Allianz Insurance has hit the £500,000 fundraising mark for leading mental health charity Mind, just 18 months since the partnership began.
Employees have taken on a range of fundraising activities this year, despite the challenges of the lockdown due to Covid-19.
Activities have included the Stronger Together campaign where colleagues covered a distance of 140,785km from May to June to raise £30,000.
Allianz director of broker markets, Nick Hobbs recently took on the challenge of a sponsored 24 hour kayak. He travelled 152 KM along the River Thames raising £2230 in donations, which Allianz then matched to bring the total to £4460.
More than 1000 employees recently raised funds and boosted their own wellbeing by taking part in a virtual exercise class, hosted by world leading health and wellbeing coach, Mr Motivator. Allianz also hosted a ‘Donate Your Commute’ day, where employees raised over £1000 for Mind by donating some or all of the money they had saved on travel that day by working from home.
Mind’s work is needed more than ever and the money raised by the employees at Allianz will help support those in need through services such as Mind’s Infoline which provides confidential information and advice, and the online peer-support group Elefriends.
Paul Farmer, chief executive of Mind, said: “We are so grateful to Allianz for raising an incredible £500,000. Their support is helping us to be there for everyone affected by a mental health problem.
“The pandemic has had a devastating effect on the nation’s mental health, especially for those of us with existing mental health problems, and it is vital that everyone has access to the right
support, advice and information when they need it. The funding from this partnership with Allianz will enable us to continue to offer crucial support services so that no one has to face their mental health problem alone, particularly during these unbelievably difficult times.”
Carolyn Rich, head of brand marketing and social responsibility, Allianz Insurance, said:
“I’m delighted that we are now halfway towards our £1m target for Mind. The enthusiasm and dedication of our employees to continue their fundraising efforts throughout these challenging times has been really incredible.
“Our charity partnership with Mind is so important to Allianz as it supports our strategy to strengthen resilience and expand on the existing mental wellbeing support we have in place for our people. I’m really looking forward to all of the exciting fundraising activities we have in the pipeline to help us reach £1m.”
Notes to Editors
About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain.
The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million retail and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 740 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage almost 1.6 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2019, over 147,000 employees achieved total revenues of 142 billion euros and an operating profit of 11.9 billion euros for the group.
These assessments are, as always, subject to the disclaimer provided below.
Cautionary note regarding forward-looking statements
This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.
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