Winner of ‘Giving it back to charity’ by
Insurance Times Customer Service Excellence Awards 2018.
We are proud to have won the Insurance Times Customer Service Excellence award 2018 for ‘Giving it back to charity’.
Ninety has a passion for innovation in the insurance industry, an industry that we fundamentally believe is a force for good. Underlying this, another key driver for the business is to turn our profits into positive impacts around the world. 90% of our distributable profits go towards charitable and social causes in the Third World. We follow a policy of effective altruism, aiming to invest in projects that will create maximum impact. To date, Ninety has funded projects that include: tech education for girls in Nairobi, water purification projects, sanitary care for women and the transfer of expired UK textbooks to Africa.
Impact so far
In the last couple of years (based on the average cost of interventions from each cause), Ninety’s
social impact outcomes are starting to build in scale and the following has been achieved:
– 40,000 children and young people in Africa with educational textbooks
– 22,000 people in isolated rural communities with a year’s access to clean water
– 10,000 children in East Africa given life-saving health education and services
– 180 global micro-entrepreneurs in developing countries given start-up capital loans
– 5.4m UK companies’ social contributions potentially influenced through Westminster
policy thinktank research
This is just the beginning, Ninety has an ambitious agenda with a number of milestones
along the way. The first of which is to give £1 million a year by 2020 to social projects,
following that, we hope to raise that figure to £1 billion – making a real difference to tens
of thousands of the world’s poorest people.
It’s great to be able to make a difference, but the truth is this, our charitable outcomes
are only achievable in partnership! Partnership with clients, staff, partners, and with the
front-line organisations that we invest in. We are hugely grateful for the role that
everyone has played in making these outcomes happen and share this award with them.