BTN News: Foresters Financial, the purpose-driven financial solutions provider, today celebrates its 150th anniversary; this notable moment represents a significant milestone for the fraternal benefit society in the Americas and the United Kingdom. Foresters have been dedicated to the well-being of families for 150 years, much as this elite group has shared the means to economic stability and growth across centuries. This anniversary serves as a testament to Foresters enduring desire to help its members live well their whole lives through their core values of community support, protection and mutual aid.
Poised for Success, Thrive HealthStyle is Built on Long History of Service and Community Impact
Foresters Financial was founded in 1874 with a mission to provide life insurance access to average working families. Foresters have grown over the years to offer a number of life insurance and savings products that help 2.6 million customers over three countries. Over the past 150 years, Foresters has demonstrated a long and proud history of monitoring and enhancing their members’ well-being and supporting their communities, with annual investments in the hundreds of millions of dollars in member benefits and community partnerships.
Foresters Financial is not only celebrating its history; we’re affirming our commitment to the future, said Matt Berman, President and CEO of Foresters Financial. We’ve created a tradition of helping average folks gain financial independence for the long term, and as we advance, we are focusing on leading ingenuity and transforming to handle the changing requirements of our advisers as well as our associates in every nation in which we offer services.
150th Anniversary Initiatives by the Foresters
In recognition of its 150th anniversary, Foresters Life Insurance Co. started 150 Big Give. The program — in which members can nominate a charity in each country in which Foresters does business — provides £50,000 to each charity that is selected. This initiative highlights Foresters commitment to helping local communities.
Foresters also announced in April 2024 a one-time £150 top-up to one of the two annual £200 Foresters Care grants in celebration of National Volunteer Week. With more than double the initial grant amount, members were able to take even bolder actions like putting together care kits for shelters, cleaning up parks, and supporting existing food banks. A photo of this do-gooder transformed into her plain-Jane alter ego quickly made the rounds on social media, prompting a flood of similar testimonials – a member who had used her grant to donate a large bundle of diapers to a local food bank; another who had sounded the alarm on a bout of food poisoning that may have infected others at a restaurant – capturing the ways in which members of Foresters Benefit Society contribute in diverse ways to the communities they live in.
Looking to the Future
Foresters Financial UK CEO, Nici Audhlam-Gardiner, commented on the impact the organization has made in communities: “150 years is an incredible milestone for a business. For more than 140 years, Foresters Financial has been a common force for good for business families, helping bridge the advice gap and assisting families when making decisions to improve their financial well-being. Together, we are excited to create an even brighter future for the generations to come.
The company has always aimed to serve the best interest of its customers, by continually evolving their offer, always keeping with their original values. For generations, the organization has been providing financial shield and communal assistance.
About Foresters Financial
Since 1874, Foresters Financial has been providing socially responsible financial services to individuals and families. In addition to financial products, Foresters provides members with the ability to improve their health, give support to their community and make a difference for causes they care about. Sustainability, environmental preservation, and social responsibility are at the heart of Foresters’ commitment on a global scale. This commitment has resulted in lasting life-changing results for its members with Foresters Care grants and Competitive Scholarships, creating a planet in which more good takes place.
For additional uplifting stories and 150 years of inspiring Foresters history visit foresters.com/150years.