Towergate launches grant fund

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BURY St Edmunds- based broker Towergate Insurance has announced a new military charities grant fund to support the veteran community.

The £50,000 fund will support specific projects from a range of UK registered military charities that can clearly demonstrate a need to provide effective and sustained change to members of the veteran community in crisis.

Emphasis for support will be placed on military charities that focus on social exclusion, family breakdown, poverty, mental health and addictions.

Paul Whittaker, CEO of Towergate Insurance, said: “As a company, we believe it’s our moral responsibility to help the brave men and women who have sacrificed so much for our country. So we are fully committed to supporting both military personnel and their families through providing grants for those military charities, which can make a real difference to people’s lives.”

During the past few years, through its charitable foundation, Towergate has raised more than £5 million for good causes, including seven specific charities which support military personnel and their families.

Last month saw the launch of the Towergate Accumulator Challenge, also known as The Fifty Quid Challenge, in which local businesses compete for the highest return on their investment, £50 given by Mr Whittaker.

The challenge takes place over three and a half months and all of the proceeds go to St Nicholas Hospice Care, in Bury.

Earlier this month, at the British Insurance Awards, Towergate received the Investing in the Profession Award for successfully championing the development of professionalism and the spread of best practice across its business.