- Assurant (AIZ, Financial) donates $200,000 to Move For Hunger, reaching over $1 million in lifetime contributions to combat food insecurity.
- The company's "Moving to Fight Hunger" initiative converts employee exercise miles into monetary donations.
- Move For Hunger has provided over 50 million meals across the U.S. and Canada, with Assurant as a major contributor.
Assurant, Inc. (AIZ), a leader in global protection services for connected devices, homes, and automobiles, has announced a significant $200,000 donation to Move For Hunger. This contribution propels Assurant's total support to the non-profit organization beyond the $1 million mark, furthering efforts to combat food insecurity across North America.
The donation is part of Assurant's annual "Moving to Fight Hunger" campaign, where employees' physical activities are turned into charitable contributions. For every mile walked, run, or cycled during the event, Assurant commits to donating one dollar, with a cap of $200,000. This initiative, organized by The Assurant Foundation, aims to foster strong community ties by supporting causes that enhance local well-being.
Ryan Lumsden, President of Assurant Renters Solutions, noted that this milestone reflects the strong motivation among employees to impact communities positively. What started as an internal project within their Housing organization has now expanded across the company, involving thousands of participants.
Move For Hunger partners with moving companies to ensure that surplus food is redirected to food banks instead of being wasted during the moving process. Executive Director and Founder Adam Lowy praised Assurant as their largest contributor, helping the organization deliver more than 50 million meals to individuals and families in need throughout the U.S. and Canada.
Assurant (AIZ, Financial) continues to be a prominent player in the insurance sector, with a market cap of $10.14 billion and a strong institutional ownership of 99.01%. The company's commitment to social responsibility and community engagement is reflected in its ongoing partnership with Move For Hunger.
