Our Industry Responds to Superstorm Sandy

December 14, 2012
By

THURSDAY, DECEMBER 13, 2012
Philadelphia Insurance Companies
and Chairman and CEO Jamie Maguire are partnering with four other Tokio Marine Group companies to donate $195,000 to the American Red Cross to assist with Hurricane Sandy relief efforts.

PHLY and Maguire are each donating $25,000 to the American Red Cross Disaster Relief Fund. This fund enables the Red Cross to provide shelter, food, counseling, and other assistance to victims of disasters. Maguire serves on the Board of Directors of the American Red Cross Southeastern Pennsylvania Chapter.

Tokio Marine Holdings, the parent company of Philadelphia Insurance, is donating $50,000. PHLY’s sister companies in North America are also pledging support. Tokio Marine Management, Inc., based out of New York, is donating $25,000 and will match employee donations. Delaware-based Delphi Financial Group is donating $50,000 and First Insurance Company of Hawaii is donating $10,000 and will match employee contributions up to $5,000.

Maguire will also donate $10,000 from the Maguire Foundation.

The contributions from PHLY, four Tokio Marine Group companies, and the Maguire Foundation total $195,000.

In the aftermath of Superstorm Sandy, insurance carrier Westfield Insurance is supporting American Red Cross disaster relief efforts with a $20,000 donation to national efforts as well as a $5,000 donation to the Northeast Ohio region.

THURSDAY, DECEMBER 6, 2012
Kemper
made charitable donations totaling $25,000 to The Salvation Army and American Red Cross to assist those affected by Superstorm Sandy. Kemper will also match employee donations to these organizations.

W. R. Berkley Corporation its employees, and the Berkley Family contributed in excess of a half a million dollars to the victims of Superstorm/Hurricane Sandy.The donations supported nonprofit organizations in affected areas that have  committed to using these funds only to assist the victims of Sandy.

TUESDAY, DECEMBER 4, 2012
Munich Re
has announced it will donate $200,000 to the American Red Cross in support of Hurricane Sandy relief efforts.

FRIDAY, NOVEMBER 30, 2012
Tower Group Companies, founded in New York City, saw many producers, policyholders and employees affected by Sandy. In providing relief to the most severely affected employees, Tower raised donations internally and supplemented the fund, granting nearly $40k to those employees. Externally, Tower is donating an additional $60k to the following local charities in New York, Long Island and New Jersey: robinhood.org; mccormickfoundation.org; sandynjrelieffund.org.

Liberty Mutual
will contribute up to half a million dollars to the American National Red Cross on behalf of Hurricane Sandy relief efforts. They will donate $250,000 immediately; additionally, they will offer a dollar-for-dollar match, up to $250,000, on any employee donations toward all Hurricane Sandy relief efforts.

TUESDAY, NOVEMBER 27, 2012
The need is still great
in those regions devastated by Superstorm Sandy. On-the-ground responders will continue to provide services as long as necessary.

FRIDAY, NOVEMBER 16, 2012
The Nationwide Insurance Foundation announced a $300,000 donation to the American Red Cross Disaster Relief Fund to aid the growing number of families in need.

Marsh & McLennan Companies
will donate up to $500,000 to assist in relief efforts. Direct contributions of $100,000 each will be made to the Mayor’s Fund to Advance New York City, grass-roots recovery efforts in the state of New Jersey and the American Red Cross.

The MetLife Foundation will make a $1 million contribution toward relief and rebuilding efforts, including $500,000 to the American Red Cross and $500,000 to support long-term recovery needs.

THURSDAY, NOVEMBER 15, 2012
Aspen Insurance Holdings Limited
(Aspen) made a donation of $100,000 to the American Red Cross to support the Hurricane Sandy relief efforts.

TUESDAY, NOVEMBER 13, 2012
Applied Systems
, together with it employees, have donated $25,000 to the American Red Cross benefiting Hurricane Sandy victims.

Deloitte contributed $280,000 to the east coast recovery efforts.

Macquarie Capital: In response to the groundswell of goodwill, the Macquarie Group Foundation and senior leadership have established several opportunities for staff to contribute to relief efforts:  The Macquarie Hurricane Relief Fund will benefit the ongoing volunteer efforts coordinated by long-time partner, New York Cares.  All donations made to this fund will be automatically matched by the Macquarie Group Foundation.  They are helping New York Cares with their Annual New York Cares Coat Drive early this year.  Coats collected in the next several weeks will be distributed immediately to New Yorkers affected by Hurricane Sandy.

FRIDAY, NOVEMBER 9, 2012
CNA
is supporting the Red Cross matching employee gifts to multiple relief organizations up to $5,000 each. CNA is also working with NY Cares on holiday giving geared toward those affected by Sandy.

