Insurance Industry Charitable Foundation UK

What Insurance Industry Charitable Foundation UK does

The Insurance Industry Charitable Foundation UK (IICF UK) is a registered charity in England and Wales (no. 1163896) and Scotland (OSCR SC047495), incorporated on 1 June 2015 as the UK affiliate of the global IICF, which was founded in the United States in 1994. Its mission is to convene the UK insurance industry — carriers, brokers, and service firms — around social mobility and, more recently, literacy causes, channelling collective corporate giving, event fundraising, and volunteer time into a defined set of beneficiary charities. The foundation is led by an Executive Director, Wendy Wilder, and works through corporate memberships, an annual London gala, the Step Up Challenge participation event, and direct giving by individual insurance professionals.

Operationally, IICF UK runs a relatively small executive team and depends on volunteer effort and corporate sponsorships from across the Lloyd's and broader London/UK insurance market to deliver fundraising and grant programmes. Its product surface is essentially a two-sided platform: on one side, insurance-industry members (named supporters include Lloyd's, AXA XL, Chubb, The Hartford, Vitesse PSP, Howden, AIG, Weightmans, Northcourt/Optio, Aspen, and Aspect) supply funds and employee volunteering hours; on the other, a curated set of beneficiary charities (38 partner organisations across 14 UK cities, with 8,000+ people supported and 30,000+ volunteering hours recorded since inception) receive grants and skills-based engagement. Recent extensions such as the 2025 'See My Skills' inclusion initiative and the 2026 'Better Futures' literacy campaign have broadened the thematic remit, while the June 2025 launch of IICF Canada under a Founding Executive Director and Founding Chair (Marc Lipman, President of Lloyd's Americas) signals the beginning of a multi-country expansion model.

The revenue model is a non-commercial charity model: corporate membership contributions, individual donations, sponsorship of flagship events (the London Gala contributing £145,000 in 2025, total 2025 event fundraising exceeding £200,000, the 2026 Step Up Challenge raising nearly £50,000 with 1,000+ participants), and — to a limited extent — volunteer time monetised through employer matching programmes. Since 2015 the UK arm has raised more than £3 million for social-mobility charities, while the wider IICF network reports over $50 million in community grants and $12 million in volunteer service across 1,000+ charity partners globally since 1994. Pricing is not applicable in a product sense; member 'pricing' is essentially the size and visibility of a firm's underwriting or broking brand versus the social-mobility and literacy impact and networking access the foundation provides.

Name

Insurance Industry Charitable Foundation UK

Legal name

Insurance Industry Charitable Foundation

Website

https://iicf.org.uk

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Insurance Industry Charitable Foundation UK is a registered charity (England & Wales 1163896, Scotland SC047495) that convenes the UK insurance industry to raise funds and volunteer time for social mobility, literacy, and inclusion causes through corporate memberships, an annual gala, and the Step Up Challenge.

Ownership category

akta.pro rank

Product category

Industry Charitable Foundation / Social Impact Grantmaking

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Other Grantmaking and Giving Services (813219)

SIC

Services-Social Services (8300), Services-Membership Organizations (8600)

akta.pro primary industry

Public Charities & Grantmaking Intermediaries (BPAGAKAE)

akta.pro secondary industry

International Grantmaking & Development Foundations (BPAGAKAH)

Keywords

• Industry charitable foundation
• Social mobility grants
• Corporate volunteering programs
• Industry fundraising events
• Community grantmaking

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Corporate Member Donations: Insurance companies join as Executive Members, Associate Board members, or Affiliate Members, providing financial support and participation in IICF programs and events.
2. Event-Based Fundraising: Annual events including Gala Dinners (£145,000 raised at 2025 10-year Gala), Charity Golf Tournaments (£15,000 raised in 2025), Quiz Nights, Casino Nights, Summer Socials, and the International Step Up Challenge generate funds for community grants.
3. Individual Donations: Individual donations through TotalGiving platform and direct contributions to support IICF's social mobility and literacy campaigns.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

IICF UK is a registered charity that brings the UK insurance industry together as a collective force for social impact. It awards community grants (£5,000–£10,000) to social mobility charities, coordinates industry-wide volunteering initiatives, and runs fundraising events (Gala Dinners, Golf Tournaments, Step Up Challenge, Week of Giving, ESG Breakfast Briefings). Corporate partners join as Executive Members, Associate Board members, or Affiliate Members to fund, volunteer, and nominate charities.

