Page 5 - MidWeek - July 21, 2021

“Island Insurance was founded by my grandfather and a number of other Ha- wai‘i businessmen 80 years ago,” she says.
During this past year, with many feeling hardship, Island Insurance stepped up its al- ready-generous tradition of giving, and gave more than $1 million to Hawai‘i nonprof- its. These donations included $400,000 to organizations providing pandemic relief,
“We’re looking for princi- pals who have high-impact projects that are going to help the schools and again help out the community,” Tokioka explains. Awardees receive
“We’re really proud of this foundation and that Island In- surance has grown to be the only locally owned P&C in- surance company that’s a top- 50 in the nation,” says Tokio- ka, “and that is because of the community that we serve and we really want to thank them for that.”
“They were trying to bring more affordable insurance to the community in Hawai‘i. The community has been so amaz- ing in supporting this business.
— Lianne Bidal Thompson
JULY 21, 2021 MIDWEEK 5
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Island Insurance Founda- tion, which was founded in 2003, is the charitable arm of Island Insurance Co.
Because of their support, we’ve grown into one of the largest locally owned property and casualty insurance companies here in Hawai‘i, and we wanted to make sure we give back to them. Because of that support, Island Insurance is one of the top 50 P&C insurers in the nation; so again, it’s amazing what this community does.”
$300,000 to groups providing educational enrichment, and $300,000 in funding to arts and cultural organizations.
Its president, Dana Tokioka, stresses that the foundation is the way for the company to give back to the community that has supported it since the beginning.
Another major initiative of the foundation is its annual Masayuki Tokioka Excellence in School Leadership Award, which recognizes outstanding public school principals. The award was established in hon- or of its namesake — a public school graduate and founder of Island Insurance Co.
$25,000, of which $10,000 goes to the recipient and $15,000 to their project.
Dana Tokioka
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