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THE INSURANCE CHARITIES

Registered charity 206860 · accounts filings on the Charity Commission register · also known as The Insurance Charity · also registered in Scotland as SC047527 (OSCR)

The Charity's activities are to provide financial assistance towards the education and training and relief of need, hardship, sickness, disability, old age or distress of persons who are now or have been engaged in any aspect of the insurance industry and of children, spouses, partners, former spouses or partners and other relatives or dependants of such persons.

Objects

TO PROVIDE FINANCIAL ASSISTANCE TOWARDS THE EDUCATION AND TRAINING AND RELIEF OF NEED, HARDSHIP, SICKNESS, DISABILITY, OLD AGE OR DISTRESS OF PERSONS WHO ARE NOW OR HAVE BEEN ENGAGED IN ANY ASPECT OF THE INSURANCE INDUSTRY AND OF CHILDREN, SPOUSES, PARTNERS, FORMER SPOUSES OR PARTNERS AND OTHER RELATIVES OR DEPENDANTS OF SUCH PERSONS.

Area of benefit: NOT DEFINED.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£959k
Latest spending
£2.0m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total resources decreased to £959,000 while total expenditure was £2,012,000, resulting in a net outflow for the year. Despite this deficit, the charity holds unrestricted reserves of £30,723,000, which the directors consider adequate to sustain operations and meet liabilities for at least twelve months.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000 — above the 90th percentile for charities its size (median £60k)
“One employee received gross emoluments of between £90,001 and £100,000” — page 48
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Paul Golmick Fund transferred its assets to The Insurance Charity in April 2015 as a restricted fund
“The Paul Golmick Fund transferred its assets to The Insurance Charity in April 2015 as a restricted fund”
“The CILA Benevolent Fund transferred its assets to The Insurance Charity in 2013 as a restricted fund.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CILA Benevolent Fund transferred its assets to The Insurance Charity in 2013 as a restricted fund
“The Paul Golmick Fund transferred its assets to The Insurance Charity in April 2015 as a restricted fund”
“The CILA Benevolent Fund transferred its assets to The Insurance Charity in 2013 as a restricted fund.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by RSM UK Audit LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£959k
Total spending
£2.0m
Cost of raising funds
£317k
Reserves (reported)
£34.1m
Employees
8

Reported reserves equal ~203.2 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (80% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 33.1% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Isle Of Man · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£959k£2.0m
31/03/2024£1.1m£2.1m
31/03/2023£1.1m£1.8m
31/03/2022£1.0m£1.1m
31/03/2021£1.1m£1.3m

Common questions

Is THE INSURANCE CHARITIES financially healthy?

Per its FY2025 accounts: The accounts state that total resources decreased to £959,000 while total expenditure was £2,012,000, resulting in a net outflow for the year. Despite this deficit, the charity holds unrestricted reserves of £30,723,000, which the directors consider adequate to sustain operations and meet liabilities for at least twelve months. Its FY2025 accounts were audited by RSM UK Audit LLP.

What does the highest-paid employee of THE INSURANCE CHARITIES earn?

Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
CHARITY MEALS1£425k
THE PWC FOUNDATION1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ORPHANS IN NEED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE INSURANCE CHARITIES£959k£90,001 - £100,000—unclear—no doubt
ORPHANS IN NEED FY2025£23.5m——above—no doubt
AID THE NEEDY FY2025£104k—0unclear—no doubt
LITTLE SISTERS OF THE ASSUMPTION CHARITABLE TRUST FY2025£273k—0above—no doubt
EDUCATION FOR HEALTH FY2025£1.5m——unclear—no doubt
THE SISTERS OF THE POOR CHILD JESUS FY2025£295k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.