Arch & XL Donate $3 Million For New Wing
The Bermuda Hospitals Charitable Trust [BHCT] received a $3 million donation from Arch Capital Group and XL Group as a joint gift for the new reception lobby in the Acute Care Wing.
This donation was made as part of the Why it Matters campaign, which is still actively raising funds to reach the $40 million target set to fund the initial payment for the KEMH Redevelopment Project.
“Arch Capital Group and XL Group have moved our campaign closer towards our goal,” said Philip Butterfield, BHCT Chairman. “We are truly gratified by this act of generosity which demonstrates their commitment to our community.”
A spokesperson said, “Arch Capital Group and XL Group have named the area Arch XL Reception Lobby. The lobby serves as the main entrance to the Acute Care Wing, offering a link to the General Wing and access to the Healing Garden.
“Open to the public every day from 6.30am to 8.00pm, the Arch XL Reception Lobby is the primary access point for most of the hospitals’ many services.”
From left to right: Jonathan Brewin, Chairman of Bermuda Hospitals Board; Venetta Symonds, CEO of Bermuda Hospitals Board; Dinos Iordanou, Chairman, President and CEO of Arch Capital Group Ltd; Kirstin Gould, Executive Vice President, General Counsel and Secretary of XL Group; Philip Butterfield, Chairman of BHCT and Ralph Richardson, Executive Director of BHCT
Dinos Iordanou, Chairman, President and CEO of Arch Capital Group Ltd said, “Healthcare is critically important to every community. It is important to all of our employees and every person who resides in Bermuda. We are delighted that we were able to contribute to the Why it Matters campaign in order to make their vision a reality.”
XL Group CEO Mike McGavick added, “As KEMH is the only medical hospital on the island, it is imperative that it remains a state-of-the-art facility, equipped to meet the needs of the community. The accomplishments of the Why it Matters campaign are truly impressive and we are pleased to be able to contribute to this very worthy effort.”
“This new two-story lobby is bright and airy with 1,232.5 square feet of space, and provides a calming atmosphere for all visitors, but especially patients and their loved ones. A waiting area with a large information monitor provides visitors with a wealth of information on hospital services, rules and regulations as well as general health and wellness messages.
“The information desk and security are combined in this area with clerks who can direct visitors where to go for services they may require or the patient they’ve come to visit. An outpatient pharmacy will open soon in the lobby, along with ATM machines and a new Wellness Promotion area.
“The Hospitals Auxiliary Board Gift Shop and the Donor Wall are also in the immediate vicinity.”
Here is a prime example of the benefits that IB brings to BDA! And this is on top of the charity donations and scholarships that these firms provide to the locals.
Thanks to both organizations.
Well appreciated, but a drop in de bucket compared to what profits they make, keep it coming.
Those profits can be made away from Bermuda.
Let’s just give credit where it’s due.
Simple thanks for contributing to our community will suffice.
Not asking for more. Manners much?
Thanks IB. You make Bermuda a much better place.
IB in – Kunta out.
the not de
How much of your profits do YOU give to charitable causes?
I’ll wait.
Over three Generations of Blood, Sweat and Tears !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
People like you make these companies and their families feel unwelcome – if I were them listening to your nonsense, I would think twice about being here, renting Bermudian houses, shopping in Bermudas supermarkets, paying for private schooling (run by Bermudian teachers) OH and paying taxes towards the Govt schools, visiting Bermudian healthcare system. How on earth could this tiny island survive with ‘pure’ Bamujans … really? Most Bermudians are married to non Bermudians somewhere along the way – otherwise how would there be such a population! You are so small minded and representative of so many people here who think Bermuda is big enough to do it alone.
@Kunta, you are consistently the most negative blogger to post here, unless of course you are blogging about a PLP media release.
Can’t you just say thanks!
Hey Dreamers, I guess you didn’t read “WELL APPRITIATED”, but yet you want to highlight a true statement that may seem offensive or disrespectful.
The truth of the matter is, we as the PAWNS in this global chess game are like the peasants in Medieval times where we give homage to the wealthy rulers and have a submissive ideology of how we think or speak about them.
