IPB INSURANCE INVESTS €3M IN SOCIAL ENGAGEMENT FUND

Nov 17, 2023 | Nationwide News

IPB Insurance is set to invest €3m to support community, sport, education and social enterprise initiatives across the country over the next three years. The multi-million investment will include plans in Active Travel Safety to enhance school safety programmes in the public realm over the coming years.

The Irish mutual insurer’s €3m social engagement fund forms part of IPB’s Corporate Social Engagement (CSE) Fund, which supports initiatives for social benefit. It will see investment across every local authority area in the country,

IPB Insurance rolled out its CSE Fund in 2012 on behalf of its members and, to date, has allocated €13m in support of a range of social community initiatives across the country.

The latest funding programme will focus on three main areas for investment. Over €150,000 will be invested in using football as a tool for social inclusion through the renewal of its partnership with the FAI Late Night Leagues in association with An Garda Siochana.

The provision of an extra l €200,000 to promote music education will see an extension of the Education Training Board (ETB) Music Instrument Fund in partnership with Music Generation. The third area will target €2.25m towards in Active Travel safety and education in partnership with the Department of Transport and key stakeholder agencies. IPB and the Department are now in collaboration to develop a funding programme to support and promote safety initiatives, particularly for school children.

John Kearns, 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. The €3 million investment in social engagement initiatives is strategically aligned with our members in addressing social needs within their communities.”

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