Vaulting Beyond Indemnity Payments, This Workers’ Comp Insurer Doubles Down on Philanthropy

Initiatives that the insurance provider participates in ranges from supporting Kids' Chance of America to supplying meals within a COVID-19 relief effort.
By: | March 28, 2022

Most of us are no strangers to the world of philanthropy.

We’ve been asked to lend our time and financial support to various charitable causes. We are often solicited by groups to help combat various diseases, construct new buildings, or save the rainforest. And for many causes, business professionals are the cornerstone of these efforts—participating in philanthropic initiatives and nonprofit endeavors that are impacting those in need throughout the United States and beyond.

In addition to providing workers’ compensation and commercial property and casualty insurance solutions, CopperPoint Insurance Companies, provides support for a number of philanthropic and community service efforts.

Prioritizing Philanthropy

CopperPoint began as a state fund in Arizona.  After transitioning to a private company in 2013, it expanded its footprint and product offering and now offers workers’ compensation and commercial property and casualty coverage in a growing number of states.

While the company has long served agents, brokers, and customers, it considers its community giving to be equally important.

According to Paula Bommarito, AVP, community strategy, community giving has always been a priority at CopperPoint.

“With the support of our Board of Directors, CopperPoint supports communities across our growing western footprint through enterprise, regional/local and agency partnership programs,” Bommarito said. “We believe that making a difference in the local neighborhoods where we live and work is our greatest impact.”

CopperPoint’s strategy focuses on three key areas: healthy families, thriving workforce, and diversity, equity and inclusion.

“This is our passion. Because at the heart of everything we do are the people we serve,” Bommarito said. And while the company itself holds philanthropy and giving back to others as a core focus, it’s the CopperPoint employees who personally give of their time and talents in helping others.

As Bommarito explains, community involvement has strong support from CopperPoint’s CEO, Marc Schmittlein, who understands and embraces that the spirit of giving starts at the top. With his support, CopperPoint donates over $1.6 million annually. This is done in a variety of ways, one example being quarterly campaigns.

Through these campaigns, CopperPoint makes a donation on behalf of employees for participation in a “challenge” or event. Employees also make donations (which CopperPoint matches). Employees also participate in activities such as stuffing backpacks with supplies for local schools and assembling Kindness Kits for the homeless population.

It’s in the Numbers

The company’s largest annual campaign supports United Way. In 2021, CopperPoint supported more than 132 regional United Way locations and non-profits with over 300 employer-matched donations totaling over $308,000.

“CopperPoint has assisted millions of people and donated millions of dollars through the years,” Bommarito said. “As an example, last year we supplied over 1,000,000 meals as part of our COVID relief effort and this was a small portion of our annual effort.”

In addition, the company has placed six leaders on Kids’ Chance of America boards within various states. Specifically, the company’s support of Kids’ Chance of America provides educational opportunities and scholarships for children of workers seriously or fatally injured on the job, allowing students to pursue their dreams and easing the financial burden to their families.

The scope of CopperPoint’s philanthropic activity is driven by the employee’s determination to help others in need whenever they can.

“Our employees care about the people we serve and having the opportunity to collaboratively serve those in need builds a remarkable bond within the teams,” Bommarito said.

“During our “Kindness Kits” campaign for the homeless multiple employees have shared that assembling the kits with their family has become a family holiday tradition of giving back,” she said.

“During our Leukemia & Lymphona Society campaign an employee who has a family member that is dealing with blood cancer shared how her mother cried when she heard we are continuing to assist in efforts toward a cure.”

CopperPoint encourages companies to get involved in charities that are centered in their communities. Partnering with local charities provides opportunities to donate time as well as money.

That involves listening to where and how employees want to donate their time and resources.

“It’s about collaboration and teamwork and there is no better way to start than by asking someone for their input,” Bommarito said. “We are always researching, actively listening and strategizing to meet the ever-changing needs within our communities.” &

Based in Minneapolis, Minnesota, Maura Keller is a writer, editor and published book author with more than 20 years of experience. She has written about business, design, marketing, health care, and a wealth of other topics for dozens of regional and national publications. She can be reached at [email protected].

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