Product overview

IICF UK is a charitable foundation that unites the insurance industry to support social mobility through grants, volunteering, and leadership. The organization operates as a platform combining grant-making programmes, volunteer initiatives, and fundraising events. Core offerings include the Community Grants Programme (awarding £5,000-£10,000 to social mobility charities), the annual Week of Giving volunteer initiative, the Step Up Challenge fitness campaign, Gala Dinners, Charity Golf Tournaments, and ESG Breakfast Briefings. Supporting structures include the Associate Board (young professional volunteers) and Affiliate Membership (corporate partnership platform). The foundation also produces thought leadership content through its Diverse Pathways into Insurance series and publishes annual reports including the Philanthropic Showcase.

Differentiator

Problem solved

Functional benefit

Products and services

• Community Grants Programme

Quantifiable outcome

• 8,000+ lives touched through grants since 2015
• +4 more outcomes

Named customers19 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

52 partnerships are on record, tiered core.

• Lloyd'scoreStrategic or Co-development Partner · 1 June 2015Long-standing strategic partner and founding supporter. Lloyd's hosts key events including Capture the City start point and Annual Grants Reception. Marc Lipman, President of Lloyd's Americas, serves as Founding Chair of IICF Canada.
• AXA XLcoreStrategic or Co-development PartnerMajor corporate supporter hosting Insurance Career Events for students, sponsoring Galas and Step Up Challenge, with 70 teams participating in 2025 challenge.
• ChubbcoreStrategic or Co-development PartnerGala Dinner sponsor and consistent supporter. Won Charity Golf Tournament 2025. Inspired 70 teams in Step Up Challenge 2025.
• The HartfordcoreStrategic or Co-development PartnerGala Dinner sponsor, hosted Summer Social venue through Howden, supports Associate Board initiatives. Susan Johnson, Chief Culture Officer, presenting speaker at 2025 Gala.
• WeightmanscoreStrategic or Co-development Partner14 teams participated in Week of Giving 2024. Hosted ESG Breakfast Briefing February 2026. Supported IICF Forum on Social Impact.
• AIGcoreStrategic or Co-development PartnerWeek of Giving 2024 participant with hundreds of industry volunteers from AIG teams.
• Vitesse PSPcoreGTM or Marketing PartnerGala Dinner sponsor and Summer Social sponsor. CEO Phillip McGriskin presented 'Above & Beyond' Awards at 2025 Gala. Prize sponsor for Golf Tournament.
• Costero BrokerscoreGTM or Marketing PartnerGala Dinner sponsor for 2025 and 2026. Week of Giving 2024 participant.
• MedProcoreGTM or Marketing PartnerGala Dinner sponsor for 2025 and 2026.
• HowdencoreStrategic or Co-development PartnerHosted Summer Social 2025 on outdoor terrace at Creechurch Lane office. Partner for 10th anniversary celebrations.
• CNA HardycoreStrategic or Co-development PartnerLong-standing supporter since 2018. CEO David Brosnan presented 'Above & Beyond' awards at Midsummer Ball 2018. Current supporter Hamide Karakaya leads diverse team at CNA Hardy.
• KennedyscoreStrategic or Co-development PartnerWeek of Giving 2024 participant. Supported ESG Breakfast Briefing Autumn 2023. Hosted Dive In Festival session on disability confidence. Mark Welbourn (partner) shares diverse career pathway story.
• GallaghercoreStrategic or Co-development PartnerProvided scholarship to Ola to study Computer Science at UCL, introducing him to insurance industry. Ola now leads London market distribution at Global Parametrics.
• Berkley Specialty LondoncoreStrategic or Co-development PartnerStep Up Challenge 2025 raised £1,620 for halow Project. Volunteered at Damon Hill Charity Go-Karting event raising £35,000.
• LIIBAcoreStrategic or Co-development PartnerCo-hosted Summer Social 2025 with IICF. Partnership celebrating 10th anniversary at Howden rooftop.
• Northcourt (Optio Group)coreStrategic or Co-development PartnerNew corporate partner 2025. Director Zemfira Knott joined Board of Executive Members.
• Aspen InsurancecoreStrategic or Co-development PartnerNew corporate partner 2025. Head of Corporate Communications Jo Scott representing Aspen.
• AspectcoreStrategic or Co-development PartnerSixth Affiliate Member joining 2025. Purpose-driven business focused on community impact. Joined unique industry-wide platform for giving.
• The Clear CompanycoreStrategic or Co-development PartnerCo-hosted Dive In Festival session on disability confidence with Lloyd's and IICF UK.
• Sidley Austin LLPcoreStrategic or Co-development PartnerHosted Spring 2025 ESG Breakfast Briefing on non-financial misconduct and inclusive culture. Sponsored event with Julie Lawrence-Rodriguez and Andrea Hynes leading discussion.
• Chapter OnecoreStrategic or Co-development Partner2026 IICF grant recipient focused on literacy and social mobility. Part of Creating Better Futures campaign.
• EnvisioncoreStrategic or Co-development Partner2026 IICF grant recipient. Featured in PropertyCasualty360 for Month of Giving 2025. Helps underrepresented young people develop confidence and skills.
