ABI reports impact of Covid-19 Support Fund

£104 million in donations

Cameron Roberts
clock • 1 min read

The Association of British Insurers (ABI) has released its From Crisis to Impact: What the Covid-19 Support Fund Delivered report, which highlights the impact of money raised by the insurance and long-term savings industry’s Covid-19 Support Fund.

The fund raised £104 million in 2020 to help charities and the people most effected by the pandemic. Of the amount raised £84m came from the industry and £20m was contributed by the Department of Culture, Media and Sport. According to the ABI it has supported 17 national charities over the last five years and 100 smaller charities. Yvonne Braun, executive lead, ABI, Covid-19 Support Fund said: "The pandemic galvanised the entire industry to work together to create the Covid-19 Support Fund. "This sector-wide response grew into one of the UK's largest private-sector pandemic relief ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

Royal London protection new business sales rise 17% in 2025

Royal London protection new business sales rise 17% in 2025

£771m paid in protection claims

Jaskeet Briah
clock 06 March 2026 • 2 min read
Guardian IP added to UnderwriteMe platform

Guardian IP added to UnderwriteMe platform

Seventh insurer offering buy-now for IP on the platform

Jaskeet Briah
clock 05 March 2026 • 1 min read
British Friendly pays out £4.9m in 2025

British Friendly pays out £4.9m in 2025

88.61% of claims paid

Jaskeet Briah
clock 05 March 2026 • 1 min read