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Spencer Educational Foundation Awards Loss Prevention Education Grants 4/20/2009


Spencer Educational Foundation, Inc. has awarded the University of Hartford and Virginia Commonwealth University with $50,000 grants each for the development of loss prevention course curricula for students studying risk management and insurance. FM Global funded the grants to support the development of undergraduate course modules and a graduate loss prevention course curriculum.

The University of Hartford Barney School of Business will use the grant to develop three course modules that focus on the importance of loss prevention in reducing an organization’s total cost of risk.

The Virginia Commonwealth University (VCU) School of Business Risk and Insurance Studies Center will use the funds to create a graduate-level loss prevention course designed to train current and prospective business managers to plan, develop and implement risk analysis and loss prevention programs.

“Congratulations to these university programs that demonstrate superior risk management education,” says Donna L. Galer, chairwoman of Spencer Educational Foundation, Inc. “These grants will enable the University of Hartford and Virginia Commonwealth University to take a leading role in loss prevention advocacy and, in turn, add value to their collegiate programs.”

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