The Hartford Commits $3.5 Million To Move United To Remove Barriers To Adaptive Sports Participation

Rhea-AI Summary

The Hartford has announced a $3.5 million donation over three years to Move United, aimed at enhancing access to adaptive sports for individuals with disabilities. This initiative is part of The Hartford's long-standing commitment to the adaptive sports community. The funds will support ongoing equipment donations, an Adaptive Sports Competition Series, and the title sponsorship of the Hartford Nationals, which includes five premier events across the U.S. The partnership aims to alleviate the financial burden of adaptive sports equipment and create opportunities for over 11,000 participants. Since 2018, The Hartford has donated more than 5,000 pieces of adaptive sports equipment, positively impacting communities nationwide.

Positive

• Donation of $3.5 million over three years to Move United.
• Ongoing equipment donations will increase participation in adaptive sports.
• Partnership creates opportunities for over 11,000 participants.
• Sponsorship of the Hartford Nationals, featuring five competitions.

Negative

• None.

HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford, a leading provider of disability insurance and a 30-year advocate of the adaptive sports movement, is donating $3.5 million over three years to Move United to increase access to and participation in adaptive sports.

“We are on a mission to increase participation in adaptive sports by making competitions, local events and equipment more accessible to youth and adult athletes,” said The Hartford’s Chief Marketing and Communications Officer Claire Burns. “Adaptive athletes pay approximately 15 times more for equipment than non-adaptive athletes and we are committed to helping remove cost as a barrier to participation. We are proud of our long-standing partnership with Move United which creates opportunities for thousands of adaptive athletes to experience the life-changing power of sports.”

This commitment and partnership with Move United, the national leader in community adaptive sports, includes ongoing equipment donations to local adaptive sports programs, The Hartford’s Adaptive Sports Competition Series and the title sponsorship of the largest competition within the series, The Harford Nationals. The series features five premier sanctioned events across the country and includes surprise custom equipment donations, the Human Achievement award and meet and greets with champion Para Athletes. All five competitions, sanctioned by Move United, provide more than 2,000 youth and adults with disabilities the opportunity to compete in 15 adaptive sports, participate in learning clinics and receive national classification.

“The Hartford holds a unique and long standing allyship with the adaptive sports community,” said Move United Executive Director Glenn Merry. “There is really no other partner who could assume such an integral leadership role in driving access to equipment and competition for our athletes. The impact from this commitment is that fewer people with disabilities will be left on the sidelines, and that means a new generation of athletes will experience how sports make you more.”

Over the past five years, in partnership with Move United, The Hartford has donated more than 5,000 pieces of adaptive sports equipment in more than 40 communities across the country, inspiring more than 11,000 new participants to join adaptive sports programs.

Learn more about adaptive sports.

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

About Move United

Move United is the national leader in community adaptive sports, empowering 120,000 youth and adults with disabilities each year to live to their fullest potential. Move United’s 200 member organizations in 45 states are united by a single mission: ensuring everyone, regardless of ability, experiences the life-changing power of sport and is fully included in their community.

Move United, an Affiliate of the U.S. Olympic & Paralympic Committee, provides opportunities for individuals with disabilities to become physically and emotionally stronger through participation in more than 70 adaptive sports. Established in 1956, Move United offers community-based sports recreation, education and competition that push people further, bring people closer and leave no one on the sidelines. Join our MOVEment at www.moveunitedsport.org.

HIG-C

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2022 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230410005308/en/

Monique S. Biggs

860-547-5906

monique.biggs@thehartford.com

 

Source: The Hartford

FAQ

What is the purpose of The Hartford's $3.5 million donation?

The donation aims to enhance access to adaptive sports and alleviate the financial burden of equipment for individuals with disabilities.

How has The Hartford supported adaptive sports in the past?

Over the past five years, The Hartford has donated more than 5,000 pieces of adaptive sports equipment and inspired over 11,000 new participants.

What events does the Hartford Nationals include?

The Hartford Nationals includes five premier sanctioned events providing opportunities for competition in 15 adaptive sports.

Who benefits from the partnership between The Hartford and Move United?

Individuals with disabilities benefit from increased access to adaptive sports programs and equipment through the partnership.

What is the significance of the Adaptive Sports Competition Series?

The series is designed to increase participation in adaptive sports and provide competitive opportunities for youth and adults with disabilities.