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Home ASIA Cambodia

Infinity, Insurance company in Cambodia, show the way in social responsibility

September 20, 2021
in Business, Cambodia, National
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Infinity, Insurance company in Cambodia, show the way in social responsibility
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Infinity Solutions insurance company is holding a “Wildlife Alliance and Saving the Jungle” event at the Hyatt Regency in Phnom Penh on Wednesday as part of its corporate social responsibility (CSR).

It’s one of a growing number of events by top companies that provide publicity and reputation, environmental good, philanthropy, ethical and economic value.

Infinity Solutions is seeking to ensure it is leading the way in terms of CSR by hosting (Covid-19 permitting) various events and webinars.

Paul Dodd, regional director of Infinity, said: “Since Covid-19, we have had a surge in companies in the Kingdom wanting to provide a more comprehensive plan to cover their staff and, of course, people with no insurance wanting to get the best cover amidst the pandemic.

“Medical insurance is critical. It costs $35,000 just to medically evacuate someone to Thailand [where they have specialist hospitals for certain accidents or conditions] before any treatment given with a major claim such as a car accident or cancer costing upwards of $250,000. I for one don’t have that sort of cash lying around to use in an emergency,” Dodd added.

Infinity have done many things for CSR, with raising $25,000 for the Nepal earthquake appeal and supporting the Auscham Covid-19 appeal.

The Wildlife Alliance who will co-host the event on Wednesday is owned and run by Suwanna Gauntlett, who has dedicated her life to protecting rainforests and wildlife in some of the world’s most hostile environments. She has designed, implemented and supported bold, front-line conservation programmes to protect threatened rainforests and save endangered wildlife populations.

Suwanna told Khmer Times: “The reason for the partnership with Infinity is because they visited the Cardomom Mountains in August and stayed with us and, as a result of this,  wanted to make a difference, so the idea was made to spread awareness of the ongoing challenges of animal trafficking, illegal logging and many more that impact the environment.”

She added “Running these types of events is pivotal to shift investments and help promote wildlife and deforestation efforts.”

Speaking about CSR, she said:  “There isn’t enough focus on climate change. It is mainly infrastructure and agricultur,e whereas the more important topics I feel would be on solar and wind and helping the jungle. Deforestation is a big part of what we do and has a huge effect on the environment.”

Other companies also do their bit.

Regency Insurance Group held a webinar on Thursday last week on “Corporate Social Responsibility”.  Kate Tebbet, who has worked for 17 years in the charity sector before moving to Regency, explained on the webinar that CSR is split into two parts “mitigate risk” and “climate change” and that Regency “go beyond just giving” and “respect and promote human rights.”

She also explained Regency would like to promote and take action against the following 17 sustainable development goals;

No poverty, zero hunger, good health and wellbeing, quality education, gender equality, clean water and sanitation, affordable and clean energy, decent work and economic growth, industry innovation and infrastructure, reduced inequalities, sustainable cities and communities, responsible consumption and production, climate action, life below water, life on land, peace justice and strong institution and partnership for the goals.

Regency is a fully regulated insurance supplier specialising in providing all types of insurance to more than 120 countries worldwide with their aim being to make clients aware of the risks and dangers associated with living abroad and to protect them against it.

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: company in CambodiaInfinityInsurance company in CambodiaPhnom Penh
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