{"id":121488,"date":"2021-07-15T12:17:30","date_gmt":"2021-07-15T12:17:30","guid":{"rendered":"https:\/\/evertise.net\/?p=34147"},"modified":"2021-07-15T12:17:30","modified_gmt":"2021-07-15T12:17:30","slug":"olive-drives-responsible-investment-through-qbes-premiums4good","status":"publish","type":"post","link":"http:\/\/ipsnews.net\/business\/2021\/07\/15\/olive-drives-responsible-investment-through-qbes-premiums4good\/","title":{"rendered":"olive\u00ae drives responsible investment through QBE\u2019s Premiums4Good"},"content":{"rendered":"

<\/span><\/p>\n

\u00a0<\/p>\n

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\u00a0<\/em><\/strong><\/p>\n

olive\u00ae <\/em><\/strong>drives responsible investment through QBE\u2019s Premiums4Good<\/strong><\/p>\n

olive\u00ae<\/em><\/strong><\/a>, <\/em><\/strong>the online leader for mechanical breakdown coverage, along with their customers, have invested insurance premiums into sustainable and socially responsible projects through their partners QBE.<\/p>\n

Premiums4Good is an innovative initiative that sees QBE invest everyday premiums to make an extraordinary difference to communities across the globe. Through Premiums4Good, QBE invests customers\u2019 premiums into investments that have additional social or environmental benefits at no extra cost to the customer.<\/p>\n

These investments include social impact bonds, social bonds, green bonds, and infrastructure, supporting a range of projects and programs that seek to create change. From renewable energy initiatives and sustainable infrastructure to social services and programs to support vulnerable people and communities.<\/p>\n

When customers purchase a plan with olive.com a portion of their plan is invested in Premiums4Good.\u00a0 \u00a0Premiums4Good will have 25 percent of their premium invested in projects that help the environment or deliver direct, sustainable benefits to communities, such as those aimed at reducing homelessness.<\/p>\n

QBE provides the insurance and claims services for each olive<\/em><\/strong> plan, which offers customers vehicle mechanical breakdown coverage with no waiting periods, fixed monthly pricing, and a 100% online quote and fulfillment platform.<\/p>\n

Paul Sherman, Chief Marketing Officer, olive<\/strong>: \u201colive<\/em><\/strong> is proud to be a part of the Premiums4Good program. Every year, a portion of our profit goes directly to accomplishing the UN\u2019s 17 Sustainable Development Goals, which aim to end poverty, hunger, and provide everyone with access to clean water. We love that our customers can feel good knowing that their plan further invests in worthy causes, at no cost to them.\u201d<\/p>\n

Shaqeel Hussain, Head of Automotive Protection, QBE:<\/strong> \u201cPremiums4Good is a unique and innovative offering; we\u2019re the first insurer that allows you to choose for your premiums to be invested in projects that benefit communities and the environment. By offering Premiums4Good through olive<\/em><\/strong>, we\u2019re pleased to be able to reach even more customers that can take part in this great initiative.\u201d<\/p>\n

QBE currently has USD 904 million invested across 66 investments including social impact bonds, social bonds, green bonds, and infrastructure \u2013 supporting a range of initiatives from renewable energy and sustainable infrastructure, to social services and programs to support vulnerable people and communities.<\/p>\n

In North America, Premiums4Good investments have benefitted 22 securities as of 2020, including projects such as The Ford Foundation Social Bond.<\/p>\n

Find out more about QBE\u2019s Premiums4Good initiative and the projects it supports here<\/a>.<\/p>\n

<\/p>\n

For further information contact:<\/strong><\/p>\n

Audra Neurauter, Marketing and Media Contact, olive, +1 303-435-4795, audra.neurauter@olive.com<\/a><\/p>\n

Alexis Burris, Corporate Communications, QBE, +44 20 3465 3921, Alexis.Burris@uk.qbe.com<\/a><\/p>\n

