Zurich, a property-casualty insurance company, announced that the Global Automotive Aftermarket Symposium (GAAS) will award 20 aspiring aftermarket industry professionals $1,000 scholarships from money donated by Zurich’s Direct Markets group, a provider of customized insurance products for aftermarket businesses in North America.
The GAAS scholarships are funded partially by a grant from Zurich’s High-Octane Scholarship Program designed to address the educational needs of students looking to enter automotive aftermarket fields. Zurich worked with the GAAS scholarship committee to identify 20 strong candidates with a desire to work in the following aftermarket industries:
· Automotive service and repair
· Automotive parts e.g., warehouse distributor, jobber or retailer
· Tire including retail, retread, commercial and off-the-road
· Automotive and heavy-duty parts remanufacturing
“These 20 scholarship recipients not only demonstrate a desire to work in specific industry segments, but they also meet the criteria Zurich identified based on input received from customers,” said Bob Tschippert, senior vice president of Zurich’s Direct Markets group. “Zurich values the close relationships we have with customers, and we are committed to helping their industries grow and succeed.”
Zurich first contributed $10,000 to GAAS in October 2007. After recognizing the increasing need for qualified aftermarket industry professionals, Zurich contributed an additional $10,000 to the scholarship fund. Part of the contribution was funded by money Zurich had earmarked for the purchase and distribution of holiday cards to its aftermarket customers. Tschippert said utilizing these funds for scholarships provides greater value to its customers.
“This donation is Zurich’s way of saying we understand the importance of training future generations of aftermarket industry professionals,” said Tschippert. “Working with GAAS creates the synergy we need to keep this industry moving forward.”