IICF

What IICF does

IICF (Insurance Industry Charitable Foundation) is a 501(c)(3) nonprofit foundation headquartered at 2121 Avenue of the Stars, Suite 800, Los Angeles, established in 1994 as the unified philanthropic vehicle for the U.S. insurance industry. The foundation aggregates charitable giving, volunteer service, diversity-equity-inclusion programming, and disaster relief from more than 600 insurance companies and tens of thousands of insurance professionals, redistributing those resources through grants and volunteer engagement to over 1,000 nonprofit partners. IICF operates a divisional structure covering four U.S. regions (Midwest, Northeast, Southeast, Western) plus international divisions in the UK (launched 2015 from Drapers' Hall, London) and Canada (launched June 2025, the second international division). Over its 30+ year history IICF reports cumulative impact of more than $55 million in community grants and 400,000+ volunteer hours completed, and its inaugural Philanthropic Giving Index benchmarked insurance industry charitable giving at over $1 billion annually.

Rather than a single unified technology product, IICF delivers a portfolio of programs and platforms. Core offerings include the IICF Global Membership program with tiered annual subscriptions (Global Member at $100/year, Executive Member at $250/year, Founding Circle at $1,000 initial), the IICF Talent Hub (an insurance-only job board developed in partnership with Indeed targeting underrepresented talent), the IICF Mentoring Alliance connecting emerging leaders with industry role models, the Philanthropic Giving Index annual benchmark, and the Horizon Brief newsletter. Signature events include the Inclusion in Insurance Regional Forums held in Chicago, Dallas, London, Los Angeles, and New York, the IICF Global Conference in New York City, and annual galas in the U.S. and UK. Targeted fundraising programs include the Children's Relief Fund, Hurricane Ian Relief Fund, Share the Warmth coat drive with One Warm Coat, Step Up Challenge, Fill the Truck food drives, and the Week of Giving volunteer initiative. The supporting technology stack is described as a digital platform for membership management, volunteer coordination, and nonprofit partner connections, with no AI/ML capability disclosed.

IICF's revenue model rests on three streams: recurring individual membership fees (Global, Executive, Founding Circle), corporate sponsorships through Key Partners (AIG, Alliant, Allianz, Aon, AXA XL, BHSI, Burns & Wilcox, Chubb, CNA, CRC Group, C&F, EY, Falvey Insurance Group, Hub International, Liberty Mutual, Lloyd's, Markel, Marsh, Mayer Brown, Munich RE, RT Specialty, Swiss Re, The Hanover, The Hartford, UFG, USAA, Verisk, WBN, WTW, Zurich) at the leadership level, and donations targeted at specific initiatives including disaster and hunger relief. Go-to-market is community-led: regional boards and division leadership fundraise locally and reinvest grants in the geographies where they were raised. In May 2026 the foundation appointed LoriAnn V. Lowery-Biggers, formerly President of Lloyd's North America, as CEO succeeding Bill Ross, signaling continuity of insurance-industry-led governance.

Name

IICF

Legal name

Insurance Industry Charitable Foundation

Website

https://iicf.org

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

IICF (Insurance Industry Charitable Foundation) is a 501(c)(3) nonprofit established in 1994 that unites more than 600 insurance companies and professionals in delivering grants, volunteer service, and DEI programming to communities across U.S. regional divisions plus UK and Canada.

Ownership category

akta.pro rank

Product category

Insurance Industry Philanthropy

NAICS

Grantmaking and Giving Services (81321), Religious, Grantmaking, Civic, Professional, and Similar Organizations (813)

SIC

Services-Social Services (8300)

akta.pro primary industry

Public Charities & Grantmaking Intermediaries (BPAGAKAE)

akta.pro secondary industry

Philanthropic & Charitable Trust Services (FSAAANAI)

Keywords

• Insurance industry philanthropy
• Community grants funding
• Volunteer coordination
• Charitable foundation services
• DEI mentorship programs

