QBE Europe supports Covid-19 relief with £400,000 donation
QBE’s charitable arm, QBE Foundation, has announced a £400,000 grant to be split among its charity partners in Europe.
In the UK, grants will be provided to QBE’s charity partners the British Red Cross, Crisis, Mind and Save the Children.
Grant Clemence, Chair of QBE Foundation, said: “QBE Foundation’s aim is to make a lasting difference in communities in which we operate. Now, more than ever before, those communities need our support. By providing these grants, we hope to not only help with much needed funds for the short-term but also support the communities we operate in remain resilient in the long term.”
“The British Red Cross has been on the frontline of helping those affected by Covid-19. Meanwhile, our charity partners CRISIS, Mind and Save the Children are working harder than ever to protect vulnerable people.”
Part of the grant money will be allocated to QBE’s offices in continental Europe and QBE’s Toronto office to support local causes. In addition, funds will be going to smaller charities dealing with specific issues in relation to Covid-19 relief, such as food banks and support for the elderly.
The QBE Foundation partners with impactful not-for-profit organisations around the world to help people overcome poverty, strengthen their health and wellbeing, and to build more inclusive, sustainable communities. It has donated over £8m to charities since its launch in 2011, through a combination of initiatives such as matching employee fundraising efforts and payroll giving donations to providing grants to charities and encouraging employee volunteering.
Authored by QBE
About QBE
QBE European Operations is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2018 was US$13.7 billion.
As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large client base.
We understand the crucial role that effective risk management plays in all organisations and work hard to understand our clients’ businesses so that we offer insurance solutions that meet their needs – from complex programmes to simpler e-trading solutions – and support them in minimising their risk exposures. Our expert risk management and rehabilitation practitioners focus on helping clients improve their risk management so that they may benefit from a reduction in claims frequency and costs.