Community Underwriting has announced the successful conclusion of its Small Grants Program for 2023.
Following its distinctive business model, the company designates 5% of its annual surplus to clients who renew their insurance. Collaborating with insurer partners Berkley Insurance Australia and Mitsui Sumitomo Insurance Company, these additional contributions enable a broader response to various projects each year.
In its 10th year, the program has contributed to 52 projects across the sector, surpassing the 46 projects assisted in 2022.
The 2023 program has supported initiatives spanning diverse areas, including:
Other contributions include much-needed defibrillators, replacement fridges, essential equipment, health information resources, enhanced signage, sensory gardens, art installations, and community and family events.
Community Underwriting's annual donations to NFP shareholders and the Small Grants Program reflect its commitment to reinvesting clients' insurance dollars back into the sector.
Since its inception in 2014, the company has donated over $8.9 million to clients or shareholders in the not-for-profit sector.