The culture of the insurance industry and raising money for charity go hand in hand

While it might not always make headlines, the insurance industry is well known for its fundraising and community involvement efforts. In 2017, the Insurance Industry Charitable Foundation’s (IICF) Week of Giving involved almost 10,200 industry volunteers in 173 cities, who donated more than 28,800 hours of services to non-profits and community organizations in the United States and United Kingdom. Within their four walls, insurance organizations are also putting on their own fundraising events. At its national sales meeting, managing general agent, underwriting manager, and wholesale insurance broker Risk Placement Services (RPS) wanted to make a positive impact on the communities that host its teams during the three day-long event. Since it kicked off back in 2017, RPS’s national fundraising challenge has netted thousands of dollars for charity. In 2017, the company raised $60,000 for Ronald McDonald House of South Carolina, and, in 2018, $70,000 was raised for Roots of Music in New Orleans. This paid for a full year of rent for the organization’s new building, and all new musical instruments for its students.