ICMIF member IPB Insurance (Ireland) has announced plans to invest EUR 3 million in social initiatives for the period 2024 to 2026. The funding is drawn from the company’s Corporate Social Engagement (CSE) Fund which supports initiatives for social benefit. The company commenced its Corporate Social Engagement Fund in 2012 on behalf of its members.
The announcement about the Fund covers three areas of focus for investment. The Fund will involve the investment of EUR 150,000 in using football as a tool for social inclusion through the renewal of its partnership with the Football Association of Ireland (FAI) Late Night Leagues in association with An Garda Siochana, Ireland’s National Police and Security Service.
Additionally, a EUR 200,000 commitment to promote music education secures the extension of the already successful Education And Training Board (ETB) Music Instrument Fund in partnership with Music Generation, a national partnership programme whose mission is to create inspiring experiences for children and young people through music.
The third area of focus will see a major investment in Active Travel safety and education in partnership and consultation with the Department of Transport and will include engagement with key stakeholders in the delivery of Active Travel infrastructure, road safety and sustainable travel. IPB and the Department of Transport have signed a Memorandum of Understanding (MOU) to develop a funding programme to support initiatives that promote safety, particularly for school children.
Announcing the details of the Fund, John Kearns (pictured above, far right), CEO of IPB Insurance said, “As a mutual whose members serve the public and their communities, we are committed to playing our part in partnership with our members to build a better Ireland. I am pleased to announce a EUR 3 million investment in social engagement initiatives across education, sport and active travel that is strategically aligned with our members in addressing social needs within their communities.”
IPB Chair, John Hogan (pictured above, far left) said, “At our core is our mutual ethos, which is about working together with our Local Authority and ETB members to protect their insurable interests in support of their objectives, namely, to serve the needs of the public and wider communities. At IPB we believe in contributing to wider society and playing an active role in creating better communities and helping to address social needs. Our members are immersed in society providing vital services therefore our approach is closely aligned to their aspirations.
“The EUR 3 million announced today will impact communities in every local authority area across the country. I want to thank our Members for their support and all our partners involved in these initiatives for their commitment and energy to make a meaningful difference to the issues being addressed.”
The event was also attended by representatives from CSE Fund programme partners and related stakeholders including local authority and ETB representatives, the FAI, Music Generation, the Road Safety Authority and An Taisce.
