OREANDA-NEWS. December 24, 2010. A solemn ceremony of awarding of the winners of V.I. Shcherbakov annual contest of students’ papers was held in Moscow in the central office of Ingosstrakh. This year more than 40 students from 23 leading higher educational institutions of Moscow, Ekaterinburg, Omsk, Rostov-on-Don, Novosibirsk and other cities of Russia took part in the contest.

Abstracted versions of graduation and course papers participated in the contest as well as research articles of the second to fifth year full-time education students. They represent an individual development of the topic selected and contain the authors’ conclusions and recommendations on the problem studied. The contest papers were assessed proceeding from the criteria of the topic actuality, analysis independence, practical orientation, and scientific outlook of the author, logical sequence of presentation, fullness and depth of topic disclosure.

According to the results of an expert council meeting consisting of heads of institutes and chairs of leading Moscow higher education institutions where insurance business is taught as well as managers of Ingosstrakh divisions, the winners are as follows:

Nikolai Sergeyevich Agafonov, Saint Petersburg State University of Economy and Finances, Department of Finance, Credit and International Economic Contacts, specialization: "Commercial Insurance", for the paper “Regulation of Financial Stability of Insurers. Foreing Experience. Actuarian Role”;

Ulyana Evgenyevna Zvereva, GOU VPO “Volzhsky State Engineering and Pedagogical University”, Social and Economical Institute, specialization: “Organization Management”, specialization: “Insurance Management”, for the paper “Struggle for CNC Markets Under the Conditions of Financial Crisis (by way of example of Moscow and Moscow Region)”;

Mikhail Alekseyevich Kosulin, the State Management University, the Institute of Management and Entrepreneurship in the Social Sphere, specialization: “Labor Relationship Management, Social Protection and Insurance”, “Sales Management: Formation of Trust Relations with Clients”.

All the winners got Ingosstrakh’s encouragement prizes amounting to 30,000 rubles and diplomas of contest prizewinners.

The below participants were awarded with diplomas for interesting advanced papers:

Marina Evgenyevna Babich, Stavropol State University, Law Department, for the paper “Fraud in the Insurance Market: Methods of Revealing and Struggle”

Anastasiya Fedorovna Konnova, GOU VPO Volzhsky State Engineering and Pedagogical University”, Social and Economical Institute, specialization: “Organization Management”, specialization: “Insurance Management”, for the paper “Development of an Insurance Company Agency Network”

Antonina Sergeyevna Tyuteova, Financial University affiliated to the government of the Russian Federation, department “Mathematical Methods and Risk Analysis”, for the paper “Calculation of Premium in Nonproportional Reinsurance Using Risk Curves”

This contest established in honor of the 50th anniversary of Ingosstrakh was held for the first time in Moscow in 1997. In 2000, it came to a Federal level. In 2008, this contest got the name of Vyacheslav Ivanovich Shcherbakov in commemoration of Ingosstrakh President who died an untimely death and who had headed Ingosstrakh expert council for several years. Within 13 years, 392 students’ papers have got through an expertise in sectorial integrated companies, 37 grants and 69 prizes have been awarded, 18 winners have been employed at Ingosstrakh, many of them work for the company until the present time.

Andrew Veretenov, Deputy Head of the Department of Assessment and Regulation of Insurance Activity of Ingosstrakh, participated in the students’ papers contests in 1998. He thinks that participation in the contest makes every competitor to “bite more than one can chew”, sum up the student’s period of searching and settle down to a course of professionalism where work performance quality is the main criterion of assessment. Therefore, regardless of the results of the contest, any participant obtains invaluable experience in concretization of his objectives and expansion of professional knowledge, which may become a serious base for a future professional or an additional competitive advantage while searching a worthy and interesting job”.

Marina Grigorieva, HR Deputy Director of Ingosstrakh, said as follows: “We are glad that the contest arouses interest of higher education institutions and students not only in Moscow but in other towns of Russia, makes it possible for young people to demonstrate their knowledge, make oneself known as a new specialist. As to the company, it is, in its turn, an opportunity to search for the talented youth, new ideas and future specialists of Ingosstrakh.