The UK’s Chartered Insurance Institute (CII) announced that “a solar oven made from a single piece of reflective plastic won first prize in the CII’s Big Idea competition.” John Tilleman from Brown University picked up the £20,000 ($39,318) prize at the Institute’s annual graduation ceremony in London’s Guildhall.
His idea is aimed at “solving the cooking needs of the world’s poorest people through his innovative solar oven,” said the announcement.
The CII explained that the contest was par of its “Talent Initiative,” launched last fall at “The Big Event – the CII’s first ever insurance specific careers event held the at the University of Manchester.” Allianz, Axa, Norwich Union, Talent&Pro and Towergate, in conjunction with uuni.com, the educational and career networking site for the world’s brightest students, sponsored the event.
“With the intention of giving student entrepreneurship a truly global focus, the Big Idea competition attracted over 1,000 entries from top universities including Cambridge, Oxford, Stanford, Harvard, Sydney, Beijing, the National University of Singapore and the Indian Institutes of Technology and Management making it one of the largest student entrepreneurship competitions anywhere in the world, ” the bulletin explained.
The judging panel was composed of Sian Fisher, CII board member and Head of Agency Operations at Oxygen Insurance; Peter Hubbard, CII board member and former Chief Executive of AXA Insurance UK; Dr. Sandy Scott, Chief Executive of the CII Group and Graham Wessel, Managing Director of City & Law and uuni.com.
Source: Chartered Insurance Institute – www.cii.co.uk