Centenary - SIFE 2007 National Competition.
"Make A Dent In Insurance Fraud" - Case Study.
Insurance fraud has become a prevalent issue in the United States. It is the second most costly white collar crime in America today and costs the average citizen $300 in added insurance premiums. However, despite these statistics, the majority of people know little about insurance fraud or the negative effects it has on society. For the Ethics Competition, each participating team must create and implement a project and prepare a presentation proving how they taught others that the long-term consequences of auto insurance fraud out-weigh the perceived short-term benefits.
"Make A Dent In Insurance Fraud" is sponsored by SASCO Insurance Services Inc.
General Guidelines of Competition:
Download the complete entry form with competition guidelines and grading rubric
This competition is open to all college teams consisting of undergraduate students.
Each participating team will be challenged to create an exciting and effective educational project teaching individuals, either on their campus or in their community, about the negative effects auto insurance fraud is having on today¡¯s society.
After the teams have implemented their projects, they will be required to create a multi-media presentation and a two page executive summary documenting that their team effectively taught others the negative effects of auto insurance fraud, and helped to spark change in their community.
Once each presentation has been submitted, a panel of judges will score each submission using the grading rubric.
Awards:
- The top ten teams that participate in this case study will each receive a monetary award of $500.
- The team awarded 3rd place will receive a $1,000 monetary award.
- The team awarded 2nd place will receive a $2,000 monetary award.
- The team awarded 1st place will receive a $3,000 monetary award.
