QBE presents Habitat for Humanity with $100,000 grant

Tuesday, December 20, 2011

(New York, N.Y.) - The QBE Divisional Foundation has awarded a $100,000 grant to Paterson Habitat for Humanity to build a home in Paterson, N.J., for a family in need.

According to QBE President and Chief Executive Officer John Rumpler, Habitat for Humanity provides services that fit well with the foundation mission. The foundation is dedicated to supporting vocational opportunities around the world through organizations that help people live more independently, successfully and productively.

"Homeownership is out of reach for many hard-working people," he said. "We are delighted our grant will help new homeowners make strides toward helping themselves." 

Habitat for Humanity builds, renovates and sells houses to low-income families. Churches, community groups, volunteers and the homeowners work together to make decent, affordable housing a reality. Paterson Habitat for Humanity Executive Director Barbara Dunn says the foundation grant will support most of the home's construction costs. "This is a wonderful gift," she said. "QBE employees also will have a chance to work alongside the homeowners to help build a dream for a family that's been desperately waiting for a home."

Habitat for Humanity is one of 10 charities receiving grants from QBE in 2011. More than 200 charities providing vocational services in QBE's local communities were nominated and voted on by employees in 143 offices across the country.

QBE Insurance Group Limited is one of the top 25 insurers and reinsurers worldwide. Headquartered in Sydney, Australia, QBE operates out of 49 countries around the globe, with a presence in every key insurance market. The Americas Division, headquartered in New York, conducts business through various property and casualty insurance subsidiaries in 10 countries. QBE's Americas Division produced $5.2 billion in gross written premium in 2010 and an 89.7 percent combined operating ratio. QBE Insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard and Poor's. For more information, visit qbe.com.