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L&G Re’s Lighthouse Connect provides 50 laptops for students of three Bermuda public schools
Lighthouse Connect, an educational initiative launched by Legal & General Reinsurance (L&G Re), has now supplied 120 laptops to Bermuda’s public-school students, after its latest delivery of 50 devices to three schools. More than 100 additional laptops are on order.
13 May 2021
Lighthouse Connect, an educational initiative launched by Legal & General Reinsurance (L&G Re), has now supplied 120 laptops to Bermuda’s public-school students, after its latest delivery of 50 devices to three schools. More than 100 additional laptops are on order.
Of the latest batch, CedarBridge Academy received 41 laptops, while five went to Clearwater Middle School and four to Success Academy. The recipients were children identified by their schools as being in urgent need of the devices to support their ongoing remote learning while schools were closed because of COVID-19 restrictions.
L&G Re established Lighthouse Connect in May last year and provided the initial funding. The Bermuda Community Foundation hosts the fund and the initiative is run in partnership with the Mirrors Programme. The goal is to raise funds to provide free laptops to all Bermuda public-school students to support their education through the pandemic and beyond.
Additional corporate and individual donors are invited to contribute to Lighthouse Connect, which procures laptops in stages as funds are raised. The Ministry of Education-approved devices are distributed in order of need, a process managed by the Mirrors Programme.
Lighthouse Connect addresses the increased need for digital learning tools during the COVID-19 pandemic, while also contributing to the long-term learning of Bermuda public school students. The initiative allows companies and individuals to contribute to the purchase of technology resources in a coordinated and cohesive manner, providing equipment suitable for schools.
Thomas Olunloyo, CEO, Legal & General Reinsurance: "We are delighted to be able to make a positive difference to the lives of these students of CedarBridge Academy, Clearwater Middle School and Success Academy. The switch to remote learning during the pandemic brought the issue of access to technological resources into sharp focus, but in this Digital Age it will remain important for the long term. Providing these essential learning tools is an investment in the potential of Bermuda’s youth."
Further information
Margrit Williams
Director of External Engagement
Legal & General Capital
Notes to editors
Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY23) of which c40% (circa £0.5 trillion) is international.
We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.
As at 7 June 2024, we estimate the Group’s Solvency II coverage ratio to be 224%.
As at 11 June 2024, Legal & General has a market capitalisation of £14.6 billion.
Legal & General Reinsurance is the Bermuda-based global reinsurance hub of Legal & General, offering life and annuity reinsurance solutions.
Legal & General Reinsurance comprises three reinsurance companies (Legal & General Reinsurance Company Limited, Legal & General Reinsurance Company No.2 Limited, and Legal & General America Reinsurance Limited) bringing together Legal & General’s global reinsurance businesses as one operation in Bermuda. Currently we provide specialist life reinsurance solutions, focused on Pension Risk Transfer (PRT) business and internal reassurance to the wider Legal & General Group.
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