Hiscox Re employees raise $10,500 in charity fundraising ride

Employees of Hiscox Re, 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’ 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, said “I am very proud of my team for their commitment to our communities. The charity event reflects Hiscox Re’ vision, which is ‘one team, unlocking capital, embracing risk’.”