Celebrating the Impact of the Community Underwriting Grants Program
Community Underwriting, an award-winning underwriting agency, continues to demonstrate its commitment to giving back to the Not for Profit Sector. With a unique business model and insurance security provided by Berkley Insurance Australia (BIA), Community Underwriting has been able to support numerous charity organisations through its annual grants program. In 2022, the Community Underwriting Grants Program was able to allocate 46 grants, thanks to the support of brokers and business growth.
As a proud partner, BIA would like to highlight Community Underwriting’s commitment to giving back, the variety of projects funded by the grants program, and the lasting impact these grants have on the community.
A Commitment to Giving Back
Under the leadership of Executive Director Graeme Berwick, Community Underwriting donates 70% of its annual surplus to eligible Not for Profit (NFP) shareholders. In addition, Community Underwriting sets aside 5% of its annual surplus for a small grants pool, enabling smaller organisations that cannot become shareholders to apply for project-specific funding. Since its inception in 2014, the grants program has awarded a total of 198 grants, amounting to nearly $500,000, with contributions from insurer partners.
The 2022 Community Underwriting Grants Program Recipients
The 2022 small grants program allocated 46 grants, supporting a diverse range of projects that positively impact various communities. Some of the noteworthy projects funded this year include:
- Care kits for children entering foster care, providing essential items to ease the transition.
- Workshops designed to empower African-Australian women, addressing challenges they face in securing employment.
- A wheelchair-accessible nature playground, promoting inclusivity in outdoor play.
- An outdoor bush tucker garden, facilitating indigenous teaching practices.
- A 3D ultrasound bladder scanner for community-based nursing staff, enhancing healthcare services.
- Baby quilts for parents grieving the loss of a baby through stillbirth or neonatal death, offering comfort and support.
Other funded projects focus on providing resources for children with disabilities, promoting mental health and well-being, conserving historical artwork, and establishing spaces for individuals with disabilities to develop valuable life skills.
Focused on Giving Back
The 2022 Community Underwriting Grants Program demonstrates the power of giving back to the community and the long-lasting impact that small grants can have on various projects. By allocating funds to a diverse range of organisations and initiatives, Community Underwriting continues to uphold its commitment to supporting the Not for Profit Sector. As the program grows and evolves, it will undoubtedly continue to leave a positive mark on communities across Australia.
Related Articles
Community Underwriting Grant Recipients 2020
Important Notice
Berkley Insurance Company (limited company incorporated in Delaware, USA) ABN 53 126 559 706 t/as Berkley Insurance Australia is an APRA authorised general insurer. Information provided is general only, intended for brokers and has been prepared without taking into account any person’s particular objectives, financial situation or needs. Insurance cover is subject to terms, conditions, limits, and exclusions. When making a decision to buy or continue to hold a financial product, you should review the relevant Policy Wording.
Share this post on
Employment Practices Liability Trends
Berkley Insurance Australia Wins Specialist Insurer of the Year Award for Third Consecutive Year