Risky business: lottery insurance proves worth

first_img Topics: Finance Lottery Subscribe to the iGaming newsletter Email Address Lottoland’s record-breaking €90m jackpot winner was a PR win for the company. But its insurers aren’t likely to have been too happy, reports Joanne Christie Risky business: lottery insurance proves worth 31st July 2018 | By Stephen Carter When a Lottoland player won the largest ever secondary lottery payout of €90m last month, both the player in question and Lottoland itself were understandably chuffed. But the insurers backing Lottoland’s innovative insurance-linked securities offering were likely to have been rather less excited, says Joanne ChristieInsurance-linked securities (ILS) are financial instruments that are sold to investors that pay out if an insured event takes place. These have long been used to insure events such as earthquakes and hurricanes but Lottoland, as well as Zeal Network’s MyLotto24, also use them to insure against jackpots.In August last year, Lottoland increased the size of its ILS coverage to €120m and the following month set up its own insurance company, which insures against the risk of large jackpots such as last month’s using both insurance-linked securities and traditional reinsurance.~ The company has not divulged exactly how the funds were paid out, but it is fair to assume investors in the riskier portions of the ILS — it is divided into four layers, with various risk levels and corresponding returns — were looking at significant losses.Steve Evans, owner and editor of www.artemis.bm, a news website covering alternative risk transfer such as catastrophe bonds and insurance-linked securities, says he believes around half of the win came from the ILS.“While there was a jackpot win of €90m, they haven’t disclosed how much of that is going to be paid for out of the ILS. We were told that it could be roughly half the €90m, typically when they have a big payout they are going to be retaining some of the loss and using other sources of insurance, and then the ILS kicks in above that.”Increase in costs? With such a whopping hit to Lottoland’s investors, the obvious question becomes – will it have to pay more for its insurance in future? The answer is not as simple as one may assume. “In general the insurance tradition, how it works is if you have a loss of course your premium will go up slightly,” says Blerina Essen, managing director of MyLotto24. But Evans says: “The important thing to note is that this is what would be considered an expected tail event for many investors. They would expect to see a loss like this, perhaps every 10 years or something like that, and at the moment their loss experience is probably not anything they would worry about and consider unusual just yet.“There might be a very slight uptick next time, but my gut feeling is that Lottoland will probably do a bigger deal anyway and then sometimes the more risk you can bring to the investors the better the terms you can often achieve. So I think it will probably even itself out.” Indeed, bigger risks helped MyLotto24 achieve better pricing when it issued its latest ILS transaction in February this year. “In general the pricing for us has gone down because: a) we have built the trust with the investors; b) we have a lot of transparency; and c) we know this is a growing market for us and we are growing our products and risk,” says Essen. It’s worth pointing out that Zeal is in a slightly different position to Lottoland in that it has never claimed on its ILS. Before this recent win, Lottoland had already hit up the investors in its ILS twice before to pay out €14m and €22m jackpots.Reputational boost Even if Lottoland does see an increase in pricing, it may not mind given the reputational boost the win has given the company.This is particularly true as it came at a time when the company was facing a ban on lottery betting that would effectively shut down its Australian business – detractors of the company Down Under have frequently claimed the company would not be able to pay out a big win.“It is inevitable in the industry we work in that there will be big jackpot winners. The fact that we were able to pay out the winner as quickly as we did showcases once again that our structures work and discredits those in the industry who say we can’t pay out,” says Nigel Birrell, Lottoland’s CEO.Other operators say it gives a boost to the entire industry. “It increases confidence in customers that obviously lottery betting operators are paying out,” says Essen.“We hope that this win — along with our own US$30m jackpot win (Aura from Panama) last year — will increase the industry’s reputation and trustworthiness,” adds Remco Yizhak-Cooremans, spokesperson for lottery messenger service theLotter.Unfortunately, however, the proof of concept was not enough to sway Australian lawmakers, with the nation’s government passing a law to ban lottery betting later last month.Others to follow? Lottoland’s win and subsequent speedy payout could lead to more betting on lottery operators looking to set up their own ILS structures, says Evans.  Prior to Zeal setting up the first lottery betting ILS back in 2011, some operators used prize insurance to insure against jackpots, however the value of this has been in doubt since 2009 when Zeal’s insurer refused to pay out a claim for its Tipp24 site. “I think what it could do is show other lottery providers that there is a different way to get insurance coverage, above and beyond the limits they have been able to traditionally get in the past,” says Evans.“Potentially this could increase demand from the insurance buyer side. We might see a number of other lottery betting type companies look at this and it doesn’t even necessarily have to be lottery, it could be all sorts of other things — I know in the past people have looked at casino type risks as well.” There’s certainly capacity in the marketplace for more deals if the experiences of Lottoland and MyLotto24 when refinancing are anything to go by. When announcing its increased ILS last August, Lottoland said all previous investors were on board, along with some new ones.Essen says MyLotto24’s deal in February was oversubscribed, and adds: “There is a lot of capacity as far as I understand in the market for this kind of risk and there is appetite from investors.”Evans estimates the industry could potentially support up to £1bn of ILS for lottery operators and considering Lottoland’s €120m is the largest in the industry, there seems plenty of scope for other companies to get in on the act.Alternatively, we could see the existing ILS users significantly increase their cover if other operators choose to draw on Lottoland and Zeal’s experience by entering into B2B deals rather than turning to the capital markets on their own.Lottoland has a B2B arm, Lottoland Solutions, which allows other operators to offer lottery betting and guarantees any wins from its insurance structure. So far, it has signed up Kindred, William Hill Australia and Playtech BGT Sports.MyLotto24 also has B2B deals in place, but does not disclose the names of partners it is working with.While Lottoland’s hefty insurance claim may not exactly have been welcomed by its insurers, it seems that rather than being an event that causes insurers to rethink their continued support, it may instead be an event that leads others to follow in the lottery giant’s footsteps as it proves the insurance-backed lottery model does work. Related articles: Secondary lotteries and the capital markets: a match made in heaven? Lottoland claims industry-first with insurance licence Lottoland player scoops record €90m Australian parliament approves lottery betting ban Finance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Prestige Assurance Plc (PRESTI.ng) HY2014 Interim Report