THURSDAY, NOVEMBER 8, 2012
Chubb
has established a $1,000,000 fund for relief efforts related to Hurricane/Tropical Storm Sandy. Of that amount, the company will contribute $500,000 to the American Red Cross for disaster relief. In addition, it will match on a two-for-one basis, up to $500,000, contributions made by employees worldwide to any disaster relief organization that is a qualified U.S. 501 (c)

Aon contributes an annual grant of $500,000 to the American Red Cross, which helps ensure resources for major disasters like Sandy are available to the communities who need them. Aon offers a matching gift program for full-time Aon colleagues.

Wells Fargo will donate $1 million for relief efforts in the wake of Hurricane Sandy. A portion of the funds, $250,000, will go to the American Red Cross Disaster Relief Fund to support relief efforts the agency is directing throughout impacted areas in the region. The remaining $750,000 will go to support nonprofits conducting grassroots relief and recovery efforts in affected areas.

WEDNESDAY, NOVEMBER 7, 2012
The Travelers Companies, Inc. today announced that the company will donate $800,000 to disaster relief efforts in the New York tri-state area in the aftermath of Storm Sandy.

Travelers will contribute $200,000 to each of the following organizations: the Mayor’s Fund to Advance New York City, American Red Cross on Long Island, Hurricane Sandy New Jersey Relief Fund and the American Red Cross of Connecticut.

“In keeping with Travelers’ tradition of supporting communities in times of need, we will make contributions to provide emergency services for victims of the storm,” said Jay Fishman, Chairman and Chief Executive Officer of Travelers. “Our hearts go out to the millions of Americans impacted by this weather event, and we will continue to do our part to help people get through this difficult time.”

The ACE Charitable Foundation has made a donation of $250,000 to the American Red Cross to support disaster relief efforts in the aftermath of Superstorm Sandy that impacted the East Coast of the United States. In addition, the Foundation has organized a campaign for donations from ACE’s U.S. employees that it will match 100 percent.

The QBE Foundation announced it will donate $50,000 to the American Red Cross to benefit Hurricane Sandy relief efforts in New York, New Jersey and Connecticut.

Nationwide
sent humanitarian relief teams to New York and Pennsylvania last week to provide aid to Sandy victims. The teams provided much needed water, antibacterial wipes, personal hygiene items and other goods.

MONDAY, NOVEMBER 5, 2012
Swiss Re is donating USD $200,000 towards relief efforts by the American Red Cross in the wake of Hurricane Sandy, and staff philanthropy committees in its more than 20 locations throughout the US are also organizing relief collections. A major supporter of the International Red Cross, Swiss Re’s Americas headquarters are in Armonk, in New York’s Westchester County and has sizable operations in New York City.

THURSDAY, NOVEMBER 1, 2012
The Hartford
announced a $250,000 contribution to the American Red Cross disaster relief efforts in support of those affected by Storm Sandy.“Our thoughts and prayers are with those who have been affected by Storm Sandy, and the many who continue to be in harm’s way,” said Liam E. McGee, The Hartford’s chairman, president and chief executive officer. “On behalf of my teammates at The Hartford, we thank the emergency personnel and volunteers who are engaged in the public service of responding to this storm and hope for a quick recovery.””Hurricane Sandy’s path of destruction stretches hundreds of miles and has impacted millions of people, and this will be one of the biggest Red Cross relief operations in the past five years,” said Gail McGovern, president and CEO of the Red Cross. “We are so grateful for the generosity of The Hartford in support of our work.
Courtesy of the Claim Journal: www.claimsjournal.com

State Farm provides an annual donation of $1 million to the American Red Cross to be used for disasters within the calendar year. The company has also committed up to $250,000 in additional aid to non-profit organizations in the impacted regions due to Sandy.
Courtesy of the Claim Journal: www.claimsjournal.com

Fireman’s Fund is matching employee donations to the American Red Cross up to $10,000. In addition, they are encouraging their offices to hold blood drives to help address the national blood supply shortfall created by Sandy. They will be talking with local fire departments in the coming weeks to determine what needs they may have in the aftermath of the storm.

Massachusetts Mutual Life Insurance Company (MassMutual) today announced it will donate $100,000 to the American Red Cross Disaster Relief Fund in response to the devastating impacts of Hurricane Sandy.

TUESDAY, OCTOBER 30, 2012
Farmers Insurance
is encouraging employees to donate blood to make up for the 3,200 shortfall, due to cancelled blood drives in the region. Farmers will also match employee an agent donations to the American Red Cross up to $10,000.

Zurich, NA  is making a $50,000 donation to the American Red Cross for disaster relief related to Sandy. Zurich employees can make an immediate one-time donation via payroll deduction to the American Red Cross or Canadian Red Cross and Zurich will match the donations from $1 up to $500. Zurich is also encouraging employees to volunteer where possible.

 


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