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Corporate and Individual Membership Fees: IICF generates revenue through Global Membership program with tiered annual memberships (Global Member $100/year, Executive Member $250/year, Founding Circle $1,000 initial). These fees support foundation operations and community programs.
2. Corporate Sponsorships and Key Partner Contributions: Insurance companies contribute as Key Partners at leadership level of support across the foundation, providing financial backing for community initiatives and programs.
3. Donations and Charitable Contributions: Individual and corporate donations support specific initiatives including Children's Hunger Relief, disaster relief funds (Hurricane Ian Relief Fund), and general community grants.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

IICF is a 501(c)(3) nonprofit charitable foundation that unites the insurance industry to fund community grants and volunteer service focused on education, health, safety, and inclusion/DEI causes. It sells tiered individual and corporate memberships, operates career/mentoring programs (Talent Hub, Mentoring Alliance), and runs recurring fundraising campaigns (Step Up Challenge, Week of Giving, Share the Warmth Coat Drive, Fill the Truck) whose proceeds are distributed as grants to qualifying nonprofits in the U.S., UK, and Canada.

Product overview

IICF (Insurance Industry Charitable Foundation) is a philanthropic foundation serving as the charitable arm of the insurance industry. Rather than a unified technology product, IICF offers a portfolio of programs including membership services (IICF Global Membership), talent development tools (IICF Talent Hub, IICF Mentoring Alliance), fundraising initiatives (Step Up Challenge, Share the Warmth, Children's Relief Fund), publications (IICF Horizon Brief), research tools (Philanthropic Giving Index), events (Inclusion in Insurance Regional Forums, IICF Global Conference), disaster relief funds, and volunteer programs (IICF Week of Giving, Fill the Truck). These programs work together to unite the insurance industry's collective strength in providing grants, volunteer service, and leadership to help communities.

Differentiator

Problem solved

Functional benefit

Products and services

• IICF Global Membership Tiered membership program for individual insurance professionals and corporate sponsors, with dues ranging from Individual membership to Gold Sponsorship; members gain access to networking, programs, and recognition within the insurance industry philanthropy community.
• IICF Talent Hub Online career resource and talent platform that connects insurance industry professionals with employment and professional development opportunities.
• IICF Mentoring Alliance Structured mentoring program that pairs experienced insurance industry leaders with mentees to support career development, leadership, and inclusion in the industry.
• Inclusion in Insurance Regional Forums Regional forums focused on diversity, equity, and inclusion (DEI) within the insurance industry, convened across IICF's U.S. divisions.
• IICF Global Conference Annual global conference convening IICF members, corporate partners, and community leaders to advance the foundation's philanthropic mission and DEI agenda.
• Step Up Challenge Recurring industry fundraising initiative where insurance professionals and corporate teams raise charitable contributions to support IICF's grant programs.
• Share the Warmth Coat Drive Seasonal coat donation drive organized by IICF to collect winter coats for community members in need across the foundation's regions.
• Fill the Truck Food drive program collecting non-perishable items for community food banks and hunger-relief partners.
• IICF Week of Giving Annual volunteer and giving week mobilizing insurance industry participants across IICF's U.S. and international regions to support local communities.
• IICF Children's Relief Fund Dedicated charitable fund directing donations to children's welfare, hunger relief, and education programs through IICF's nonprofit grantmaking.
• IICF Hurricane Ian Relief Fund Disaster relief fund established by IICF to direct insurance industry donations toward communities affected by Hurricane Ian.
• IICF Horizon Brief Industry newsletter distributed by IICF covering foundation news, member updates, philanthropic insights, and insurance industry developments.
• Philanthropic Giving Index Research publication produced by IICF that benchmarks and reports on philanthropic giving within the insurance industry.