first_imgPrestige Assurance Plc (PRESTI.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2014 interim results for the half year.For more information about Prestige Assurance Plc (PRESTI.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Prestige Assurance Plc (PRESTI.ng) company page on AfricanFinancials.Document: Prestige Assurance Plc (PRESTI.ng)  2014 interim results for the half year.Company ProfilePrestige Assurance Plc is an insurance company in Nigeria licensed to cover all classes on non-life insurance. The company offers products for motor, marine, bond, engineering, fire, aviation, oil and gas, and general insurance. Prestige Assurance Plc also provides all risk insurance and products for group personal accident, burglary, fidelity guarantee, workmen’s compensation, machinery breakdown, fire and allied perils, consequential loss insurance and liability insurance. Prestige Assurance Plc is a subsidiary of The New India Assurance Company Limited, Mumbai. It was founded in 1952. The company’s head office is in Lagos, Nigeria. Prestige Assurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Oando Plc (OANDO.ng) Q12016 Interim Report

first_imgOando Plc (OANDO.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2016 interim results for the first quarter.For more information about Oando Plc (OANDO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Oando Plc (OANDO.ng) company page on AfricanFinancials.Document: Oando Plc (OANDO.ng)  2016 interim results for the first quarter.Company ProfileOando Plc is the largest integrated energy solutions provider in Nigeria and internationally. The company has onshore and offshore oil and gas exploration operations throughout Africa and trades in crude refined and unrefined petroleum products. Separate operations are responsible for storing, hauling and distributing petroleum and gas products; providing logistics and other services; and managing aviation activities. Oando Trading supplies and trades crude oil and petroleum products which includes naphtha, gasoline, fuel oil, gas oil, kerosene and bitumen. Oando Financial Trading & Hedging offers a highly centralised and financial risk management framework and is active in most financial energy markets worldwide. Oando Shipping & Chartering has access to a global pool of shipping brokers and vessel owners which means it is able to offer highly competitive rates for shipping and chartering services. Established in 1956 and formerly known as Unipetrol Nigeria Plc, the company changed its name to Oando Plc in 2003. Oando Plc is a subsidiary of Ocean and Oil Development Partners Limited. Its head office is in Lagos, Nigeria. Oando Plc is listed on the Nigerian Stock Exchangelast_img read more

