OneBeacon Insurance Awards 2010 College Scholarships

Jun 28, 2010, 16:30 ET from OneBeacon Insurance Group, Ltd.

CANTON, Mass., June 28 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group recently announced the winners of its annual college scholarship program, funded by the OneBeacon Charitable Trust. Twenty high-school seniors received $1,500 scholarships, including sons and daughters of OneBeacon employees and of the company's distribution partners. Recipients were selected based on criteria including academic record, leadership skills and participation in school and community activities.

OneBeacon CEO Mike Miller said, "We are very pleased to support this talented group of young scholars as they begin their college years. Besides their academic achievements, they demonstrated an amazing capacity to contribute to both their high schools and to their communities. All of us at OneBeacon congratulate this year's scholarship winners and wish them well as they embark on very promising futures."

OneBeacon's scholarship program is administered by Scholarship Management Services, a nonprofit scholarship program administrator, and is funded by the OneBeacon Charitable Trust. This marks the eighth year that the program has awarded scholarships.

The 2010 OneBeacon scholarship winners are listed below:

Scholarship Recipient

Company (Parent's Employer)


College Attending

Alyssa Abraham                                                

Wells Fargo Insurance Services

Bloomington, MN          

University of Texas at Austin          

Robin Armstrong                                              


Canton, MA

Tufts University                      

Sara Carr                                                    

The Arizona Group                  

Gilbert, AZ                      

University of San Diego                

Thomas Cooper                                                


Canton, MA                      

Johns Hopkins University              

Kevin Cotter                                                  

Berry Insurance Agency              

Franklin, MA                    

College of the Holy Cross              

Kaitlin Danielson                                            

Wells Fargo Insurance Services      

Bloomington, MN                  

University of Minnesota

Sarah Depillo                                                


Syracuse, NY                    

William Smith College                  

Courtney Doyle                                                

Fred C. Church, Inc.

Lowell, MA                      

Bates College                          

Lauren Ferguson                                              

Wells Fargo Insurance Services

Wenatchee, WA                    

Gonzaga University                    

William Gearty                                                

Corcoran & Havlin Insurance      

Wellesley, MA                    

Massachusetts Institute of Technology  

Joseph Guihan                                                


Canton, MA                      

Carnegie Mellon University            

Catherine Keywan                                              


Avon, CT                        

Endicott College                      

Erica Macior                                                  

Brown & Brown Insurance            

Rome, NY                        

State University of New York at Stony Brook

Vincent Riemer                                                


Canton, MA                      

Rensselaer Polytechnic Institute      

James Seyffart                                                


Morristown, NJ                  

Boston College                        

Katey Sluder                                                  

InLight Risk Management, LLC        

Oklahoma City, OK                

Southwestern Oklahoma State University

Thomas Sturkie                                                

J. Smith Lanier & Company          

Columbus, GA                    

Georgia Institute of Technology        

Amanda Telesca                                                


Syracuse, NY                    

Ithaca College                        

Branden Wooten                                                


Salem, VA                        

University of Virginia                

Nicole Zeblisky                                              


Canton, MA                      

New York University                    

The OneBeacon Charitable Trust is a tax-exempt private foundation under Section 501(c)(3) of the Internal Revenue Code managed by employees of OneBeacon Insurance Company. OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under the symbol "OB." OneBeacon Insurance Group's underwriting companies offer a range of insurance products sold through select independent agents, regional and national brokers, and wholesalers. The company's ongoing businesses include OneBeacon Professional Insurance, International Marine Underwriters, Entertainment Brokers International Insurance Services, Specialty Accident and Health, OneBeacon Government Risks, OneBeacon Energy Group, A.W.G. Dewar (tuition refund), collector cars and boats written through Hagerty Insurance Agency, OneBeacon Technology Group, OneBeacon Financial Services, OneBeacon Specialty Property, Property and Inland Marine, and AutoOne.

As one of the oldest property and casualty insurers in the United States, OneBeacon traces its roots to 1831 and the Potomac Fire Insurance Company. Today, OneBeacon's specialty insurance businesses are national in scope while personal lines business is concentrated in the Northeastern United States.

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  • claims arising from catastrophic events, such as hurricanes, windstorms, earthquakes, floods, fires, explosions, terrorist attacks or severe winter weather;
  • recorded loss and loss adjustment expense reserves subsequently proving to have been inadequate;
  • the continued availability and cost of reinsurance coverage;
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  • general economic, market or business conditions;
  • business opportunities (or lack thereof) that may be presented to it and pursued;
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  • an economic downturn or other economic conditions adversely affecting its financial position including stock market volatility;
  • actions taken by ratings agencies from time to time, such as financial strength or credit ratings downgrades or placing ratings on negative watch;
  • the risks that are described from time to time in OneBeacon's filings with the Securities and Exchange Commission, including but not limited to OneBeacon's Annual Report on the Form 10-K for the fiscal year ended December 31, 2009 filed February 26, 2010.

Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by OneBeacon will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, OneBeacon or its business or operations. OneBeacon assumes no obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE OneBeacon Insurance Group, Ltd.