Give More, Add Value
NGIN isn't all about innovation, panel debates and career progression (as much as we love all these things); many of our members are also passionate about giving back to the wider community. Let's be honest, insurance isn't always the most philanthropic job, but that doesn't mean as young professionals we can't use our skills and connections to help others.
Insurance Industry Charitable Foundation
NGIN actively supports The Insurance Industry Charitable Foundation (IICF) which helps communities and enriches lives by combining the collective strengths of the industry to provide grants, volunteer service and leadership.
The charity began in the USA and has now started the first UK branch based in London. They run events for the industry (golf days, quizzes and an annual gala dinner and conference), as well as volunteering opportunities with partner charities, focusing on the Week of Giving in October.
In addition, it is an opportunity to meet people from the industry at all levels of their careers, all whilst giving to a really good cause.
In 2016, the IICF gave nearly £60,000 to six worthy charities running projects all over the UK, all focused on social mobility. They vary from supporting victims of domestic violence to helping young people with their reading or career choices, to football academies and people at risk of going to prison.
Check out upcoming events and other ways to get involved with IICF here.
Help Your Peers
NGIN has a dedicated 'Added Value' team, who organise our industry-wide mentoring scheme. Mentoring is a great way to start helping others, beginning with your peers. Giving up a few hours a month to help someone kick-start their career and feel confident in their new role will really make a difference to both of your lives.
The current scheme has just closed for applications, but keep an eye out for how you can get involved in the next round later this year.
Lloyd's Community Programme
The Need:
39% of children in Tower Hamlets are growing up in poverty - nearly double the national average. 13% of 16-64 year-olds in Tower Hamlets are unemployed.
Financial capability and employability skills are fundamental to improving life chances and achieving economic well-being in the future. Research shows that money habits are generally formed by age 7 and the key period for forming conscious financial behaviours is by age 15, so engaging with financial literacy at an early age is crucial.
We also know that parents and the family environment are the most powerful influence on a young person’s financial behaviour, but that many parents lack confidence in communicating with their children around money.
Abacus is a new Lloyd’s Community Programme financial literacy project engaging both children and their parents in Tower Hamlets.
The Project:
The project is delivered by two organisations working in partnership:
1. Tower Hamlets Educational Business Partnership (THEBP)
2. Quaker Social Action (QSA)
In a series of 6 workshops, children and parents concurrently explore the practical and emotional aspects of managing money, learn about financial products and concepts (including insurance) and engage with the world of work. The workshops are supplemented by two trips to the Bank of England Museum and the Lloyd’s building.
Watch this video to get a flavour of sessions in action.
Using curriculum-linked activities, volunteers will support or deliver 1 or more workshops for 9 & 10 year-olds in Year 5, as well as some joint activities with parents, bringing money and the world of work to life, whilst broadening children’s aspirations.
Sign up:
To register, get in touch with Helene Carpentier de Caro directly.
You can also find out more information on their website.
