GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)--During this time of year, full of gift-giving and celebrating with loved ones, we must remember those affected by the horrible disaster in the Philippines. As a strong nation constantly impaired by natural disasters, the destruction of Typhoon Haiyan seems to be measured as the worst. Comprehending the impact a simple gift can have on those who have lost so much, Investors Trust Assurance SPC (“ITA”) is donating PHP 450,000 to the aid organization, World Vision, to provide emergency relief supplies to the people suffering in the Philippines.
“Especially during this time of year, it is unmeasurable to understand the devastation many people have faced and continue to face on the other side of the world,” said Managing Director, William Zelaya.
While relief efforts have been underway since the storm hit on November 8th, long-term aid is imperative to rebuild the destruction of Haiyan. The typhoon damaged millions of dollars’ worth of crops and infrastructure. It has destroyed half-a-million homes and displaced thousands of locals. As progress continues and rescue efforts are reaching the survivors, the catastrophic damage to crops and infrastructure will need on-going support and funding for economic relief.
We have chosen to partner, once again, with World Vision in their support efforts in the Philippines. Previous partnerships with World Vision have proven to be successful, thus impacting our confidence in the collaborated mission to bring hope to those in affected areas.
"They share ITA’s ideology that survivors need immediate basic supplies as well as long-term support,” Zelaya explained. “Together we can bring hope to these families and they will be able to rebuild both their lives and their spirits.”
About ITA
Investors Trust Assurance SPC is an A.M. Best "B++" rated leader in the offshore insurance business offering comprehensive unit-linked insurance plans to investors around the world. ITA is a registered insurance company holding a Class B Insurer License from the Cayman Islands Monetary Authority. ITA seeks to provide opportunities to policyholders through access to the global financial markets. Visit www.investors-trust.com for more information.
About World Vision
World Vision is a Christian relief, development, and advocacy organization dedicated to working with children, families, and their communities worldwide to reach their full potential by tackling the causes of poverty and injustice. For more information on their efforts, visit WorldVision.org/press or follow them on Twitter at @WorldVisionNews.