GoodWorks Insurance, LLC, a Massachusetts insurance agency that promises to donate 50 percent of its profits to local charities, has expanded into Connecticut with a branch office in Granby.
The Granby agency will sell personal and business insurance products, while pledging half of its annual operating profits to local charities.
“We are excited to offer Connecticut citizens an opportunity to partner with us in our philanthropic mission of enhancing local communities,” said Joseph L. Grochmal, president and CEO of GoodWorks. “We intend to contribute to multiple communities across the state, starting with Hartford County.”
GoodWorks promises to donate 50 percent of its annual operating profits (minimum $15,000) to local non-profit organizations serving education, healthcare, and public safety. Each organization will determine how funds are allocated within each community.
A percentage of GoodWorks’ charitable donations will return to a customer’s town of residence. “For example, if a Glastonbury resident purchases a policy from Good-Works, a percentage of our community donations will be allocated to the Town of Glastonbury,” said Grochmal.
Today, the Granby office made its first donation of $4,000 to the Granby Education Foundation. Funds will be utilized to provide innovative educational programs in Granby.
In April, GoodWorks introduced its unique corporate philosophy to Massachusetts with the opening of its first branch in Great Barrington.
Insurers including Arbella Insurance, Chubb, Litchfield Mutual, National Grange Mutual, Patrons Insurance, St. Paul/Travelers, The Hartford, and Drive Insurance from Progressive have appointed GoodWorks. Grochmal said other appointments from nationally recognized insurance carriers are presently in the works.
GoodWorks delivers its 50 percent donation commitment in the form of an enforceable Charitable Contract, which holds GoodWorks responsible for providing donations and for remaining a fully transparent organization.
GoodWorks plans to open branch offices throughout Connecticut, Massachusetts, and eastern New York before expanding nationally.
GoodWorks is headquartered in North Canaan, Conn.
Topics Massachusetts Connecticut
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