Lessons learned at St. Andrew’s Children’s Clinic

first_img Associate Rector for Family Ministries Anchorage, AK By Vicki R. FitzsimmonsPosted Jun 28, 2012 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Bath, NC Cathedral Dean Boise, ID June 28, 2012 at 11:10 pm While a visitor at St Andrews, i saw some of the work done , and the smiling faces. Also saw the smiling faces creating more smiling faces! Truly a blessing. Youth Minister Lorton, VA Course Director Jerusalem, Israel Mary Elizabeth Landrum says: The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Associate Priest for Pastoral Care New York, NY Submit an Event Listing Rector Albany, NY Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Family Ministry Coordinator Baton Rouge, LA This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector and Chaplain Eugene, OR An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Assistant/Associate Rector Morristown, NJ Rector Knoxville, TN Comments are closed. Press Release Service Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Assistant/Associate Priest Scottsdale, AZ Rector (FT or PT) Indian River, MI Canon for Family Ministry Jackson, MS In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Belleville, IL Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Vicki Fitzsimmons[Episcopal News Service] On the first Thursday of each month (except July), St. Andrew’s Episcopal Church in Nogales, Arizona, is transformed into St. Andrew’s Children’s Clinic. Here, children living in Mexico (not the U.S.) come for free, specialized medical care; for some it is their last hope. God is at work through volunteers providing health care for children with serious medical conditions, such as spina bifida, cerebral palsy, hearing loss, vision loss, Down syndrome, etc. The parents cannot afford the needed medical care, or Mexican doctors have given up on the patients.St. Andrew’s Children’s Clinic was founded in 1973 by a group of mothers in Nogales, Sonora, Mexico. They had children with cerebral palsy and wanted to know how to help them. One of them knew a therapist in Tucson. When she came to show them how to work with their children, she noted that some could be helped with orthopedic surgery. She invited Dr. Frankel, an orthopedic surgeon in Tucson, to accompany her on her next visit. From this beginning, word spread that these children were being helped in neighbors’ homes. The number of patients became larger, and the informal clinic was moved to a nearby orphanage. When Mexican doctors became concerned about American doctors practicing medicine in Mexico, Dr. Frankel looked for a site across “the line” in Nogales, Arizona. St. Andrew’s Episcopal Church and its parishioners welcomed the small clinic.Dr. Frankel brought in a specialist to fit braces and prostheses. An audiologist was recruited when it was noted that many children did not hear well. Word of mouth increased both the number of patients and number and variety of health professionals who volunteered. In 1977 the clinic began a partnership with Shriners hospitals in Spokane and Sacramento to provide needed surgeries. Doctors and nurses from these hospitals come to each clinic to assess children for surgery at their hospitals and to do follow-up on their patients. The clinic arranges and finances transportation for each patient and one parent.In 1990, St. Andrew’s Children’s Clinic, Inc. received its 501(c)(3) status. The board of directors appointed the Rev. Ed Gustafson, an Episcopal priest, as its first executive director. The clinic has continued to grow and has stabilized to approximately 200-250 patients per clinic day. The health departments staffed by volunteers are audiology, cardiology, dermatology, nutrition, occupational therapy, orthotics, orthopedics, Reiki therapy, pediatrics, physical therapy, psychology, speech therapy, and  vision. Specialists fit children with special shoes, wheelchairs, strollers, and walkers. All is provided free to the patients.I was invited to visit the clinic by friends I knew from attending St. Francis-in-the-Valley Episcopal Church in Green Valley, approximately 30 miles north of Nogales. I went, had a tour, felt that I could do something, and returned the next month to volunteer in the kitchen. At the time, I was spending the summer doing research and writing in our vacation home in Green Valley. While at the clinic, I felt this wonderful presence in the church, so I went to church services on Sunday and was welcomed by the parishioners. When my husband Jim returned to take me back to Illinois, I told him that I had changed churches and hoped he didn’t mind.I returned to the University of Illinois for the academic year where I taught personal finance. My mind kept returning to the clinic. I was also preparing for retirement and wondering what I would do in retirement. I prayed for direction, and the answer was that I hadn’t seen a newsletter for the clinic. Since I wrote a personal finance newsletter for high school teachers, I thought this would be a good fit. When we retired and met with Fr. Ed about what we could do for the clinic, I told him what answer had been given to my prayer. He said, “And I’ve been praying for a newsletter editor.” Incidentally, Jim became involved too, first driving the van to transport patients and families between the border and the