Official corporate partnership
amplifies firm's nationwide message to help student athletes and baby
boomers secure their financial future and prepare to live
HARTFORD, Conn. – The
Hartford Financial Services Group, Inc. (NYSE: HIG), one of the
nation's largest financial services and insurance companies, the
National College Athletic Association (NCAA), and CBS Sports announced
today that they have extended their partnership for five years. As an
Official Corporate Partner of the NCAA, The Hartford will engage in a
wide range of joint marketing and program initiatives, including
support of student-athletes through its Playbook for Life program,
which helps educate them on the importance of personal finance
matters. The company’s relationship with the NCAA and CBS Sports began
nearly three years ago in 2004.
“The partnership with the
NCAA and CBS Sports and the excitement of intercollegiate competition
has significantly increased our brand visibility as a leading financial
services provider in the eyes of brokers, agents, and our target baby
boomer customers,” said Ann B. Glover, The Hartford’s senior vice
president and chief marketing officer. “We are thrilled to extend this
partnership for an additional five years. We want the 78 million baby
boomers nearing retirement to know that The Hartford is focused on
providing them with investment products and solutions that help them
secure their financial future.”
As part of the agreement,
The Hartford will continue its NCAA partnership activities with a full
schedule of television advertising to capitalize on the excitement of
the NCAA Division I Men’s Basketball Championship® on CBS Sports.
Throughout NCAA March Madness®, The Hartford’s TV spots will be
prominent on CBS during every round, including the Men’s Final Four®
and the championship game. Through the deal announced today, The
Hartford will have advertising, marketing, promotional and licensing
rights at a total of 88 NCAA national championships in 23 sports,
including women’s basketball, baseball, ice hockey, and golf.
“The
NCAA is extremely pleased that The Hartford is extending its agreement
as an NCAA Corporate Partner for five additional years,” said Greg
Shaheen, senior vice president for basketball and business strategies.
“The Hartford created an outstanding national program, Playbook for
Life, which has educated thousands of NCAA student-athletes on the
benefits of sound financial planning, and provided steps they can
implement, not only while they are in college, but more importantly,
once they graduate. The Hartford places importance on academics, which
ties directly to the NCAA mission. The Association and our marketing
rights/broadcast partner, CBS Sports, look forward to experiencing
additional success with The Hartford in the years to come.”
“We
are proud to extend our NCAA marketing partnership with The Hartford
through 2011,” said Chris Simko, Senior Vice President, CBS Sports
Sales and Marketing. “The Hartford has been an exemplary partner over
the past three years as they have been able to educate thousands of
student-athletes on the importance of financial literacy in preparation
for life after college. We hold up the Playbook for Lifeprogram
as a model to illustrate the positive impact that an NCAA Corporate
marketing partnership can have on young people all across the country.
We are sure that through the combined assets of the NCAA, The Hartford
and CBS Sports, Playbook for Life, as well as other joint initiatives, will continue to thrive over the next five years.”
The
Hartford’s relationship with the NCAA and CBS Sports is far more than a
traditional sports sponsorship. The three organizations share the
values of education, teamwork and excellence. Working closely with the
NCAA, The Hartford developed the award-winning Playbook for Life financial
literacy program, which provides student-athletes and young adults with
straightforward, unbiased information and education on how to manage
their personal finances while in college and beyond as they prepare to
enter the real world.
“Helping student-athletes and
young adults make smart financial decisions is a very rewarding
effort,” said Glover. “Corporate partners who develop and promote
programs, such as Playbook for Life, exemplify the mission of the NCAA and truly enhance the educational experience of student-athletes.”
Through
the Playbook program, The Hartford supports the NCAA's educational
focus and, in doing so, has created a valuable resource that will
benefit more than 380,000 student-athletes while in school and after
they graduate.
More than 75,000 copies of the Playbook
have been distributed to date, with requests coming in from students,
parents, coaches and teachers from across the country. In addition to
bringing the Playbook's teachings to student-athletes at a dozen NCAA
schools, The Hartford makes the program available to all who can
benefit from it with a Web-based version of the campus event
presentation and online tools and resources, which are available at the
program's Web site (www.playbook.thehartford.com).
The
Hartford is also a major sponsor of Coaches vs. Cancer, a nationwide
collaboration by the National Association of Basketball Coaches (NABC)
and the American Cancer Society (ACS) which supports cancer research,
education, and advocacy. Coaches vs. Cancer taps the personal
experiences, community leadership, and professional excellence of
college basketball coaches nationwide to increase cancer awareness,
promote healthy living, raise money, and promote advocacy programs.
Coaches vs. Cancer has raised more than $29 million since its inception
in 1993.
About the NCAA
The
NCAA is a membership-led nonprofit association of colleges and
universities committed to supporting academic and athletic
opportunities for more than 380,000 student-athletes at more than 1,000
member colleges and universities. Each year, more than 49,000
student-athletes compete in NCAA Championships in Division I, II and
III sports. For more information, go to www.ncaa.org.
About The Hartford
The
Hartford, a Fortune 100 company, is one of the nation's largest
financial services and insurance companies, with 2005 revenues of $27.1
billion. The Hartford is a leading provider of investment products,
life insurance and group benefits; automobile and homeowners products;
and business property and casualty insurance. International operations
are located in Japan, Brazil and the United Kingdom. The Hartford's
Internet address is www.thehartford.com.
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