On April 24, 2025, in Los Angeles, the Insurance Industry Charitable Foundation (IICF) brought together an impressive cohort of industry leaders for the 2025 IICF Philanthropic Roundtable — a flagship event celebrating the power of giving back. With representatives from twenty-six of the world’s top insurance organizations in attendance, the event served as a dynamic platform for sharing strategies, insights, and results from philanthropic and volunteer initiatives across the globe.
Launch of the 2024 IICF Philanthropic Showcase
A major highlight of the day was the release of the 2024 IICF Philanthropic Showcase, a comprehensive retrospective of the industry’s charitable impact. This annual report details innovative programs, global volunteerism, and community leadership spearheaded by IICF Key Partner Companies.
Stories of Impact From Industry Leaders
Several insurance companies presented their standout initiatives from 2024:
- AIG reported over 43,000 volunteer hours, with 2,500 employees participating in its Global Volunteer Month across 35 countries.
- AXA XL shared its “Skills for Good” program, spotlighting strategic volunteer partnerships with United Way and Plan India.
- Burns & Wilcox / H.W. Kaufman Group highlighted employee-driven programs like care package campaigns for military personnel and internal relief funds.
- Crum & Forster showcased its commitment to educational equity and career readiness through partnerships with HISPA and multiple universities.
- Falvey Insurance Group emphasized local community support in Rhode Island and promoted its InsHER podcast, celebrating women in insurance.
- Marsh McLennan logged a record 65,000 volunteer hours across 58 countries through 575 events, supporting diverse causes including autism awareness and veteran homelessness.
- Munich Reinsurance America expanded Employee Resource Groups and focused on social impact themes like food security and disaster relief.
- Verisk prioritized global resilience with support for Team Rubicon and the Red Cross, while also investing in future industry talent.
- WBN reported $11.5 million in contributions and 23,000 volunteer hours across 18 countries, making philanthropy a key part of its global conferences.
Collaborative Momentum and Future Focus
Bill Ross, CEO of IICF, praised the creative and collaborative spirit within the industry. He noted, “The IICF Roundtable reminds us how each one of us can make an important impact through our industry and in our local communities.”
The event also spotlighted several key IICF initiatives for 2025:
- The IICF Global Conference in New York City, June 10–11, with sessions centered on innovation, leadership, and talent strategies.
- The Launch of IICF Canada, extending the foundation’s reach and engagement in North America.
- The IICF Philanthropic Index, revealing that in 2023, over $1.3 billion was donated and 500,000 professionals volunteered — a powerful testament to the industry’s collective impact.
A Legacy of Purpose
Since 1994, IICF has helped raise $50 million in community grants and logged over 355,000 volunteer hours. With a mission to unite the insurance sector in service of communities, the IICF remains a vital catalyst for change, proving once again that the business of insurance goes far beyond risk mitigation; it’s also about enriching lives.
For more information on the IICF and its initiatives, visit www.iicf.org or follow the Foundation on LinkedIn and Instagram.
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