IGI provides insurance cover for NUGA participants

INDUSTRIAL and General Insurance (IGI) Plc, a foremost sports-friendly insurance company, in furtherance of its sponsorship of sports in Nigeria and commitment to youth development, has announced a donation of N30 million to sponsor the 2011 National Universities Games (NUGA).

The ongoing Games, which is being hosted by the University of Benin will witness participation by all universities in the country, with athletes competing for laurels in various sports, notably football, athletics, swimming, handball and basketball, among others.

IGI is the ‘official insurer’ of the games.
IGI’s sponsorship package includes N24 million Group Personal Accident insurance cover of all NUGA participants (athletes and officials), N1 million cash donation to the host, University of Benin, and the kitting of the host’s contingent in select sports.

The Executive Vice Chairman of IGI, Mr Remi Olowude, said: “IGI has always provided moral and financial aid to sportsmen and women in Nigeria, and we believe that we should make our modest contribution to raising the standard of performance in sports at the tertiary level of education in Nigeria through NUGA, a sporting competition that has produced great sports personalities for Nigeria over the years.”

The N1 million cash donation to UNIBEN and the policy documents of the N24 million worth insurance cover of all the 2011 NUGA participants were recently handed over to the Local Organising Committee (LOC) in Benin. Kits for the UNIBEN contingent were also handed over to the university.

Mr Olowude said, “We believe that our involvement in the games will help to rekindle the true spirit of sportsmanship and foster national unity through interaction among students of the country’s tertiary institutions,”

He, however, disclosed that the company was the ‘official insurer’ of the last NUGA Games (NUGA 2009) hosted by the University of Nigeria, Nsukka, in 2009.

IGI, he said, was also the ‘official insurer’ of all the Nigerian national football teams and the Nigeria Premier League.

Source : Tribune