QBE to help 200 single parents benefit from new financial literacy programme
Authored by QBE Foundation and Communications Co-Ordinator Kelly Chambers
The African Caribbean Achievement Project (ACAP) is a grass-roots independent charity, based in West Yorkshire, who promote and raise the educational development of people of African and Caribbean descent within the area.
The QBE Foundation’s grant will fund the new ACAP School of Money financial literacy programme, supporting single African Caribbean parents. The year-long programme offers parents workshops, web-based financial literacy training and culturally appropriate financial resources.
QBE Foundation Coordinator, Kelly Chambers, said:
‘’200 single parents are set to benefit from the new programme through one to one training and online sessions. With our funding, ACAP can help parents improve their relationship with money and stay in control of their finances, which will benefit their children, as well as the wider community.’
Leena Hoffman, one of the parents on the programme told us how she has benefited from the programme.
“Thanks to ACAP I am much better at managing my money and I have only been on the programme for three weeks. I am learning new budgeting and money management skills that I am using to sort out my finances and improve mine and my daughter’s life”.
ACAP Director, Claudia McFarlane said:
“Because of the investment in our charity from the QBE Foundation, for the first time we are able to work closely with parents who need help and support to understand and manage their money. The ACAP School of money is a much-needed resource in the African Caribbean community and we thank the Foundation for helping us to improve lives in this way”.
To visit the QBE Foundation page to learn more about the Foundation CLICK HERE
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.