STOCK TITAN

Aflac partners with championship coach Dawn Staley to bolster player and fan experience during NCAA® Division 1 Women's Basketball Championship

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
partnership
Rhea-AI Summary

Aflac announced an increase in its support for the NCAA Division 1 Women's Basketball Championship, allocating a larger portion of its advertising budget to women's sports. This move is aimed at addressing funding gaps in women's athletics. Collaborating with Coach Dawn Staley, Aflac will enhance brand visibility during the tournament, running over 30 ads for women's basketball in addition to 10 during the men's tournament. Aflac continues to be an official NCAA Corporate Partner, focusing on promoting equity in sports and closing the medical debt gap for fans and players.

Positive
  • Increased advertising budget for women's basketball during NCAA Championship, enhancing brand visibility.
  • Collaboration with Coach Dawn Staley aims to drive meaningful impact in women's athletics.
  • Aflac reinforces commitment to equity in sports and support for players and fans.
Negative
  • None.

Aflac invests additional dollars for advertising and activations in women's basketball this March

COLUMBUS, Ga., Dec. 7, 2022 /PRNewswire/ -- Aflac Incorporated, a leading provider of supplemental health insurance in the U.S., announced plans to boost its support for the upcoming NCAA® Division 1 Women's Basketball Championship in an effort to draw attention to funding gaps that exist in women's athletics. As part of its 2023 March Madness® spend, Aflac is allocating a larger portion of its on-site activation and advertising budget specifically to focus on women's basketball.

The brand will also work with women's college basketball 2022 National Championship head coach, Dawn Staley, to determine how to best distribute the increased funding to drive impact for players and fans during the tournament. Coach Staley will also co-star in Aflac's March Madness advertising spot that debuts ahead of the tournament that will also feature another soon-to-be-announced coaching legend. Advertising will continue to focus on reminding Americans that Aflac is committed to helping close the medical debt gap.

"I've always said that equity in sports is more than swag bags, branding and signage. It's about working with partners and advertisers like Aflac that use their dollars to truly close the gap," said Staley. "Change is long overdue, and I'm proud to partner with Aflac and show the power of investing in women's basketball."

Aflac has been an official NCAA Corporate Partner since 2021 and has committed to a third year. For the 2023 tournament, Aflac's plan includes bolstering brand visibility with a diverse audience by advertising during women's basketball with more than 30 spots — that's in addition to running 10 spots during the men's tournament.

"Aflac is proud to help shine a bright light on some of the best female athletes in the world as they compete for a chance to fulfill their dreams of a national championship," said Garth Knutson, Head of Marketing, Aflac. "With the help of Coach Staley, the NCAA and other influential individuals interested in growing women's sports, for 2023, we made the call to distribute additional advertising and marketing dollars to help support and advocate for a better player and fan experience in the women's tournament."

ABOUT AFLAC INCORPORATED

Aflac Incorporated (NYSE: AFL) is a Fortune 500 company helping provide protection to more than 50 million people through its subsidiaries in Japan and the U.S., paying cash fast when policyholders get sick or injured. For more than six decades, the insurance policies of Aflac Incorporated's subsidiaries have given policyholders the opportunity to focus on recovery, not financial stress. In the U.S., Aflac is the number one provider of supplemental health insurance products.1 Aflac Life Insurance Japan is the leading provider of medical and cancer insurance in Japan, where it insures 1 in 4 households. In 2021, the company was included in the Dow Jones Sustainability North America Index and became a signatory of the Principles for Responsible Investment (PRI). In 2022, Aflac Incorporated was proud to be included as one of the World's Most Ethical Companies by Ethisphere for the 16th consecutive year, Fortune's World's Most Admired Companies for the 21st time and Bloomberg's Gender-Equality Index for the third consecutive year. To find out how to get help with expenses health insurance doesn't cover, get to know us at aflac.com or aflac.com/español. Investors may learn more about Aflac Incorporated and its commitment to ESG and social responsibility at investors.aflac.com under "Sustainability."

1LIMRA 2021 US Supplemental Health Insurance Total Market Report

(PRNewsfoto/Aflac)

Media contact: Amy Persons, apersons@aflac.com 
Analyst and investor contact: David A. Young, 706-596-3264, 800-235-2667 or dyoung@aflac.com 

Aflac | Aflac New York | WWHQ | 1932 Wynnton Road | Columbus, GA 31999

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aflac-partners-with-championship-coach-dawn-staley-to-bolster-player-and-fan-experience-during-ncaa-division-1-womens-basketball-championship-301696773.html

SOURCE Aflac

FAQ

What is Aflac's new investment in women's basketball for March 2023?

Aflac is increasing its advertising budget specifically for the NCAA Division 1 Women's Basketball Championship to address funding gaps in women's athletics.

Who is collaborating with Aflac for the 2023 NCAA Women's Basketball Championship?

Aflac is collaborating with Coach Dawn Staley, who will help determine the distribution of the increased funding and co-star in their March Madness advertising.

How many ads will Aflac run during the NCAA Women's Basketball Championship?

Aflac plans to run over 30 ads during the women's basketball tournament in addition to 10 ads during the men's tournament.

What is the goal of Aflac's investment in women's basketball?

The goal is to promote equity in sports, enhance the player and fan experience, and help close the medical debt gap.

How long has Aflac been an NCAA Corporate Partner?

Aflac has been an official NCAA Corporate Partner since 2021 and is committed to a third year of partnership.

Aflac Inc.

NYSE:AFL

AFL Rankings

AFL Latest News

AFL Stock Data

57.59B
498.80M
10.14%
60.51%
1.42%
Insurance - Life
Accident & Health Insurance
Link
United States of America
COLUMBUS