Insurer gives away $575,000

Insurer gives away $575,000 | Insurance Business

Insurer gives away $575,000

Home and auto insurance company The Commonwell Mutual Insurance Group, is on the verge of giving away the final donation for 2015 from its $575,000 fund – at almost exactly the same moment that work starts on the 2016 program of donations.

“The money was made in the community, so we share it back with the community,” Communications and Brand Manager Miki Paczek told Insurance Business Canada of the year-round campaign. “It’s our contribution to the community that we live in, work in, and love.”

Contributions from the company via its 2015 C.A.R.E. (Create a Ripple Effect) charitable donations have subsidized various well-known charitable organizations in the Eastern Ontario region.

Last year the company contributed to a variety of local organizations including hospitals, food banks, Big Brothers Big Sisters, youth services, Habitat for Humanity and palliative care; this year The Commonwell is planning to allocate a similar amount to worthy causes.

The Lindsay-based company is also challenging other businesses that operate in Eastern Ontario communities to take action and contribute to local charities.

“Government grants and personal donations are always welcome, but many of these charities work on shoe string budgets and really need larger donations from the business community to keep things going,” said President and CEO of the Commonwell Mutual Insurance Group Tim Shauf. “Our Commonwell staff and brokers live in the communities that they serve, so giving back locally has always been very important to us all.”

Organizations and advocates can apply for a C.A.R.E. grant four times a year by visiting the company’s website.