SEIB Insurance Brokers reveals 2019 charity fund

“Profits should be used to contribute to the common good”

SEIB Insurance Brokers reveals 2019 charity fund

Non-Profits & Charities

By Terry Gangcuangco

Ecclesiastical Insurance Office Plc’s SEIB Insurance Brokers has allotted £100,000 for the third sector in 2019.

As part of the independent broker’s SEIB Giving programme, which was launched this year, a chosen charity will receive £50,000 while the remaining £50,000 will be granted to other good causes. To determine the main beneficiary, SEIB is asking for nominations from the general public.

There is no minimum size for the charity; turnover, however, is capped at £15 million. SEIB said the charities will have to be UK-registered and the specific projects to be supported based in the UK as well. Nominations will close on November 30.

SEIB clients will have the final vote, based on the shortlist. An SEIB Charity Awards Luncheon will be held on March 22 next year to announce the winning charity and runners-up.       

“We were delighted to be able to hold our first Charity Awards in 2018 and, owing to their success the total amount we have for charity has doubled to £100,000 for 2019,” said chief executive Barry Fehler. “SEIB is so successful because we are totally customer-focused, and this is another way that our clients can have their say.

“SEIB believes that some of their company profits should be used to contribute to the common good. Our company really wants to make a difference – for example, £50,000 could fund a new sensory room at a children’s hospice, a kennel or stable block for an animal charity, or for a homeless charity to purchase more facilities. The choices are endless.”

Recently SEIB employees donated £2,500 to St Luke’s Hospice in Basildon, also following a vote. The grant was made possible by SEIB parent company Ecclesiastical and its “Closer to You” campaign which offers funding to broker-chosen charities.

“Thank you so much to all those at SEIB who voted for St Luke’s – we are truly grateful for this incredible donation,” commented Leanne Kightly of St Luke’s Hospice. “Every penny received goes towards supporting local people, their families and carers within our community. Such donations make a real difference and enable us to provide specialist care when it is needed most.”

SEIB said Ecclesiastical aims to give £100 million to charity by 2020.


Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!