Cayman: Island Heritage Insurance cancels 2020 CharityDrive

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Cayman: Island Heritage Insurance cancels 2020 CharityDrive

Grand
Cayman, 29 April 2020-
Island
Heritage Insurance Company, Ltd. announced today the decision to
cancel their annual CharityDrive scheduled for the first week in May.

Employees
working remotely, curfew restrictions and social distancing all
contribute to making the way CharityDrive works impossible at this
time. The funds allocated for this year’s CharityDrive have been
repurposed with Island Heritage Insurance pledging $10,000 USD each
to Cayman Islands Meals on Wheels and the Cayman Islands Crisis
Centre.

Island
Heritage Insurance will bring back the popular three day event next
year when the company will celebrate 10 years of giving back to the
Cayman Islands community.

Island
Heritage Insurance started CharityDrive nine years ago as a way for
the community to get involved and actively support local charities
and their causes by driving around the Island Heritage roundabout.
Over the years more than CI $265,000 has been donated to 21 different
local charities.

BACKGROUND

Founded
in 1996 in the Cayman Islands, Island Heritage Insurance Company,
Ltd. (“Island Heritage”) is a leading provider of personal and
commercial insurance, including property, casualty, motor and yacht.
In 2018, the Island Heritage Retirement Trust Company was approved as
a Cayman-registered pension plan provider.

Island
Heritage holds a financial strength rating of “A (Excellent)” by
A.M. Best, along with a proven track record of customer service
excellence throughout the Caribbean. Island Heritage is part of the
BF&M group of companies - like-minded organizations with one goal
in mind: providing insurance the way it should be.

Published April 29, 2020

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