church on clinic day, then helping to transform the church to a clinic and back, and now treasurer and clinic board member.Now I write the quarterly newsletter, take photos for the website as well as for the newsletter, and handle any needed publicity for the clinic. In this role, I go to all the departments throughout the church and preschool building, even the rector’s office, on clinic day and interview doctors, patients, and parents. Sometimes I have an interpreter working with me; sometimes not. I speak a little Spanish, which helps.What I do is a labor of love -I am a volunteer. I have learned that it’s not about me and what I do; it’s about the children who come to our clinic. Their smiles as they receive needed care or a new wheel chair makes all my time and energy worthwhile.Angela, born with only partial legs, shows her new prosthetic feet. Photo/Vicki FitzsimmonsI get to see the wonderful work that our volunteer doctors and health care practitioners do at every clinic. Veronica was born with a severely deformed foot, one she would never be able to walk on. She went to Shriners Hospital for amputation of her foot. To do a story for the clinic newsletter, Jim and I went to Tucson to see the preliminary fitting of her new prosthesis. What joy on that child’s face! Three years later, her mother showed me a prized possession – a gold medal Veronica won in a race using her prosthetic leg. Her mother was so proud of her daughter.Angela was born with no feet and partial legs. She, too, had surgery to amputate her legs. When she was seven, we took her to a presentation of funds to charities. Angela walked and danced her way to the front of the room on her “stubbies” (precursors to prostheses) so she could receive the check for the clinic. She smiled from ear to ear. There was not a dry eye in the room. What courage and stamina in such a small child!There are lots of stories I could share with you, but there is no space here. Please go to our website to learn more about this heart-warming clinic.I also raise funds for clinic patients who cannot speak but can use an alternative communication device such as the SpringBoard, which can be programmed to “talk” with family, friends, and teachers when the child touches parts of the screen. I feel a special bond with these children because I could not talk until I was four years old. Fortunately, I had an easy “fix”; I was tongue-tied. The doctor clipped the membrane holding down my tongue, and I started talking paragraphs. My family says I have never stopped talking since!To raise these funds, once a year I perform a voice recital. Singing is my hobby, and I have taken voice lessons for several years. I enjoy putting together the program, which includes showing an eight-minute video about the clinic, available on our website. Donated funds are targeted to pay for a communications device for a selected child. In March, José Luís got his device and when he saw it, his eyes lit up. He went right to it and started putting phrases together. He had been watching the other children work with their SpringBoards each month while he waited for his device so he knew exactly what to do. What joy I felt watching him communicate more fully for the first time!In the 11 years that I have been involved with this wonderful clinic, I have learned many things: (a) knowledge of a variety of medical problems that were new to me, (b) a greater understanding of Mexican culture and peoples, (c) the joy of being able to communicate with patients and parents in my limited Spanish, and (d) patience. I have watched patients and their parents wait for several hours to see different doctors and therapists. Many of them have traveled 3 to 15 hours or more to arrive at our clinic and waited in line to be processed through Immigration at the border. And, at the end of clinic day, they will travel many miles again before arriving home. And they never complain. When I have to wait in line at the bank, post office, or grocery, I think about all the patience I have seen demonstrated at the clinic, and I wait, patiently.— Vicki R. Fitzsimmons, Ph.D., is a member of St. Andrew’s Episcopal Church, Nogales, Arizona. Featured Jobs & Calls Rector/Priest in Charge (PT) Lisbon, ME Rector Pittsburgh, PA center_img Curate Diocese of Nebraska Children Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Smithfield, NC Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Priest Associate or Director of Adult Ministries Greenville, SC The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Submit a Job Listing Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Submit a Press Release Rector Martinsville, VA Tags Missioner for Disaster Resilience Sacramento, CA Rector Collierville, TN Featured Events Rector Washington, DC New Berrigan Book With Episcopal Roots Cascade Books Director of Administration & Finance Atlanta, GA Rector Hopkinsville, KY Rector Shreveport, LA Assistant/Associate Rector Washington, DC Bishop Diocesan Springfield, IL Priest-in-Charge Lebanon, OH Comments (1) Associate Rector Columbus, GA Curate (Associate & Priest-in-Charge) Traverse City, MI TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Director of Music Morristown, NJ Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Lessons learned at St. Andrew’s Children’s Clinic Rector Tampa, FLlast_img read more

