QBE announces grant to Boston nonprofit organization

Thursday, July 12, 2012

(New York, N.Y.) - QBE has awarded a $5,000 grant to Southwest Boston Community Development Corp., a nonprofit organization based in Boston's Hyde Park and Roslindale neighborhoods.

According to QBE President and Chief Executive Officer John Rumpler, the grant is being given to further the QBE Foundation's mission of supporting vocational opportunities and helping people live more independently, successfully and productively. "Without the assistance of this fantastic organization, people may not be able to make strides toward helping themselves," he said. "We are delighted our foundation grant will make a positive impact."

Southwest Boston Community Development provides a variety of services, including developing affordable housing for low- and moderate-income people and strengthening neighborhoods' commercial bases. The QBE grant is earmarked for the organization's "Green Team," which employs neighborhood youth while building concrete transferable skills such as landscaping, community outreach and public speaking. The program also promotes job readiness through work on areas including resume development, interviewing skills and basic financial education. The Green Team program provides environmental education and exposure to academic and career opportunities in environmental sustainability, and promotes stewardship of local urban wilds and wetlands.

QBE North America is part of QBE Insurance Group Limited, one of the top 20 insurers and reinsurers worldwide. QBE Insurance Group's 2011 results can be found at www.qbeamericas.com. Headquartered in Sydney, Australia, QBE operates out of 52 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business through its property and casualty insurance subsidiaries. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's.