THE INSURANCE CHARITIES
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.
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.
What the accounts disclose
“One employee received gross emoluments of between £90,001 and £100,000” — page 48
“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.”
“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.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (07/11/2025)
- Received assets from another charity (26/06/2015)
- Received assets from another charity (10/04/2015)
- Received assets from another charity (05/12/2012)
Trustees
- Alexandra Hughes
- Allan James Clare
- Antony John Greensweig
- Caroline Dungar
- Deborah Jayne Bullock
- Elizabeth Susannah Williams
- Lisa Bartlett
- Marc Sweeney
- Mary Bowie
- Michael Joseph Gaughan
- Paul Buckle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY MEALS | 1 | £425k |
| THE PWC FOUNDATION | 1 | £10k |
Charities like this
- ORPHANS IN NEED
- LITTLE SISTERS OF THE ASSUMPTION CHARITABLE TRUST
- EDUCATION FOR HEALTH
- THE SISTERS OF THE POOR CHILD JESUS
- THE CHARIS TRUST
- SISTERS OF MERCY, GRAVESEND, KENT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE INSURANCE CHARITIES | £959k | £90,001 - £100,000 | — | unclear | — | no doubt |
| ORPHANS IN NEED | £23.5m | — | — | above | — | no doubt |
| LITTLE SISTERS OF THE ASSUMPTION CHARITABLE TRUST | £273k | — | 0 | above | — | no doubt |
| EDUCATION FOR HEALTH | £1.5m | — | — | unclear | — | no doubt |
| THE SISTERS OF THE POOR CHILD JESUS | £295k | — | 0 | unclear | — | no doubt |
| THE CHARIS TRUST | £591k | — | 0 | unclear | — | no doubt |