Premiums4Good™ is a smart new global initiative from QBE. It invests a portion of everyday insurance spending in areas creating positive environmental or social change. It's a simple way to benefit those who need it most, at no additional cost to you.How does Premiums4Good work?
When customers pay us their insurance premium, we invest that money until we need it to pay claims.
Premiums4Good is an initiative that enables us to direct a portion of those premiums into investments with an additional social objective. These investments can include social impact bonds, green bonds and other social investments.How can you contribute?
By simply choosing QBE Insurance, you’ll be helping create positive change. Every insurance premium across QBE Australia and New Zealand is contributing to QBE’s global Premiums4Good investment pool. In 2018 we're committed to contributing a minimum of A$100 million on behalf of all our customers.You won’t pay any more for your policy and you’ll still have the same level of cover. The big difference is that you’re helping to create positive change in communities here and around the world.
Together, we'll benefit a diverse range of projects, including social impact and green bonds, developing renewable energy resources, and providing water and energy to remote communities.
Social Impact Investments represent a growing investment opportunity that provides funding for initiatives with observable social benefits. For example, in social impact bonds, these may include:
- reducing homelessness
- improving family resilience for children at risk of being removed into foster care
- improving school performance of children or youth from ‘at risk’ households.
Green Bonds mean an investment into projects with environmental benefits such as renewable energy, waste management and water conservation.
An example of one of our local Australian investments is the Aspire Social Impact Bond, which funds the Aspire Program. The Aspire Program is conducted by Hutt Street Centre, an Adelaide-based homelessness services specialist. The Hutt Street Centre partners with community housing providers including Common Ground Adelaide and Unity Housing, to provide a Housing First program for up to 600 people who are homeless or at risk of homelessness.
How do I find out what else Premiums4Good invests in?
As part of Premiums4Good, QBE ensures a transparent process with comprehensive annual reporting of its investments.
View our latest update.
Find out more about our investments
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