  • The Ohio State University, Fawcett Center, Columbus
    Wednesday, October 23rd, Session 1: 8:30 a.m. – 12:30 p.m., Session 2: 1:00 p.m. – 5:00 p.m.
  • The University of Akron, Taylor Hall, Akron
    Friday, October 25th, Session 1: 8:30 a.m. – 12:30 p.m., Session 2: 1:00 p.m. – 5:00 p.m.

The top team from each of the above sessions, plus the team with the highest score of all remaining teams, will qualify to participate in the Insurance Collegiate Challenge State Championship.

  • Franklin University, Ross Auditorium, Columbus
    Saturday, October 26th, 9:00 a.m. – 4:00 p.m.

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

“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 interested in competing as a team or individual competitor should register at A maximum of 20 teams, comprised of five undergraduate students each, can compete in this year’s Insurance Collegiate Challenge. With 31 schools invited and registration open for a limited time (Oct. 1), spots will go fast. All undergraduate majors are eligible with no prior insurance knowledge needed. Each university can register up to two teams and those registering as an individual competitor will be placed into mixed-campus teams. Thanks to Fundación MAPFRE, there is no expense associated with participation.
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.  

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