Lloyd & Whyte Community Broking, which is based in Taunton, has given a cheque for £2,500 to St Margaret’s Hospice Care.

The cheque was presented to the charity by Paul Short, the managing director of the business, which is part of the Benefact Group.

He was joined by Sir Stephen Lamport, the director at Ecclesiastical Insurance, who was representing the Benefact Group.

The money was raised during the company’s annual Founders Day, which is held every June in honour of the company’s founder, Mervyn Pyke.

At the event, employees took part in a variety of activities, including games and craft sales, bake sales and sponsored challenges, to raise money for charity.

The Benefact Group then matched the money raised.

The company has also chosen St Margaret’s Hospice as its corporate charity in Taunton.

Mr Short said: “St Margaret’s Hospice holds a special place in the hearts of many of our team members, and we’re proud to play a small part in helping them continue their essential work for families across Somerset.

“By doing business with us, clients not only receive expert advice and solutions, but also contribute to the Benefact Group’s wider Movement for Good and its charitable giving programmes.”

St Margaret’s Hospice supports thousands of people every year who are facing life-limiting illnesses.

The charity costs £15m a year to run, but rising costs and growing demand are putting pressure on the service.

Sir Stephen said: “The Benefact Group is proud to stand alongside Lloyd & Whyte in supporting St Margaret’s Hospice.

“With philanthropy at our foundation, we’re building something bigger – helping to better lives.

“Organisations like this, rooted in their local communities, make our mission of doing good while doing business truly meaningful.”

The cheque was presented to hospice representatives David Slack, the director of finance and company secretary, and Clare Barton, the clinical director.

Lloyd & Whyte was founded in Taunton in 1946 and has grown from a community-based broker into a national provider of specialist insurance services.

It supports clients across commercial, healthcare, charity and professional sectors.

The Benefact Group owns Lloyd & Whyte and donates all available profits to charity.