To help Ukrainians impacted by the ongoing war with Russia, the Insurance Brokers Association of Canada (IBAC) has made a $10,000 donation to the Red Cross Ukraine Humanitarian Crisis Appeal.
According to the association, the $10,000 donation was made on behalf of its 11 member associations across Canada.
“Insurance brokers have a long and proud tradition of supporting people and communities through difficult times,” said IBAC president Robyn Young. “The heartbreaking situation in Ukraine has spurred an outpouring of concern and compassion and naturally, brokers want to help.”
In a release, IBAC stated that the Russo-Ukrainian war will have a lasting impact on Ukraine and its neighbors, even long after the conflict has ended. Millions of Ukrainians have fled their country, and require support. The association said that it stands in solidarity with the rest of Canada and the international community to provide financial assistance to support humanitarian relief efforts aimed at helping those displaced by the war.
“The Russian military invasion of Ukraine is troubling from so many perspectives,” said IBAC CEO Peter Braid. “We are doing our part to support the global response and help the people of Ukraine who are facing unbelievable challenges and uncertainty.
Individual brokerages and several carriers have also donated to the Red Cross’ humanitarian initiative in Ukraine. Earlier this month, the Westland Insurance Group made a $100,000 donation. The carriers The Co-operators, Desjardins Group, Gore Mutual, iA Financial, Intact Financial, and Sun Life have also made donations to the cause.
