Underwriter gives $107,000 to Covid-19 fund – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password
BERMUDA | RSS PODCAST

Underwriter gives $107,000 to Covid-19 fund

An international insurance underwriter and its staff have donated more than $100,000 to Covid-19 relief in Bermuda.

Argo Group International announced today that its Argo Foundation had agreed to donate $25,000 to the Covid-19 Emergency Fund.

The donation came after staff at the company had donated about $35,000 of their own cash, which was matched at almost 150 per cent by the Argo Group.

The cash totalled $107,875.

William Wharton, the chairman of the Argo Foundation, said: “We recognise the critical needs that have arisen during the Covid-19 crisis.

He added: “We will continue to support other local charities as the future still remains quite uncertain. As a company, we look forward to doing our part to ensure Bermuda's future.”

Ryan Mather, the global head of reinsurance at the company, said: “Argo Group has a culture of giving that extends to our employees.

“Many have generously donated personal funds to support the Emergency Fund.

“By utilising the Argo Group charitable matching programme, we have worked together to create a bigger impact than any of us could do alone.”

He added: “We care deeply about how this crisis is affecting the community and want to do what we can to support our community.”

You must be Registered or to post comment or to vote.

Published April 28, 2020 at 2:17 pm (Updated April 28, 2020 at 2:53 pm)

Underwriter gives $107,000 to Covid-19 fund

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon