10th Annual IICF Northeast Charitable Gala in New York Raises Record $1.4M

The Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities and enrich lives, had more than 900 insurance professionals attend its 10th annual Northeast Benefit Dinner at New York City’s Waldorf Astoria Hotel on December 14.

While celebrating the insurance industry’s commitment to philanthropy and community, more than $1.4 million – a record amount for the Foundation’s New York gala event – was raised to support grants benefiting nonprofits located throughout the Northeastern U.S.

The event featured appearances and speeches by several celebrities, including Emmy award-winning journalist Norah O’Donnell, two-time Super Bowl winning National Football League head coach Tom Coughlin and six-time Major League Baseball all-star Daniel “Rusty” Staub. Each speaker accepted grants on behalf of their respective charitable organizations.

During the dinner, IICF honored Chubb as a philanthropic leader with the 2016 IICF “Double I” Award for influence in the industry and impact in the community. John Keogh, executive vice chairman & chief operating officer, accepted the award on the company’s behalf.

“For 10 years, the IICF Northeast Benefit Dinner has united insurance professionals from all facets of the industry with a common philanthropic goal – to give back to the communities in which we work and live,” said Peter Tucker, IICF Northeast Division Board chair and regional chief operating officer and New York City branch manager at Chubb. Over the past 10 years, the IICF Northeast Division has raised more than $7 million, all for grants benefiting those in the New York tri-state area, he added.

All proceeds from the night’s event will fund the Northeast Division’s Community Grants Program, which provides grants to regional charities that champion causes pertaining to education, at-risk children, the environment and disaster preparedness.

Topics New York Market Funding