Sandra Villanueva, Corporate Communications, QBE, +44 20 7105 5284, Sandra.Villanueva@uk.qbe.com<\/a><\/p>\n

About olive<\/strong><\/p>\n

\u00a92021 Repair Ventures, LLC dba olive. olive and the olive logo are trademarks of olive.<\/strong><\/p>\n

For nearly 20 years our company and its affiliates have been providing mechanical breakdown coverage for vehicles.\u00a0 In 2020 olive <\/em><\/strong>was launched to take our coverage and products to the next level with a fully digital offering built to serve you.<\/p>\n

olive <\/em><\/strong>is a consumer-informed product provider, seeking to offer the best product at the right time in a transparent manner.\u00a0 Our products, customer service, and reputation for excellence have earned us an A+ rating with the Better Business Bureau and we\u2019ve partnered with some of the insurance industry\u2019s largest companies to back us.\u00a0 We\u2019re in the business of helping you live life covered!<\/p>\n

About QBE Automotive Protection<\/strong><\/p>\n

QBE Automotive Protection has developed a reputation for delivering successful insurance programs globally in North America, South America, Western and Eastern Europe, Asia, and the Middle East. Our success has been built on providing world-class solutions tailored for each individual client. We work with automotive manufacturers, distributors and dealerships, and financial institutions to create tailor-made affinity insurance and warranty products<\/p>\n

QBE Automotive Protection is part of QBE Insurance Group, one of the world\u2019s leading international insurers and reinsurers and Standard & Poor\u2019s A+ rated. Listed on the Australian Securities Exchange, QBE\u2019s gross written premium for the year ended 31 December 2020 was US$14.7 billion.<\/p>\n

About Premiums4Good<\/strong><\/p>\n

Premiums4Good is an innovative initiative that sees QBE invest everyday premiums to make an extraordinary difference to communities across the globe. Through Premiums4Good, we invest customers\u2019 premiums into investments that have additional social or environmental benefits at no extra cost to the customer. These investments include social impact bonds, social bonds, green bonds, and infrastructure, supporting a range of projects and programs that seek to create change. From renewable energy initiatives and sustainable infrastructure to social services and programs to support vulnerable people and communities \u2013 Premiums4Good helps us, together with our customers and partners, make a difference.<\/p>\n","protected":false},"excerpt":{"rendered":"

<\/span>    olive® drives responsible investment through QBE’s Premiums4Good olive®, the online leader for mechanical breakdown coverage, along with their customers, have invested insurance premiums into sustainable and socially responsible projects through their partners QBE. Premiums4Good is an innovative initiative that sees QBE invest everyday premiums to make an extraordinary difference to communities across the […] Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":320,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,57],"tags":[],"class_list":["post-121488","post","type-post","status-publish","format-standard","hentry","category-content-marketing","category-ips"],"yoast_head":"\nolive\u00ae drives responsible investment through QBE\u2019s Premiums4Good - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2021\/07\/15\/olive-drives-responsible-investment-through-qbes-premiums4good\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"olive\u00ae drives responsible investment through QBE\u2019s Premiums4Good - Business\" \/>\n<meta property=\"og:description\" content=\"    olive® drives responsible investment through QBE’s Premiums4Good olive®, the online leader for mechanical breakdown coverage, along with their customers, have invested insurance premiums into sustainable and socially responsible projects through their partners QBE. Premiums4Good is an innovative initiative that sees QBE invest everyday premiums to make an extraordinary difference to communities across the […] Continue Reading →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2021\/07\/15\/olive-drives-responsible-investment-through-qbes-premiums4good\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-15T12:17:30+00:00\" \/>\n<meta name=\"author\" content=\"Ali\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ali\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2021\/07\/15\/olive-drives-responsible-investment-through-qbes-premiums4good\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2021\/07\/15\/olive-drives-responsible-investment-through-qbes-premiums4good\/\",\"name\":\"olive\u00ae drives responsible investment through QBE\u2019s Premiums4Good - 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