Industry response to the Covid-19 crisis:
Working to support customers, communities and charities
Throughout the pandemic, insurance and long-term savings firms have helped vulnerable customers, provided funding and practical assistance to charities and communities, and supported the NHS and the UK’s volunteer army.
The Covid-19 Support Fund
The industry has launched a Covid-19 Support Fund to help support some of the people hardest hit by the Covid-19 crisis. It comprises charitable contributions from firms right across the sector and operates in partnership with the Charities Aid Foundation, and a network of partners, including the National Emergencies Trust. The Fund has raised over £100million, with £84 million being pledged in voluntary contributions from firms across the insurance and long-term savings sector. Learn more here.
The COVID-19 outbreak is unprecedented in modern times and is a significant challenge to the UK economy and the insurance and long-term savings industry. The sector has worked hard to serve its customers, support its employees and has set up the Covid-19 Support Fund, one of the largest private sector charitable funds.
Helping customers, citizens and charities Insurers response to the Covid-19 crisis. Details this activity.