Centrepoint Alliance’s industry-first charity initiative to benefit patients

A premium funder has partnered with a charitable institution to launch an industry-first charitable initiative

Insurance News

By Mina Martin

Australia’s largest non-aligned premium funder Centrepoint Alliance, in partnership with Mater Foundation, a charitable institution that provides funds for healthcare and medical research, has launched an industry-first major charity initiative.

Starting 1 September to 31 January 2017, for every online application funded through Centrepoint Alliance, the premium funder will be donating $10 of the application fee to two aligned charities.

Centrepoint Alliance said in a statement that it is expecting tens of thousands of dollars in donations based on current projections.

Nigel Harris, Mater Foundation CEO, has expressed gratitude over Centrepoint Alliance's support of Mater’s advocacy: “Mater Foundation has an ongoing commitment to fund world-class research at Mater, as well as range of healthcare services that benefit thousands of patients each year.

“It’s the generosity of corporate companies and individual donors which allows us to create a meaningful impact for patients treated at Mater.” 

Donations collected from applications made by PSC group brokers and authorised representatives will be channelled to the PSC Foundation, and will be used to support the charity and community endeavours of PSC group of companies in Australia.

Bob Dodd, CEO premium funding, Centrepoint Alliance, said: “We wanted to find a way that we could help make a substantial difference to worthy causes in our community. By linking the donations to funding contracts, this enables us to offer an uncapped donation amount. We believe this is the first arrangement of this type in the industry.”


Related stories:
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Aussie insurer QBE in charity push
 

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