• GoodWorkcoreStrategic or Co-development Partner2026 IICF grant recipient. One of four charities receiving funds from 10th Anniversary Gala Dinner.
• Greater Manchester Youth NetworkcoreStrategic or Co-development Partner2026 IICF grant recipient. Beneficiary of Manchester Quiz Night February 2026.
• Making the LeapcoreStrategic or Co-development Partner2026 IICF grant recipient. Partner for AXA XL Insurance Career Event. Head of Development Lucy Pryce spoke at 2025 Gala.
• Tutors UnitedcoreStrategic or Co-development Partner2026 IICF grant recipient. Charity partner for Summer Social 2025 with presentation on impact.
• The Toy ProjectcoreStrategic or Co-development PartnerCommunity charity in Archway, London. IICF volunteers sorted toys raising £1,827. Collects, restores, and regifts toys to children in need.
• halow ProjectcoreStrategic or Co-development PartnerCharity based in Surrey supporting young people with autism and learning disabilities. Berkley Specialty London raised £1,620 for new education hub.
• upReachcoreStrategic or Co-development PartnerSocial mobility charity connecting students from disadvantaged backgrounds with industry mentors. Partner for Summer Social 2025. Helped Dylan secure internships at Aspen and AXA XL.
• Women's Inclusive Team (WIT)coreStrategic or Co-development PartnerCharity partner for Quiz Nights. Safia Jama MBE emphasized 'be kind' message at ESG Breakfast Briefing. Supports women and families in East London.
• St Giles TrustcoreStrategic or Co-development Partner2019 grant recipient. Supports people facing complex issues of abuse, debt, and homelessness. Rob Owen OBE spoke at Midsummer Ball 2018.
• Every YouthcoreStrategic or Co-development Partner2026 IICF grant recipient. Supporting young people facing disadvantage.
• Go Live TheatrecoreStrategic or Co-development Partner2026 IICF grant recipient. Theatre-based social mobility programmes.
• Inspiration for AllcoreStrategic or Co-development Partner2026 IICF grant recipient. Inclusive education and opportunity organization.
• Northampton Saints FoundationcoreStrategic or Co-development Partner2026 IICF grant recipient. Rugby club foundation supporting community social mobility.
• ReachOutcoreStrategic or Co-development Partner2026 IICF grant recipient. Youth mentoring and social mobility organization.
• Tutors UnitedcoreStrategic or Co-development Partner2026 IICF grant recipient. Tutoring organization improving educational outcomes.
• The Access ProjectcoreStrategic or Co-development Partner2019 grant recipient. Tutoring and mentoring programme helping disadvantaged students access university.
• KidsOutcoreStrategic or Co-development Partner2022 Crazy Golf event beneficiary. Helps children living in refuge who have experienced physical and emotional abuse.
• RNIBcoreStrategic or Co-development PartnerAutumn 2024 ESG Breakfast Briefing collaboration on sight loss. Equipping companies with tools to create inclusive career journeys for people with sight loss.
• Thomas Pocklington TrustcoreStrategic or Co-development PartnerInternship programme partner for sight loss initiatives. Part of plans to improve accessibility for visually impaired individuals in insurance.
• Children's Book ProjectcoreStrategic or Co-development Partner2026 literacy partner redistributing pre-loved children's books. Over 450 donation points, 350+ schools and community groups served.
• Scran AcademycoreStrategic or Co-development Partner2019 grant recipient. Food education and skills charity.
• LSOcoreStrategic or Co-development Partner2019 grant recipient. London Symphony Orchestra's social mobility programmes.
• The Vision FoundationcoreStrategic or Co-development Partner2019 grant recipient. Vision-related charitable initiatives.
• AdvancecoreStrategic or Co-development Partner2019 grant recipient. Community support organization.
• City in the CommunitycoreStrategic or Co-development Partner2019 grant recipient. Manchester-based community initiatives.
• Hand OfcoreStrategic or Co-development Partner2019 grant recipient. Supported by Paints & Pints event 2020.
• The Felix ProjectcoreStrategic or Co-development PartnerWeek of Giving 2024 participant. Reduces food waste by collecting surplus food for those in need.
• The Trussell TrustcoreStrategic or Co-development PartnerWeek of Giving 2024 participant. Food bank network supporting families in need.
• Whitechapel MissioncoreStrategic or Co-development PartnerWeek of Giving 2024 participant. Supporting people experiencing homelessness.
• The Girls' NetworkcoreStrategic or Co-development PartnerPartner for AXA XL Insurance Career Event March 2026. Supporting girls from disadvantaged backgrounds.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Business in the Community: The Prince's Responsible Business Network and one of the UK's largest CSR membership organisations. Comparable as a cross-industry platform for corporate community engagement, though broader than insurance alone.

