Zurich Insurance makes a contribution to build sustainable communities
Schaumburg, Ill., May 23, 2016
Grants announced for 126 nonprofits throughout the country
Zurich Insurance, a global leader in managing risk, today announced it is awarding a total of $744,250 to 126 nonprofit organizations throughout the U.S. Zurich announced the recipients of its grant program in North America today to kick off its fifth annual Global Community Week, a weeklong celebration of Zurich’s commitment to making a sustainable difference in local communities with 46 Zurich offices around the world participating this year.
“Our grants program in North America helps nonprofits make tangible changes in the communities where we live and work,” said Mike Foley, North America Commercial CEO and Regional Chairman of North America for Zurich Insurance. “Global Community Week is our way to acknowledge and celebrate the time and resources our employees contribute to their local communities.”
Zurich North America reviews grants annually for non-sectarian 501(c)(3) charities that have a mission that aligns with Zurich’s three focus areas for Community Investment: 1) health and welfare of children in need, 2) community resilience, and 3) health, as well as meet the following criteria:
- Employee involvement in the nonprofit
- Alignment to Zurich’s mission
- Proximity to Zurich offices
- Low administrative cost ratio
- Commitment to diversity and inclusion
In 2015, nearly one-third or approximately 18,000 Zurich employees around the world volunteered over 31,000 business hours in activities during Global Community Week. In North America, 2,100 employees logged 7,100 hours of volunteering time, illustrating Zurich in North America’s collective commitment to helping build sustainable communities around the globe.
View a map showing the number of nonprofits and total dollars awarded by region below. For more information about Zurich’s Global Community Week, go to https://www.zurich.com.sg/en/about-us/corporate-social-responsibility
Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of general insurance and life insurance products and services. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, including multinational corporations, in more than 170 countries. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.In North America, Zurich is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors through the individual member companies of Zurich in North America, including Zurich American Insurance Company. Life insurance and disability coverage issued in the United States in all states except New York is issued by Zurich American Life Insurance Company, an Illinois domestic life insurance company. In New York, life insurance and disability coverage is issued by Zurich American Life Insurance Company of New York, a New York domestic life insurance company. For more information about the products and services it offers and people Zurich employs around the world go to www.zurichna.com. 2012 marked Zurich's 100-year anniversary of insuring America and the success of its customers, shareholders and employees.