In the first quarter of 2013, the First Insurance Company of Hawaii (FICOH) Charitable Foundation donated more than $49,000 to local nonprofit service organizations, including the Hawaii Community Foundation, Hawaii Charter School Network, American Red Cross, and Helping Hands Hawaii.
“Hawaii businesses share responsibility for the long-term social and economic welfare of our state,” said Allen Uyeda, FICOH’s president and CEO. “Foundation gifts are one way we can give back to the community and help strengthen Hawaii for this and future generations.”
Established in 1998, the FICOH Charitable Foundation focuses on Education & Career Development; Economic & Workforce Development; Family, Social Services & Healthcare; and Civic, Culture and the Arts. The Foundation also matches gifts to eligible nonprofits made by FICOH associates.
First Insurance is also an active participant in community volunteer efforts. All FICOH associates are automatically members of the First Community Action Team, or First CAT, and are encouraged to participate in volunteer activities. As part of a longstanding partnership with Hawaii Meals on Wheels, First CAT volunteers deliver hot meals to elderly and homebound community members in the Punchbowl area every Thursday and Friday, adding up to more than 500 meal deliveries a year.
Founded on August 11, 1911, First Insurance Company of Hawaii, Ltd. is the oldest and largest property and casualty insurer domiciled in Hawaii, with assets of $646.9 million, liabilities of $360 million and policyholders’ surplus of $286.9 million as of December 31, 2012. First Insurance, a member of the Japan-based Tokio Marine Group, enjoys an “A+” (superior) rating from A.M. Best Co., whose ratings are widely recognized as a benchmark of an insurer’s financial strength. Proud of its broadly experienced, service-oriented staff, First Insurance employs more than 300 insurance professionals and distributes its products through 29 independent general agencies. It has claims personnel on Oahu, Kauai, Maui and the Big Island.