Mone Insurance continues a record of giving to Island nonprofits

Mone Insurance continues a record of giving to Island nonprofits

Bob Mone, owner of Mone Insurance on Beach Road, holds facsimiles of two checks, one for $5,000, given to Hospice of Martha's Vineyard, the other in the amount of $1,333, given to Island Food Pantry. Mr. Mone and the Arbella Insurance Foundation have combined to give more than $55,000 to Island nonprofits during the past eight years.

Robert Mone and the insurance company that bears his name have for years teamed with the Arbella Insurance Group to support many of the Island nonprofit efforts to help Vineyarders in need. The total of their joint efforts since 2005 is greater than $55,000.

The support has gone to the Red Cross, the Island Food Pantry, Martha’s Vineyard Arena, the Avon Walk for Breast Cancer, Hospice of Martha’s Vineyard, Big Brother, Big Sister, the Martha’s Vineyard Hospital, and this year, to One Fund Boston.

Mr. Mone, who lives in West Tisbury with his wife Gayle, founded his Beach Road insurance company in 1994. He is its sole owner. He has served as a member of the Martha’s Vineyard Commission and as an assessor in West Tisbury. His company’s generosity is multiplied by contributions from the Arbella Insurance Foundation on a one-third-two-thirds formula.

“The only way I know to show how much I love the Vineyard and what the community does for all of us is to try to make some annual monetary contributions to local charities and non profit entities that we all cherish and appreciate,” Mr. Mone told The Times. “Since 2005, Mone Insurance has partnered with the Arbella Insurance Foundation to donate to some of the worthy entities that Gayle and I choose. I have felt that it is the obligation of Mone Insurance to give back what it can, to show my appreciation for the success of my business and the people of the Vineyard that make it all possible.”

The Arbella Insurance Group (www.arbella.com), based in Quincy, is a regional property and casualty insurance company, offering personal and business insurance in Massachusetts and Connecticut, and business insurance in Rhode Island and New Hampshire. The Arbella Insurance Foundation participates in activities and supports nonprofit organizations that have a significant beneficial effect on the people and communities served by Arbella.

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