Sochi 2014 agrees $40m sponsorship 21/09/2010 |
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OSAO Ingosstrakh has signed up as an official partner of the Sochi 2014 Winter Olympics in a $40m deal.
The company will also become an official partner of the Russian Olympic and Paralympic Committees until the end of 2016, as well as official insurance partner to each of the 2012, 2014 and 2016 Russian Olympic and Paralympic teams.
“It is a great honour for us to become a partner of the Sochi 2014 Olympic and Paralympic Games.” said OSAO Ingosstrakh general director Alexander Grigoriev.
“Ingosstrakh was the general insurer for the 1980 Moscow Olympic Games, and 34 years later, it will be a partner of Russia’s first Winter Games. We are very proud of this status.”
Dmitry Chernyshenko, president and chief executive of Sochi 2014, added: “Signing contracts with one of the leading Russian insurance companies makes us confident that the Games are reliably insured.
“Ingosstrakh will provide a world-leading service and will be part of ensuring that Sochi 2014 stages an innovative and inspirational Winter Games.”
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