Quantifiable outcome

• Over $55 Million in community grants contributed
• +4 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Spartans CFAminorStrategic or Co-development Partner · 18 October 2022UK charity partner featured at IICF UK Gala Dinner with CEO Douglas Samuel MBE delivering speech. Spartans CFA supports people facing disadvantage.
• Capgemini, CNA Hardy, WeightmanscoreGTM or Marketing Partner · 13 October 2022UK Gala Dinner sponsors that helped raise nearly £1 million for IICF's local community grants programme in England and Scotland.
• Team RubiconcoreStrategic or Co-development Partner · 10 October 2022Team Rubicon serves as nonprofit partner for IICF Hurricane Ian Relief Fund, providing emergency response and disaster relief throughout affected areas. Funds support recovery support, temporary shelter, and basic necessities.
• SW FL Emergency Relief FundcoreStrategic or Co-development Partner · 10 October 2022The SW FL Emergency Relief Fund provides critical support to nonprofits and people in areas experiencing immediate need following Hurricane Ian, receiving funds from IICF disaster relief efforts.
• Hope HelpsminorStrategic or Co-development Partner · 10 October 2022Local nonprofit partner for IICF Southeast Fill the Truck food drive campaign supporting hunger relief in Florida following Hurricane Ian.
• IndeedcoreStrategic or Co-development Partner · 5 January 2022IICF partnered with Indeed to develop an insurance-only job board within the IICF Talent Hub platform, providing underrepresented talent with access to professional opportunities and resources to raise awareness of insurance careers.
• One Warm CoatminorStrategic or Co-development PartnerIICF partners with One Warm Coat for the annual Share the Warmth Coat Drive, an industry-wide initiative collecting new and gently used coats to warm neighbors in need.
• Key Partners (AIG, Alliant, Allianz, Aon, AXA XL, BHSI, Burns & Wilcox, Chubb, CNA, CRC Group, C&F, EY, Falvey Insurance Group, Hub International, Liberty Mutual, Lloyd's, Markel, Marsh, Mayer Brown, Munich RE, RT Specialty, Swiss Re, The Hanover, The Hartford, UFG, USAA, Verisk, WBN, WTW, Zurich)coreGTM or Marketing PartnerIICF Key Partners provide leadership level of support across the Foundation, advancing community work. These major insurance industry companies contribute at the highest partnership tier.
• Texas MutualcoreGTM or Marketing PartnerTexas Mutual is recognized as the first Division Signature Partner in the Southeast, providing leadership-level support for IICF's regional charitable initiatives.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• MassMutual Foundation: Charitable arm of a top US life insurer focused on education, economic opportunity, and community resilience. Similar philanthropic-fund deployment model and insurance-industry donor base.
• SIFMA Foundation for Investor Education: Industry-wide philanthropic and education foundation serving the capital markets/securities industry. Mirrors IICF's role as a unified industry-charity convener (membership programs, grants, volunteer service) but for broker-dealers and asset managers rather than insurers.
• MetLife Foundation: Philanthropic arm of a global life insurer with focus on financial inclusion and workforce development. Comparable international insurance-company foundation supporting communities through grants.
• New York Life Foundation: Charitable foundation of a major US life insurer; runs childhood literacy and mentoring programs alongside corporate philanthropy. Comparable as an insurance-focused grantmaker and volunteer platform, though carrier-specific rather than industry-wide.
• State Farm Companies Foundation: Grantmaking foundation of the largest US P&C insurer. Highly comparable scale and mission around education, safety, and community grants to nonprofits.
• The Allstate Foundation: P&C-insurer foundation known for domestic-violence prevention and youth empowerment grantmaking. Directly comparable insurance-carrier foundation with structured giving and volunteer programs.
• Nationwide Foundation: Philanthropic foundation of Nationwide Insurance, focused on youth-focused and community programs. Comparable as an insurance-carrier foundation with grantmaking, volunteer, and disaster-relief programming.

Broad incumbents

• LIMRA and LOMA (now LIMRA): Insurance industry trade association providing research, member services, and industry convening. Comparable as an industry-wide institution serving the same 600+ carriers IICF engages, with adjacent (research/membership) rather than philanthropic focus.
• Independent Sector: National membership organization of US nonprofits, foundations, and corporate giving programs. Comparable as a cross-sector convener of charitable organizations and corporate philanthropies, though not insurance-specific.
• AICPA Foundation: Charitable foundation of the US accounting profession, supporting financial literacy, diversity pipeline programs, and CPA profession initiatives. Strong analogue: profession-wide foundation with grantmaking, scholarships, and volunteer engagement.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/insurance-industry-charitable-foundation
• Xx.com/doubleicf
• Facebookfacebook.com/doubleicf

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IICF