Everyday spending, extraordinary goodness.
Premiums4Good is a smart new initiative from QBE. It invests a percentage of everyday insurance spending typically in areas creating positive environmental or social change. It's a simple way to benefit those who need it most, at no additional cost to you or your customer.
QBE is delighted to offer Premiums4Good to its financial institution partners. We're looking forward to making the initiative available through other distribution channels soon.
To include Premiums4Good to your offering, simply contact your QBE Partnership Manager.
How does Premiums4Good work?
Once you've registered, Premiums4Good works automatically across QBE home, car and landlords insurance products. Then, we'll invest 25% of the net premiums your customer pays in investments with additional social or environmental impacts.
All the risk is managed on our end, so it won't change the cost of the policy, or affect your commission. We invest the portion of premiums we collect until we need the funds to pay claims.
How will this affect my sales?
Premiums4Good is a risk-free offering for you and your customers. In fact, it's an ideal offering for a growing number of conscientious, future-focused Australians.
We want you to have all the information you need to help educate your team and customers, so additional sales and promotional collateral is available from your QBE Partnership Manager.
What are the investments?
Together, we'll benefit a diverse range of projects, including social impact and green bonds, developing renewable energy resources, and providing water and energy to remote communities.
Social Impact Investments represent a growing investment opportunity that provides funding for initiatives with observable social benefits.
For example, in social impact bonds, these may include:
- reducing homelessness
- improving chances for children in foster care
- improving school performance of children from ‘at risk’ households.
Green Bonds mean an investment into projects with environmental benefits such as renewable energy, waste management and water conservation.
As part of Premiums4Good, QBE ensures a transparent process with comprehensive annual reporting of its investments. Find out more.
Thank you for being part of the of our Premiums4Good initiative.