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Business

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Sovereign Trust Insurance Hosts 8th Open Golf Tourney March 7

The stage is set for the 8th edition of the Sovereign Trust Insurance Plc Open Golf Tournament in the ancient city of Ibadan, Oyo State.

The event is scheduled to hold from March 7 – 9, 2025, at the Ibadan Golf Club, Onireke Reservation Area, Ibadan, Oyo State. The 3-day tournament is expected to bring together some of the country’s top golfers from different Golf Clubs in the country both at the Amateur and Professional levels in the male and female categories to be competed for.

The captain of Ibadan Golf Club, Mr. Seyi Alaba expressed great appreciation to the Management of Sovereign Trust Insurance Plc for staying true to its promise of sponsoring the tournament on an annual basis.

He said he is very optimistic that this year’s tournament will be far thrilling and exciting than the last edition. He enjoined all golf enthusiasts across the country to make the ancient city the converging point during the 3-day tournament.

According to him, “Sovereign Trust Insurance Plc has consistently been leading the pack amongst insurance companies in the country in promoting sporting activities at all levels and urged more participation from other corporate organisations in advancing the game of golf and other sports in order to further enhance the human capacity in the burgeoning sports industry in the country. Conclusively, he stated that the intervention of Sovereign Trust Insurance Plc in sports development in Nigeria cannot be undermined in any regard.

The company’s spokesperson and Head of Corporate Communications and Investor Relations, Mr. Segun Bankole said, the underwriting firm will not relent in any way in giving back to the society through different sporting and recreational platforms of this nature in reinforcing its corporate social responsibility stance in line with its corporate philosophy. He further mentioned that adequate arrangements have been put in place to ensure a successful and entertaining tournament.

While commenting, the Managing Director/CEO, Mr. Olaotan Soyinka stated that “the gesture is a further indication of the company’s affirmed commitment to the development of sports in the country”. In his words, “we are resolute in our commitment to the ideals of promoting development in all areas of human endeavours as much as we can accommodate, which explains why our CSR philosophy is hinged on Health, Sports and the Community, and this to us, is all-encompassing”.

Just recently, Sovereign Trust Insurance Plc clocked 30 years in the Nigerian Insurance landscape in the country.

Since inception, the company has consistently maintained the posture of a highly responsible and relevant brand in the business of underwriting risks and has also carved a niche for itself in the area of underwriting special risks, especially in the oil and gas sector, (Energy), making it one of the most preferred underwriters by many oil conglomerates both in the upstream and downstream space.

Indeed, it has been 30 years of unbroken trust between the underwriting firm, the insuring public and Nigeria as a whole.

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