Franktown Ranch / Sexton Lawton Architecture

first_imgArchitects: Sexton Lawton Architecture Area Area of this architecture project Projects CopyHouses•Franktown, United States United States Save this picture!© Raul J. Garcia+ 23 Share CopyAbout this officeSexton Lawton ArchitectureOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesWoodHousesFranktownUnited StatesPublished on February 01, 2011Cite: “Franktown Ranch / Sexton Lawton Architecture” 01 Feb 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogMetal PanelsAurubisMill Finished Copper: Nordic StandardWindowsMitrexSolar WindowAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesBulbs / SpotsCocowebLighting – Compact Gallery White TracklightConcreteKrytonCrystalline Waterproofing – KIMSealantsEffisusCrossing Perforations on RoofsWall / Ceiling LightsLouis PoulsenLamp – LP RiplsTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea CosmosWood Boards / HPL PanelsInvestwoodValchromat Panels for Interior DesignWindowspanoramah!®ah! MotorisationHingesSaliceHinges – PactaDrawers / Filing Cabinets / ShelvesBeneStorage Partition – PORTS StorageMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Houses ArchDaily “COPY” 2008 Photographs:  Raul J. GarciaText description provided by the architects. Situated on a remote 40 acre horse ranch, this 4,300 sf residence is oriented to take advantage of the expansive views of Pike’s Peak and the Colorado Rocky Mountain range. The heavy timber structural system is exposed both inside and out, and allows for a double-height great room with second story loft. Humble materials such as rusted metal, stone, and weathered wood draw reference to the agricultural heritage of the surrounding town.Save this picture!© Raul J. GarciaRecommended ProductsDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemLightsVibiaCeiling Lights – BIGDoorsLinvisibileLinvisibile Curved Hinged Door | AlbaDoorsLibartVertical Retracting Doors – Panora ViewProject gallerySee allShow lessAD Classics: Berlin PhilharmonicArticlesSuccess by Design / Jenn KennedyArticles Share Photographs Franktown Ranch / Sexton Lawton Architecture ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/107555/franktown-ranch-sexton-lawton-architecture Clipboard Area:  4300 ft² Year Completion year of this architecture project Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/107555/franktown-ranch-sexton-lawton-architecture Clipboard Franktown Ranch / Sexton Lawton ArchitectureSave this projectSaveFranktown Ranch / Sexton Lawton Architecture “COPY”last_img read more

Lake District authority asks fundraisers to cut back on hillwalking events

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. If this were not possible then she recommended that such events do at least adhere to the Code of Practice set out by the Institute of Fundraising and the UK’s National Parks. Lake District authority asks fundraisers to cut back on hillwalking events AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 25 November 2004 | Newscenter_img Lakeland Today reports that the Lake District National Park Authority has appealed to fundraisers to take a break from organising Three Peaks Challenges.Area Ranger manager Sara Clarke told Lakeland Today that, although there is a code of conduct on such events, the increasing popularity of fundraising events in the Lake District “has annoyed local residents and further damaged routes up to England’s highest mountain – Scafell.”She encouraged fundraisers to be more creative in choosing alternative ways to raise funds. “Perhaps have a break from the Three Peaks Challenge for a year or two and look at other ways money can be raised through enjoyable outdoor events,” she said. Advertisement  20 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Eventslast_img read more

RNLI uses SMS competition to fundraise during summer season

first_imgRNLI uses SMS competition to fundraise during summer season Tagged with: Digital Events Promotional A new interactive SMS competition, giving visitors to the seaside the chance to win a Beach Beat surfboard, is being launched by the RNLI to boost fundraising on the beaches.A special promotional car sticker will be available from all RNLI beach lifeguard patrolled beaches. The special stickers will encourage beach goers to participate in the competition by texting the word BEACH to a special SMS line.The new initiative – based on a successful pilot scheme in 2004 – will be introduced on a larger scale throughout the 59 RNLI lifeguard patrolled beaches in the South of England, in advance of the summer break. Advertisement  25 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis SMS lines will be open from 23 June to 19 September 2005, the winner will be advised on 3 October 2005.center_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 16 June 2005 | Newslast_img read more

