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Lloyd’s donates to 197 charities worldwide

Lloyd’s says it has donated £12 million ($21.88 million) to 197 charities worldwide since March.

The London-based market has also provided 20,000 face masks and more than 10,000 meals to 17 front-line charities and hospitals in the UK, as well as encouraging employees to volunteer.

In March Lloyd’s committed to a £15 million ($27.34 million) package of support for charitable organisations responding to the COVID-19 pandemic.

CEO John Neal says Lloyd’s was “humbled” to support charities as they face extreme financial constraints during a time where demand for their services continue to rise.

“If you ask a charity what they need right now, it is unrestricted emergency funding to ensure their organisation can not only survive, but crucially continue to provide vital services to communities around the world,” he said.

The charities are:

  • £5 million ($9.12 million) to The Association of British Insurers COVID-19 Support Fund, benefiting the National Emergencies Trust supporting UK charities impacted by the pandemic.
  • £3 million ($5.47 million) to 114 charities nominated by Lloyd’s colleagues across the globe.
  • £2 million ($3.65 million) to existing charity partners and organisations best placed to respond to the impact of the pandemic including the Trussell Trust, Centrepoint and The Mental Health Foundation.
  • £1 million ($1.82 million) to 37 projects supported by Lloyd’s global offices.
  • £1 million ($1.82 million) additional donation for the Lloyd’s Market Charity Awards to celebrate the efforts of individuals working in the Lloyd’s market.