The world has 946 Billionaires worth approximately $3.6 billion each % wise, and 36 of them in India who are worth approximately $191 Billion between them and we have millions and millions of people living below the poverty line starving to death.
So its not my intention to disrespect our great PHILANTHROPIST but something is wrong with a picture when we get all excited when someone gives us a bone after they ate all de chicken.
But like I said from my first statement (for those of you who just might have over looked it) well appreciated.
Well done. Thank you IB. after all you live here too.
Thank you Arch XL and all the others that do so much for this country and have to endure a lack of gratitude at the hands of the very people whose lives are enriched by your generosity and community committment.
Oh please. $3 million? That is nothing compared to the profits these companies rake in annually. Yes, it’s a nice gesture, but believe me – these companies get far more out of Bermuda than they put in. They are here to make money, not “enrich” our lives. They have no loyalty here, don’t you realize that their big office buildings employ, like, half the staff they used too? Certain jobs have been outsourced to cheaper locations, because that is what companies do. People know that, I see no ingratitude in pointing out the truth. And don’t they use the hospital too? You act like only Bermudians receive treatment there.
So you and Kunta expect these companies to pay more than they do just so you can keep your income? Dream on. Bermuda has to fight to keep these companies here, let alone attract new ones. Try and make them pay more and they will move. If you are Government employees save as much as you can because the real drop in employment and pay is about to come. You deserve it with that misguided attitude.
So, where in my post did I say anything about making them pay more?? I did not. I made a correlation between the amount they gave and the total profits they have earned in Bermuda over their time here. The $3 million, while generous, is a small amount compared to their total earnings, but they are free to give (or not give) as they choose. If I have $1 million in the bank and I give a homeless person $10, does that make me a hero? Not exactly. But I also pointed out that the donation to the hospital benefits THEM as well, since it’s there for their use as well as Bermudians. So it’s not totally altruistic, in my opinion (particularly when done as a photo-op).
Furthermore Ringmaster, I would not gloat if I were you, about the “real drop in employment and pay” for Government employees, as I am sure you realize that this would further deepen Bermuda’s recession. People who are not working or earning are also not SPENDING, which causes further contraction in the economy.
While I am not a Government employee (I work in IB actually) perhaps the Governmemt workers SHOULD take your advice. I am in full support of any Government worker who wants to cut thier cable bill, slash their BELCO bill, and start growing their own food rather than purchase the overpriced garbage in our grocery stores (some steps I have already taken myself), to lead a happier and healthier life, while sticking it to the man.
But if these workers DO lose their jobs and have to go on Financial Assistance, YOU will be paying for that too, I hope you realize. So perhaps you are the one with the misguided attitude here.
You say that ‘people who are not earning are not spending’. Yet when someone suggests that more IB employees in Bermuda would stimulate the economy, no one wants to understand that.
Portia. Let us be honest here.
How much of that money that they used to generate profits originated in Bermuda? I would say ZERO.
So this is a Net plus for Bermuda is it not?
You don’t even live here anymore do you Portia, so you contribute NOTHING to the island.
Can you remind us how much IB has contributed in total to this project Portia?
And also how much you have contributed Portia?
Can someone remind me how much Portia an Kunta have contributed?
Can’t speak for Portia, but to date, Kunta has contributed nothing of any value to this site – that’s for sure.
I am saddened that people actually look through generosity and desire to pay back to community as exhibited in this blog.
Therre are net givers and net takers in this world–the givers tend to be the builders and leadership.
IB makes Bermuda a better place–and we Bermudians appreciate all that IB does–
As do the Young Bermuda Voting Block—who is really taking notice of this backward thinking that is being displayed publicly lately—
We require ourleaders to be more broad minded and global thinkers–our votes will follow this logic–
It’s $3 million they are under no obligation to pay – and our lives are enriched by it. It is a small portion of the donations made each year, none of which are required, and all of which enrich our lives.
And there are those in our community that think we don’t need these companys here!! Thank you so much Arch Capital & XL for your generosity!
I too thank Arch and XL for their generosity.
I must also say that Portia and Kunta you seem well versed in the world of IB ,”BUT” You excel in the world of A_ _ H_ _ _ _ !!!!