Molson Coors UK chooses Whizz-Kidz as two-year charity partner

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: corporate About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Following a staff vote Molson Coors employees have chosen Whizz-Kidz to be their new corporate charity partner for the next two years.The new partnership with Whizz-Kidz follows a three-year partnership with learning disability charity, Mencap, where employees raised more than £230,000 for the charity.Whizz-Kidz is a charity that is all about giving disabled children and young people the independence to enjoy an active childhood – through equipment such as powered wheelchairs – at home, at school and at play.Over 70,000 disabled children and young people in the UK don’t have mobility equipment appropriate to their needs. The charity provides this, as well as skills training, confidence building, and work placements to help transform their lives. In doing so, Whizz-Kidz gives them something much more important; the independence to be themselves.Molson Coors (UK) CEO, Mark Hunter, said: “Our corporate charity is a key element of our commitment to Corporate Responsibility and we’re very excited about our partnership with Whizz-Kidz. We will now be working closely with Whizz-Kidz to work up a calendar of events that will be both fun and engaging – and give us all the opportunity to raise money for a fantastic cause.”Ruth Owen, Chief Executive of Whizz-Kidz, added: “We are absolutely thrilled to have been selected by Molson Coors (UK) as its chosen charity for 2010 through to 2012.“Disabled children stand virtually no chance of getting a powered wheelchair on the NHS. Through Molson Coors’ funding of powered and manual wheelchairs and training, more children will have the opportunities previously denied them. Together, we will raise more money to make real differences to young lives.”To learn more about the work of Whizz-Kidz visit: www.whizz-kidz.org.uk Molson Coors UK chooses Whizz-Kidz as two-year charity partner  50 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 20 July 2010 | Newslast_img read more

Lottery funding for Olympics should be returned to good causes, says Public Accounts Committee

first_imgLottery funding for Olympics should be returned to good causes, says Public Accounts Committee About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 19 April 2013 | News  18 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Given this, the report urged the London Legacy Development Corporation to give priority to the Lottery in its decisions.The Public Accounts Committee’s report examined examined the staging of the London 2012 Games and plans for delivering the legacy. Big Lottery Refund CampaignThe Directory of Social Change (DSC) has welcomed the Committee’s report. It is campaigning for the £425 million taken specifically from the Big Lottery Fund to finance the infrastructure for the Games to be returned. Its Big Lottery Refund campaign has attracted support from over 3,400 charities from across the UK.Jay Kennedy, Director of Policy at DSC said: “It’s encouraging to see so many of our concerns being recognised by the Public Accounts Committee, especially the acknowledgement that the Lottery’s interests have been largely ignored. Tens of thousands of charities and countless vulnerable individuals and communities have suffered as a result of this money being taken, and its return is long overdue”.He added: “There is an opportunity here to make this right. The underspend on the Games shows that much of the money didn’t need to be taken from charities in the first place, and there is no reason to delay its return any longer.” The current arrangement would not see money returned to the Lottery until the end of the 2020’s, following sales of the assets. Lottery money for good causes that was diverted to fund the London Olympics should be returned to good causes, according to the Public Accounts Committee in a report published today.The Rt Hon Margaret Hodge MP, Chair of the Committee, today said: “Lottery good causes lost money during the period running up to the Games. They need to be assured that they will get some of this back from the financial returns secured from the development of the Olympic Park.”The Lottery provided more than £2 billion towards the costs of the Games but has little influence over decisions by the London Legacy Development Corporation about the timing and value of sales over the next two decades. It is not clear that their interest is being adequately promoted and protected.” Advertisementlast_img read more

JustGiving completes registration with Fundraising Regulator

first_img“We are pleased to have JustGiving sign up to the Code of Fundraising Practice. The Code was created to ensure that the public can have trust in our sector, and with online donations continuing to grow, it is more important than ever that platforms like JustGiving commit to upholding that code. We look forward to working closely with JustGiving to do just that.”JustGiving has also been working with charity partners since November on a consultationprocess discussing how to best work together going forward and is planning to release the outcomes of this consultation in the coming months.  175 total views,  1 views today Tagged with: Fundraising Regulator Justgiving online fundraising sites JustGiving has announced that it has completed its registration with the Fundraising Regulator, which, it says, makes it the first major online giving platform to sign up to the Code of Fundraising Practice.The giving platform has been working with the Regulator to ensure thatit provides the clearest information possible to fundraisers and donors oftheir rights and responsibilities, as well as what they can expect from JustGiving interms of service, costs and security.Keith Williams, General Manager of JustGiving in the UK and Ireland, said:“JustGiving sees our continued and close partnership with the Fundraising Regulator as a fundamental way to begin to strengthen public trust in the charity sector. With the changing and deepening consumer expectations around trust and consumer experience, this will be a renewed commitment from JustGiving to our charity partners to work closely, collaboratively and openly to ensure we are providing clear guidance to donors, fundraisers and charity partners alike.Gerald Oppenheim, Chief Executive at the Fundraising Regulator said: Advertisement Melanie May | 14 January 2019 | News  176 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis6center_img JustGiving completes registration with Fundraising Regulator About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis6last_img read more