What's Happening?
The Insurance Industry Charitable Foundation (IICF) has announced the appointment of LoriAnn V. Lowery-Biggers as its new CEO. Lowery-Biggers brings over 30 years of experience in the insurance industry, having held significant leadership roles at Lloyd’s
North America, The Navigators Group, Inc., Wells Fargo Insurance, Inc., and Marsh McLennan Companies, Inc. She succeeds Bill Ross and will be responsible for overseeing the foundation's operations and strategic direction. Lowery-Biggers will report to the IICF Board of Governors and will work on developing a multi-year strategy with the IICF staff and executive team. The IICF, since its inception in 1994, has awarded over $55 million in community grants and contributed a total of $68 million in community impact.
Why It's Important?
The appointment of Lowery-Biggers as CEO is significant for the IICF as it seeks to enhance its philanthropic impact across the insurance industry. Her extensive experience and leadership are expected to drive the foundation's strategic initiatives, potentially increasing its influence and effectiveness in addressing social issues. The IICF's focus on areas such as children at risk, housing and food insecurity, and disaster preparedness highlights its role in supporting vulnerable communities. Lowery-Biggers' leadership could lead to innovative approaches in these areas, benefiting both the insurance industry and the communities it serves.
What's Next?
Under Lowery-Biggers' leadership, the IICF is expected to develop a comprehensive multi-year strategy aimed at expanding its philanthropic reach and impact. This strategy will likely involve collaboration with various stakeholders within the insurance industry to address pressing social issues. The foundation's ongoing initiatives, such as the IICF Children’s Hunger Relief campaign, may see increased support and expansion. Stakeholders, including nonprofit partners and community organizations, will be closely watching the foundation's next steps to gauge potential opportunities for collaboration and support.
