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Hiscox Re & ILS employees raise $10,500 in charity fundraising ride9th May 2023
Employees of Hiscox Re & ILS, the reinsurance and insurance linked securities arm of the specialist global insurer Hiscox, completed a charity walk, run, and ride, raising more than $10,500 for Bermuda charities and the British Red Cross’ Turkey-Syria Earthquake appeal.
Conceived as a team building a fundraising event, the inaugural ride dubbed ‘Hiscox Re-Cycle’, saw Hiscox Re & ILS’ Hamilton-based employees complete the 62-mile loop of the island by bicycle. London-based employees completed a 58-mile bicycle ride from the capital to Brighton Beach on the south coast of England. Employees were also invited to participate in the event through a variety of individual runs, walks, and rides. In all, more than 30 employees joined the effort, raising funds which were matched by the Hiscox Foundation. The Bermuda-based charities supported by the fundraiser are the Bermuda Cancer and Health Centre and the Bermuda Paralympic Association.
Commenting on the event, Kathleen Reardon, CEO of Hiscox Re & ILS, said “I am very proud of my team for their commitment to our communities. The charity event reflects Hiscox Re & ILS’ vision, which is ‘one team, unlocking capital, embracing risk’.”