Law firm Barry.Nilsson. and Young Insurance Professionals (YIPs) have called for submissions for their Next Gen Insurance Leader Award, which recognises business and leadership potential.

Entrants must be younger than 35 or have less than five years’ experience in the insurance industry and be a member of YIPs.

The winner will receive $5000.

A YIPs promotion says the award organisers are “looking for future leaders of the pack – progressive, big-picture thinkers who are looking ahead to solve some of the biggest challenges in the industry”.

Entrants must submit a written application exploring one of six topics: Customer engagement, Culture and unconscious bias, The royal commission and rebuilding trust, Data and better capturing risk insights, Technology versus judgement-based claims processes, and Known Unknowns: What will the industry look like in 10 years and what will be the next asbestos?

Submissions close on July 15. Three finalists will be named on July 26. They will attend a gala ball in Brisbane on August 17, where the winner will be named.