Nigeria: Staco Insurance Sponsors Ikoyi Club Tournament with N10m
November 6, 2008 by Bunmi Awolusi
In a way giving back to the public, Staco Insurance Plc, the 5th biggest insurance company in Nigeria, is sponsoring the Ikoyi Club 1938 Tennis Tournament with N10 million.
The tennis tournament which kicked off recently and expected to end on Saturday, sees 8 teams of 10 individuals in each team, wear Staco branded items of different product series; Staco Personal Accident, Staco Bond, Staco Money Policy, Staco 3r Motor, Staco Fire policy, Staco Contractors, Staco Marine Policy and Staco Burglary. 200 branded face caps and T- shirts will also be available throughout the competition.
An interesting thing about the tournament is that every participant wins. The 1st to 3rd leading teams gets 10 plasma LCD Philips television, 10 table top refrigerators and 20 DVC hyper systems while other participants will have 40 Philips steam iron.
Staco also provided full insurance cover of N500000 benefit in case of death or permanent disability and N100000 for medical for all the participants.
Dere Otubu, Chairman, Staco Insurance Plc, said the support is an evidence of the company’s commitment to human development and social responsibility. Adding that Staco will continue to plant its presence in every area of the country in order to impact into people’s lives and be the leading company in the insurance industry.
On behalf of the members of the Ikoyi Club 1938, Chike Ojiakor, Chairman of Lawn Tennis Session, expressed gratitude to the company for the kind gesture and total support to the development of lawn tennis.
