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In Their Own Words

"The insurance industry is making a remarkable impact on Chicago's south side by supporting our year-round education program. Since we became a grantee two years ago, we have opened a second location and are now accessible to more children and families. The Insurance Industry Charitable Foundation gave us the backing we needed to extend our reach to more at-risk students in neighborhoods where the need for academic and social adjustment programming is great, yet resources are scarce."
– Owen Duncan, Executive Director of the Sue Duncan Children's Center

IICF Welcomes New Board of Governors Chair

IICF is delighted to announce the appointment of John Vasturia, President of Munich Re America’s Specialty Markets, as the new Chair of the Board of Governors. Vasturia assumes the Chairmanship having served on the IICF’s Board of Governors.

“John’s dedication to the insurance industry and his many charitable pursuits ideally situate him to further the IICF’s impact,” said Bill Ross, CEO of IICF. “We are thrilled to announce John’s appointment as Chair and under his leadership, IICF will continue to invest in the communities in which we live, work and serve.”

John brings a wealth of industry experience and knowledge to the role of Chairman, boasting a distinguished career. Before taking on his current role, John served as Head of New Strategic Markets, as well as President of Regional Clients Underwriting at Munich Reinsurance America, Inc.

In taking on the role of Chairman, John will succeed Gary Petrosino. “Gary has
contributed an immeasurable amount of guidance and support to the IICF across all levels. Having helped shape the Western Division and contributing to launch of our first International Division in London, Gary had been a true champion of IICF. We are exceedingly grateful for his dedication to the organization,” said Ross.

We are delighted to officially welcome John to the position of Chairman and are exceedingly grateful to Gary for his countless years of support and leadership.

Southeast Division Announces 23 Grants at Lone Star Legend Benefit Dinner

benefit dinnerThe Southeast Division looks to welcome more than 700 industry professionals and guests for the 4th Annual Lone Star Legends Benefit Dinner, presented by the Higginbotham Community Fund & the Henry Family. The 2016 event will be a celebration of the industry’s philanthropic commitment with proceeds to benefit the local IICF Community Grants program across the division.
“It is a privilege each year to attend the IICF Southeast Benefit Dinner and witness the dedication of the local and regional members of the insurance industry,” commented Wendy Houser, Regional President, Markel Corporation. Houser, who also serves as Dinner Committee Chair, continued, “The Lone Star Legends Benefit will enable the IICF Southeast Division to execute another very successful grant-making year that will benefit 23 well deserving nonprofits in our region!”
The evening will also feature special guest and speaker, Terry Bradshaw.

For more information visit:

Northeast Division Benefit Dinner Closes 2015 with a Bang

The Northeast Division Annual Dinner had another outstanding year generating more than $1.26 million to benefit regional nonprofits. Held on Dec. 9 at New York City’s Waldorf Astoria Hotel, the event brought together over 900 insurance professional. Evening highlights included speeches from New York Mets outfielder Curtis Granderson, Emmy award-winning journalist Jane Pauley, and radio and television personality Boomer Esiason. IICF honored American International Group Inc. (AIG) for philanthropic leadership with the 2015 IICF “Double I” Award for influence in the industry and impact in the community.
View photos from the event at

By the Numbers

Grants Awarded:
Since 1994: $25.3 Million
bIn 2015: $1,836,292


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