MORRISTOWN, N.J.--(BUSINESS WIRE)--ProSight Specialty Insurance Group, Inc. and Tangram Insurance Services, Inc. announced today their third annual partnership to fund the Community Giving Fund. Since its inception in 2012, the Fund has experienced significant growth in the number of grants distributed – increasing from 25 in 2012 to 107 nonprofit organizations nationwide.
Grants distributed by the Fund support a wide range of unique programs and services, such as the Santa Cruz SPCA and Humane Society and teenNow California, that directly impact communities that demonstrate an immediate and specific need. To view the complete list of recipients, please visit: www.ProsightSpecialty.com/CommunityGivingFund
“We received many worthy grant requests this year and are thrilled to once again have the opportunity to support the very organizations that sustain our communities and support our business,” said Rekha Schipper, President, Tangram Insurance Services. “The additional support that the Fund provides year over year has been consistently praised by our customers, especially when the overall funding climate can be unpredictable.”
ProSight and Tangram first established the Community Giving Fund to enable both companies to provide additional support to nonprofit organizations to help further their mission. The Community Giving Fund is designed for charitable organizations to apply for grants while allowing brokers to develop relationships with the nonprofit community. Among the organizations selected for funding this year across the U.S. are Progress Foundation, Neighborhood Housing Services of New Britain, Kingdom Center, Homeless Services Center and many more.
“Now in its third consecutive year, we are pleased that the Community Giving Fund has grown quickly to support more than 100 deserving community-based nonprofits,” said Ricardo Victores, President of Social Services for ProSight Specialty Insurance. “The Fund is one of many ways that ProSight strives to provide additional value and support for our customers and we are pleased to be involved with a worthy cause that directly impacts communities across the country.”
ProSight provides solutions that are specifically designed to underwrite the needs of social service organizations that provide vital services to society. This year’s Community Giving Fund grantees represent several key verticals that ProSight member companies specialize in covering including clubs and camps, advocacy and outreach groups, day care (child and adult), drug and alcohol rehab, food banks, outpatient clinics, residential care for children, services for the developmentally disabled and temporary and emergency shelters.
ProSight member companies leverage their expertise in the social services sector to serve clients with truly customized insurance solutions not typically offered by standard insurance providers. Understanding the unique needs of nonprofits and their missions, ProSight’s support of nonprofit organizations spans far beyond insurance solutions to include an affordable background check solution and discounted grant-writing services that are structured to fit a range of budgets.
In 2011, ProSight partnered with Tangram Insurance Services to deliver a comprehensive program designed specifically for nonprofit and social service organizations. As specialists in the nonprofit and social services space, the companies strive to deliver the best protection and customer service available. For more information about the Community First Program, please visit, Prosightspecialty.com/solutions/community-first-nonprofit-insurance-solutions/
About ProSight Specialty Insurance
ProSight Specialty Insurance was founded by CEO Joseph Beneducci in 2009. The company focuses on niche markets where it has differentiated underwriting and claims expertise and partners exclusively with specialist distributors who have a deep understanding of their customers. For more information, please visit www.prosightspecialty.com.
About Tangram Insurance Services, Inc.
Tangram Insurance Services, Inc. is a national program manager bringing in-depth expertise and underwriting capabilities to a variety of industries. With more than a decade of experience, Tangram partners with top insurance companies to deliver niche insurance solutions for nonprofits, fuel dealers, artisan contractors, janitors and more. For more information, visit www.tangramins.com.