Insurers raise funds for local communities

The Insurance Industry Charitable Foundation (IICF) raised over £125,000 at its annual ball with proceeds going to aid local communities.

John Neal, CEO of Lloyd’s, commented: “Lloyd’s and the IICF do great work in the community that has a hugely positive impact on society, and we should all take pride in what we achieve and the impact it has, with one caveat: that we must always strive to do more”.

Funds raised to-date have allowed IICF, together with the Industry, to help over 1,000 vulnerable people across the country to excel in school, find meaningful employment and make a new start in life.

Earlier this year the IICF published a whitepaper from its Millennial Ideas Summit in New York, with one of the main findings revealing that social responsibility was a key way to engage millennials who view giving back as a top priority.

Switzerland, Singapore and the US are the most sustainable investment markets in the world and companies listed in these countries are delivering the most positive social and environmental benefits, research by Schroders has revealed.

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