The Insurance Supervision Agency will enhance and strengthen high school students and mathematicians’ financial education by providing them with trainings.
The Memorandum of Understanding with the Union of Mathematicians of Macedonia completed the successful cooperation thus far, in which ISA provided support through training to young high school students, excellent mathematicians who won a bronze medal at the International Economics Olympiad held in neighboring Greece.
The Insurance Supervision Agency (ISA) will continue to provide young mathematicians with financial education training. Simultaneously, ISA will actively support high school mathematicians in national and international competitions and Olympiads within its competencies and capabilities.
ISA and the Union of Mathematicians of Macedonia (UMM) signed a Memorandum of Understanding for the implementation of that procedure, which was signed by Krste Shajnoski, president of ISA’s Expert Council, and Gjorgi Markoski, president of UMM. The Union of Mathematicians is a professional organization that organizes our representatives’ preparations for each Economics Olympiad for high school mathematicians.
ISA, in collaboration with UMM, will provide trainings to improve high school students’ financial literacy. The MoU includes a slew of coordinated actions aimed at assisting young mathematicians with a special emphasis on financial education and greater utilization of financial products and services.
The cooperation that began in the first half of the year between ISA and UMM is strengthened and deepened by this Memorandum. Then, ISA professionals offered a training session for our high school mathematicians and economists who achieved excellent success at the Balkan Olympiad in Greece.
Specifically, for the first time, our representatives were awarded a bronze medal at the International Economics Olympiad in June of this year, which covers a team performance in the development of a business study in addition to individual achievements.
ISA shall increase its collaboration with the Faculty of Natural Sciences and Mathematics at UKIM, which is the parent organization of mathematicians from UMM, through this project.
Pursuant to the Decision on the announcement of Competition for primary and secondary school students for the occasion of Insurance Day ‒ November 1, the Insurance Supervision Agency publishes the following:
COMPETITION ON THE OCCASION OF INSURANCE DAY ‒ November 1
for primary and secondary school students
1-5 grade students have been assigned the following topic:
– “Insurance protects me from risks” – expressed through a work of art (drawing/digital drawing)
6–9 grade students have been assigned the following topic:
– “My investment – the insurance policy” – expressed through a literary work (song)
A total of 6 prizes will be awarded to primary school students for the selected best works, namely:
– 3 awards for the best artwork (drawing/digital drawing) for 1-5 graders;
– 3 awards for the best literary work (poem) for 6-9 graders;
The primary school students whose works are awarded will be granted a monetary prize of MKD 3,000.00, to be deposited in a bank of their choice.
Secondary school students are assigned the following topic: “Life is full of surprises, insurance is my financial security” expressed through a literary work (short story/essay)
The Short Story/Essay should be a maximum of 1,800 words in length and contain a personal opinion on the role of insurance, addressing issues such as: young people’s knowledge of what insurance means, how to buy insurance and own an insurance policy, thinking in terms of the need for financial literacy and education, the role of insurance in risk management, the role of insurance in the economy, the behavior of the young population and family habits toward insurance, and other assorted topics.
A total of three prizes will be awarded to the secondary school students for the selected best works. Students whose works have been awarded will be granted a monetary prize of MKD 6,000.00, to be deposited in a bank of their choice.
Common prerequisites applying to primary and secondary school students:
The deadline for submitting works is October 23, 2023.
Please sign your work and provide the following details:
- Name and surname of the student,
- Name of the school where the student attends classes (grade/year/municipality/village/city),
- Name and surname of a parent/guardian with residential address, and
- Contact number of parent/guardian/teacher/professor
Method of delivery of the works:
All works (drawing, poem, short story/essay) can be submitted in person or by mail to the Insurance Supervision Agency Archives. Literary works (poems, short stories/essays) and creative works (just a digital sketch) can be sent electronically to the following email address: email@example.com.
Delivery address by registered mail:
“For the purpose of competition on the occasion of Insurance Day – November 1”
Insurance Supervision Agency
Makedonija st. 25, Palata Lazar Pop Trajkov, floor 5, 1000 Skopje
An Expert Committee will study and assess the works received in order to determine the best art work – drawing, the best literary work – a poem for primary school students, and the best literary work – short story/essay for secondary school students.
The list of awardees will be published on the Insurance Supervision Agency’s website, www.aso.mk, no later than October 31, 2023.
Visit the educational portal www.edukacija.aso.mk to learn more about insurance.
For additional information, please email the Insurance Supervision Agency at firstname.lastname@example.org.