WRS Insurance Brokers - Press Release

2^ndDecember 2024

Click here for an image - Festive Giving

 Festive Generosity Remains Strong: 92% of Brits Plan to Match or Increase Charitable Giving This Christmas

A recent survey conducted by charity insurance specialists WRS Insurance Brokers reveals that the festive spirit of giving continues to be strong across the UK despite ongoing cost of living challenges, with 79% of respondents planning to maintain their charitable contributions this Christmas, and 13% pledging to give even more. In contrast, only 6% anticipate reducing their donations.

The survey highlights not only the resilience of UK generosity, but also a shift towards supporting causes closer to home, with over 50% of respondents stating that they're most likely to support community charities this festive season. 

Gungor Baykan, Head of Broking and Operations at WRS Insurance Brokers said: "Despite ongoing financial pressures in the UK, this research shows that people's generosity and commitment to giving at this time of year remains strong. It's inspiring to see so many people prioritising community, family, and giving, even in challenging times. The willingness to contribute both financially and through acts of service speaks volumes about the compassion of our communities."

Key survey findings:

• Over a quarter (27%) of respondents are more likely to donate during the festive season than at any other time of year, while 67% say their giving habits remain consistent year-round
• 13% intend to increase their contributions this year, while 79% will donate at similar levels to last Christmas. Only 6% plan to reduce their giving, and just 2% will not contribute at all.
• Community-focused charities (53%), organisations supporting children and young people (51%), and animal welfare groups (43%) topped the list of preferred causes
• Beyond monetary donations, Brits are stepping up in other ways:

-          74% plan to donate items.

-          52% intend to volunteer their time.

-          29% will share donation opportunities on social media.

Full results can be found here: https://www.wrsinsurance.co.uk/news/92-of-brits-plan-to-match-or-increase-charitable-giving-this-christmas/

-ENDS-

For further information please contact Katie Oswald at koswald@seib.co.uk or call 07517 128039

About WRS Insurance Brokers:

1. WRS Insurance Brokers are owned by SEIB Insurance Brokers, both are part of the Benefact Group, profits are used for good causes.
2. WRS specialises in the social welfare sector alongside providing business and property insurance, all from an ethical standpoint. The company provides tailor made insurance cover for charities, churches and care and community groups.
3. This socially responsible approach from WRS fits well with SEIB's ethos.
4. Find out more about WRS here www.wrsinsurance.co.uk

About Benefact Group

1. ​​Benefact Group is an independent, specialist financial services group that exists to give its profits to charity.
2. Owned by a registered charity, Benefact Trust, Benefact Group's family of businesses provide specialist insurance, investment management and broking and advisory services in the UK, Australia, Canada and Ireland.
3. Benefact Group is the fourth-largest corporate donor to charity in the UK, according to the UK Guide to Company Giving 2021/22. It has donated over £100m to charity since 2016 and is aiming to reach its target of giving £250m by 2025.
4. Many businesses say they are different. Benefact Group really is. Find out why herewww.benefactgroup.com