The Travelers Companies, a provider of property casualty insurance, has extended sponsorship for Connecticut PGA tournament until 2030.
Travelers became title sponsor of the event in 2007, rebranding it as the Travelers Championship.
The latest agreement makes the company the longest-running title sponsor in the event’s history. The insurer has been a partner of the tournament since its inception in 1952.
Travelers, as part of the deal, will remain the official property casualty insurance provider of the PGA TOUR, PGA TOUR Champions and Korn Ferry Tour.
Travelers chairman and CEO Alan Schnitzer said: “So many historic and exciting moments in golf have happened at the Travelers Championship over the years, but it’s the amazing moments that are made off the course that capture the real value of our hometown tournament.
“This tournament is important to so many people across the region – both as an economic driver for the state and as a funding source for hundreds of charities – and we are proud to continue its legacy for years to come.”
The event has generated over $20m for nearly 800 non-profit organisations since Travelers became title sponsor.
The 2020 Travelers Championship, which was conducted as a TV-only event due to Covid-19 restrictions, generated more than $1.6m.
PGA TOUR Commissioner Jay Monahan. “The Travelers Championship has established itself as a premier PGA TOUR event, thanks to the inspirational leadership provided by Travelers, the dedication of thousands of volunteers and the passionate fans who watch or attend every year.
“Connecticut and the PGA TOUR are fortunate to have a company like Travelers that helps deliver an outstanding experience every year for our players, for golf fans and for local non-profits. We are extremely excited about the future of the Travelers Championship.”
This year, the tournament will be held between June 21 and 27 and expected to feature host of the game’s top players, including the defending champion, reigning FedExCup champion and current top-ranked player in the world, Dustin Johnson.