Together we're making a difference
Premiums4Good is an innovative initiative that sees us invest everyday premiums to make a difference to communities across the globe.
Through Premiums4Good, QBE invests a portion of customer premiums into investments that have additional social or environmental benefits, at no extra cost to our customers.
How does Premiums4Good work?
When customers pay us their insurance premium, we invest that money until we need it to pay claims. Through Premiums4Good a portion of those premiums is directed into investments with an additional social objective. These investments include social impact bonds, social bonds, green bonds and infrastructure, supporting a range of projects and programs that seek to create positive change.
Premiums4Good supports our belief that we can deliver attractive risk-adjusted returns and business value, while also seeking to make a difference.
Are you already contributing to Premiums4Good?
By simply choosing to do business with QBE, your organisation is already helping create positive change.
Every insurance premium across QBE Australia is contributing to QBE’s global Premiums4Good investment pool. In 2019 QBE Australia Pacific is committed to contributing a minimum of A$100 million on behalf of all QBE customers.
Customers with premiums greater than A$100,000 (excluding government charges) can also elect for QBE to direct more of their premium to the program, 25 per cent, into socially responsible and impact investments – a first for the insurance industry.
Our policy is greater than A$100,000 and we want to contribute more to Premiums4Good?
We're delighted to offer our customers that pay over A$100,000 (excluding government charges) to QBE the opportunity to contribute 25 percent of their net premium to Premiums4Good.
You won’t pay any more for your policy and you’ll still have the same level of cover.
To elect to contribute more, simply fill out the registration form on this page and we'll get in touch. Or alternatively speak to your QBE agent or broker to find out more.
Please note at this stage this offer excludes Builder Warranty and Trade Credit policies.
Can I promote the fact we signed up to Premiums4Good?
Yes. Premiums4Good is an ideal program to supplement your existing organisation’s corporate and social responsibility programs. It can help support your corporate reputation and brand as well as attract and retain socially conscious customers and employees.
QBE can provide certified documentation that your organisation has contributed 25% of their net premium to Premiums4Good.
We encourage you to share your participation in Premiums4Good with your customers, partners and employees.
What are the investments?
Premiums4Good benefits a diverse range of projects here in Australia and across the globe. These include initiatives that help the environment, like renewable energy and waste conservation projects and social programs that deliver direct, sustainable benefits to vulnerable people like the homeless or at-risk families.
Examples of our local investments include the Aspire Social Impact Bond, which funds the Aspire Program and The Treasury Victoria Corporation Green Bond, which funds 40 different environmental projects.
Aspire Social Impact Bond -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.
Treasury Victoria Corporation Green Bond
The Treasury Victoria Corporation Green Bond funds 40 different environmental projects across the state over 5 years including public housing energy efficiency improvements, construction of a renewable energy power station facility and the implementation of a new electrical train system. The bond and the projects it supports, have and continue to, help reduce the production of greenhouse emissions and create a more sustainable Victoria.
Find out more about our investments
Read how a pioneering social benefit bond helped keep families together.
Learn how this social benefit bond is driving meaningful change for those struggling with mental health problems.
Read how the program provides early intervention and support for young people, and helps them find appropriate, stable and supported housing options.