IOC signs insurer Allianz as Olympic sponsor from 2021-28 | Inquirer Sports

IOC signs insurer Allianz as Olympic sponsor from 2021-28

/ 09:43 PM September 18, 2018

LAUSANNE, Switzerland — The IOC says insurance company Allianz signed as a worldwide sponsor from 2021 through the 2028 Los Angeles Olympics.

The value of the deal, which includes becoming a partner of the Paralympics, was not given.

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The International Olympic Committee has 13 worldwide sponsors for a four-year commercial cycle leading to the 2020 Tokyo Olympics.

Top-tier sponsors were worth $1 billion to the IOC for the cycle tied to the 2016 Rio de Janeiro Olympics.

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The IOC says Allianz will support Olympic Games organizers with insurance for transport and property, and “future products and services, driven by technological changes.”

The Germany-based insurer holds naming rights to home stadiums of Bayern Munich and Juventus, plus venues in Sydney; Nice, France; Sao Paulo; and St Paul, Minnesota.

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TAGS: Allianz, IOC, Olympics, Paralympics
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