Insurance Firm Backs PNG LNG Kumuls

Insurance Firm Backs PNG LNG Kumuls

PNGRFL MOU Signing.png

Papua New Guinea, 3 Jan 2019 — PNG Health Assurance Company Limited today signed a Memorandum of Understanding (MOU) with the Papua New Guinea Rugby Football League (PNGRFL) as a major sponsor of the PNG LNG Kumuls for the next five years.

PNGRFL Chairman Sandis Tsaka said this was the first time an insurance company has come on board as a partner to the PNG LNG Kumuls.

“The signing of this MOU with PHA as major sponsors of the PNG LNG Kumuls is a milestone as we prepare our best team for the RLWC in 2021 in England,” Tsaka said.

He said an official contract which will contain the details of this major sponsorship to the PNG LNG Kumuls and a partnership with the PNGRFL will be signed next month.

PNGRFL CEO Reatau Rau said the PHA partnership with the PNG LNG Kumuls came as a result of the recently concluded APEC meeting in Port Moresby.

“The PNG LNG Kumuls carried the APEC logo on its jerseys at all its international matches during 2018,” Rau said. “This was PNGRFL’s contribution towards promoting this very important meeting in PNG to the world.

“The consultation with PHA started during the APEC CEO’s meeting and this partnership can be seen as a benefit of APEC to the sport of rugby league and people of PNG,” Rau stated.

PHA Executive Director Pradeep Soni said they see this partnership as a combination of the power of sports with insurance that has the ability to transform the daily lives of PNG citizens.

“We value being a major sponsor of the Kumuls and the number one sport of PNG, fitting in well with our aspirational goal of being the number one insurer in PNG within the next two years.

“This partnership came about as a direct result of a meeting at the APEC CEO summit with CEO Mr Reatau and the investors of PHA, culminating in the signing of the MOU today.”

(From left: PHA Executive Director Pradeep Soni, PNGRFL Chairman Sandis Tsaka and CEO Reatau Rau)

Author: Staff Reporter

Source: Papua New Guinea Today; https://news.pngfacts.com/2019/01/insurance-firm-backs-png-lng-kumuls.html

PNGRFL and PHA signs K10m Deal

PNGRFL and PHA signs K10m Deal