Emerging players

• The Brokerage Citylink: London-based social mobility charity connecting students from disadvantaged backgrounds with career pathways in the City of London, including insurance. Directly comparable as an insurance-industry-adjacent social mobility organization.
• Career Ready: UK social mobility charity running mentoring and internship programmes for young people, with insurance sector partners. Comparable as a corporate-partnered social mobility organization with insurance industry engagement.

Others

• upReach: Social mobility charity focused on university students from lower socio-economic backgrounds seeking professional careers. An active IICF UK partner charity (helped Dylan secure Aspen and AXA XL internships), and operates in the same social mobility space.
• National Literacy Trust: Major UK literacy charity whose mission directly aligns with IICF UK's 2026 literacy campaign theme. Comparable as a literacy-focused charity and a logical partner/peer given the current thematic focus.

Direct peers

• Insurance Industry Charitable Foundation (IICF US): The US parent/mirror organization of IICF UK, founded in 1994. Operates the same model of uniting the insurance industry for charitable giving, with shared brand, mission, and event concepts (Week of Giving, Step Up Challenge).
• The Insurance Charities: UK-registered charity providing financial support and welfare assistance to current and former insurance industry employees and their families. Closest direct peer in mission as another insurance-industry-specific UK charity, though focused on personal welfare rather than community social mobility.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/iicf-uk

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Insurance Industry Charitable Foundation UK