Claes Isacson joined Gard in 1996 to set up an office in Gothenburg. In 1999 he was promoted to head of P&I underwriting and became CEO in 2001. His tenure as CEO was characterised by a strategy of growth and diversification which led to Gard becoming the largest P&I club in the world and the third largest marine insurer.
In addition to his role at Gard, Claes played an active role in the wider marine insurance market. In November 2009, he was elected Chairman of the International Group of P&I Clubs – the first non-British person to hold this position – for a three year term.
Claes’ overriding goal was to meet changing client needs. Whether it was developing Gard Academy to look at education, re-engineering underwriting, expanding the office network to reach the emerging economies or creating best practice in claims handling, Claes always looked to the future and to continually improve the organisation and the way it served its Members and clients.
Against the background of Claes Isacson’s engagement in and commitment to the shipping and marine insurance industries during his entire working life, and his particular focus on internal education and training through the establishment of the Gard Academy, the intention is that the scholarship shall help young people to finance an education at university level with a view to finding work within the shipping and marine insurance sectors. The Claes Isacson Scholarship is awarded annually and amounts to USD 20,000 which may be awarded to one student or split between several students..
The closing date for applications was 1 April 2018.
The applicant must be 18 years of age or older and must have commenced studies at a university or equivalent educational institution focusing on subjects related to, or of importance to, the shipping industry and/or the marine insurance business.
The applicant must present a plan for the completion of his/her studies and set out to what extent the scholarship will be used for the purpose of financing a special project or course being part of the education programme he/she has already commenced.
The applicant must provide certified copies of exam certificates from that part of the education programme(s) at university level or equivalent educational institution he/she already has completed.
The applicant should outline future career plans and desribe the extent to which he/she wishes to work in the shipping and marine insurance business.
The Scholarship is open to students from any country.
The Scholarship Committee will interview selected applicants before announcing the winner of the Scholarship.