QBE Insurance Australia has joined the global Inclusion Action Plan ( FIAP ) launched by the Australian charity , Good Shepherd Microfinance , EY and the Centre for sustainable Impact to support increased financial inclusion in the country . QBE Australia global CEO Vivek Bhatia said millions of Australians lived in or close to financial vulnerability and poverty and that joining the FIAP was a “ natural next step ” in the company ’s commitment to tackling the problem . The ##force has already given almost AUD1.5 m ( $ 1.05 m ) to charity and launched its Premiums4Good programme to generate support for social enterprise investment schemes .
QBE Insurance Australia has joined the Financial Inclusion Action Plan (FIAP) launched by the Australian government, Good Shepherd Microfinance, EY and the Centre for Social Impact to support increased financial inclusion in the country. QBE Australia Pacific CEO Vivek Bhatia said millions of Australians lived in or close to financial vulnerability and poverty and that joining the FIAP was a “natural next step” in the company’s commitment to tackling the problem. The firm has already given almost AUD1.5m ($1.05m) to charity and launched its Premiums4Good programme to generate support for social impact investment bonds.