Insurance firm Chubb has pledged $10mto coronavirus Covid-19 pandemic relief efforts worldwide.
The amount will provide support to people and programmes delivering emergency frontline services as well as to those who have been impacted the hardest by the pandemic.
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In collaboration with its partner organisations in the US and other countries, Chubb will supply essential resources in areas that require immediate help.
This includes organisations providing emergency medical equipment and supplies to healthcare facilities.
The money will also support community foodbanks to aid people who have become unemployed due to the pandemic.
The funding will be made by Chubb Charitable Foundation.
Chubb stated that it will not layoff employees while in the midst of the pandemic health crisis.
Chubb chairman and CEO Evan Greenberg said: “We are committed to supporting people, business and communities most impacted by this global crisis.
“Our $10 million commitment will add to the urgent efforts required to meet the immediate health and nutrition needs of those most affected. Concerning our no-layoff pledge, we want our 33,000 employees around the globe to be assured that their jobs are secure at this difficult time.”
Chubb offers commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.
It has footprint in around 54 countries and territories.
