HONOLULU, HI – This month, HEMIC (Hawai‘i Employers’ Mutual Insurance Company) and the Shidler College of Business at the University of Hawai’i awarded the first recipient of The Robert L. Dove, Jr. Endowed Scholarship for Insurance Excellence. Endowed by HEMIC, this scholarship is intended to help grow the future business leaders of Hawai’i by encouraging the best and brightest Hawai‘i high school graduates to remain in Hawai‘i to pursue their business education.

The inaugural recipient, Vanessa Panetta, graduated from Mililani High School where she was a member of the National Honor Society. At Shidler, she is pursuing studies in finance, economics, accounting and risk management.

HEMIC endowed the scholarship to honor the legacy of HEMIC’s founding CEO, Robert Dove, who led the formation and growth of the company from an idea with no funding to what is today the leading provider of workers’ compensation insurance in Hawai’i.

This is the first four-year, renewable scholarship for the Shidler College of Business. It is awarded based on merit to an incoming freshman who is a graduate of a Hawai‘i high school and pursuing a business degree. Preference is given to students with an interest in finance and a concentration in insurance and risk management. If the recipient remains in the program, continues to meet the rigorous GPA requirement and is considered a student in good standing, they can renew their scholarship each year of their four-year degree.

About HEMIC

HEMIC is the State of Hawai’i’s leading workers’ compensation insurer, caring for over 6,000 businesses and 75,000 workers across the Hawai’ian Islands. Rated “A” for financial strength and stable outlook by A.M. Best, HEMIC is a mutual insurance company and has returned over $25 million dollars in dividends to its policyholders over the past nine years. An expert in safety, HEMIC helps employers prevent workplace injuries as well as care for injured workers. www.Hemic.com

About The Shidler College of Business at the University of Hawai‘i at Mānoa

Established in 1949 as the College of Business Administration, the College was named in 2006 after alumnus Jay H. Shidler, founder and managing partner of The Shidler Group. The Shidler College of Business is renowned for its expertise in international management education and is consistently ranked among the nation’s top graduate schools for international business by U.S. News. Long recognized for its Asia-Pacific focus, the College is a professional school offering a wide variety of degree, certificate and executive programs. The UH Shidler College of Business is the only graduate program in the State of Hawai‘i accredited by AACSB International. www.Shidler.Hawaii.edu.