The UK insurance and long-term savings industry has launched the Covid-19 Support Fund to help support some of the people hardest hit by the Covid-19 crisis.
The Covid-19 Support Fund aims to raise £100 million, with £82.6 million already having been pledged in voluntary contributions from firms within the sector. The Fund will work in partnership with the Charities Aid Foundation, and a network of partners, including the National Emergencies Trust.
The key aim is to provide immediate relief to charities affected by Covid-19, as well as a longer-term programme of support for people, communities, and issues where there is the greatest need, including:
Community based charities that are under unprecedented strain
Charities supporting the most vulnerable – in particular, families and children living in poverty and older people in isolation
Initiatives to promote wellbeing and mental health across society
Of the donations pledged so far, £20 million is going to The National Emergencies Trust to help them continue their vital work supporting community-based charities on the frontline tackling the Coronavirus crisis.
The Covid-19 Support Fund is supported by members of the Association of British Insurers (ABI), British Insurance Brokers' Association (BIBA), Lloyd's, and The London Market Group (LMG).Read more
Read the latest news from the Covid-19 Support Fund hereRead more
Learn more about our charity partners hereRead more