Royal Skandia renews sponsorship with Royal Hong Kong Yacht Club

The Royal Hong Kong Yacht Club (RHKYC) and Royal Skandia, a leading offshore life assurance provider, has announced the continuation of its 5-year sponsorship agreement.
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* Causeway Bay - Hong Kong Island - Hong Kong

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April 25, 2012 - PRLog -- The Royal Hong Kong Yacht Club (RHKYC) and Royal Skandia, a leading offshore life assurance provider, has announced the continuation of its 5-year sponsorship agreement. The ongoing association with Royal Skandia will enable RHKYC to continue its efforts promoting sailing to its members and the wider community and increase the numbers that participate in its Skandia adult and youth sail training programmes.

The Skandia training courses offered by the RHKYC have been a great success over the last five years, with nearly ten thousand students enrolling in these programmes during this period and over 2,400 enrolling in 2011 alone. The courses offer local adults and children the opportunity to learn the basics of sailing under the guidance and expertise of professional sailing instructors.

Michael Leeson, Head of Sales Hong Kong and North East Asia at Royal Skandia says: “The sponsorship deal with the RHKYC is a great partnership. It provides individuals of all ages and ability levels the opportunity to develop their sailing skills. It allows us to encourage more people to participate in the sport of sailing during the Olympic year. We are proud to be able to provide support for this well recognised club in Hong Kong. ”

The renewed sponsorship has also contributed towards the purchase of two new safety RIBs (Rigid Inflatable Boats) to aid staff in developing the training courses and events conducted by the RHKYC.

Mark Bovaird, General Manager at RHKYC comments: “The sponsorship deal with Royal Skandia is significant as it allows us to get more professional, qualified trainers on board and continue to offer first class services to our members and the public. Sail training for the wider community; not just the members of the Club, is fundamental to our mission to promote sailing in Hong Kong and this renewed partnership will enable us to purchase vital equipment such as additional safety RIBs that allow us to conduct our sail courses and events in a safe and secure environment.”

About Royal Hong Kong Yacht Club

Royal Hong Kong Yacht Club (RHKYC) is one of the oldest sports clubs in Hong Kong and is proud of its rich, colourful history, which stretches back over 160 years of social and competitive sailing and rowing.  RHKYC organises a full calendar of local and international racing for both keel boats and dinghies, ranging from round-the-cans to Category 1 offshore races.  The Club also provides Skandia sailing courses for members and non-members at various levels to nurture the development of sailing.

About Royal Skandia

Royal Skandia is the Isle of Man-based offshore arm of Skandia International. A leading life company in the offshore investment market, Royal Skandia offers a range of tax-efficient investment products aimed mainly at expatriates and international investors.

Skandia International specialises in offshore cross-border products and services for the Old Mutual and Skandia Groups. It brings together a number of regulated offshore businesses with bases in a variety of jurisdictions, and builds on an exceptional offshore brand developed over 25 years.

Old Mutual plc is an international savings and wealth management company based in the UK. Originating in South Africa in 1845, the group has a portfolio of businesses offering asset management, life assurance, banking and general insurance services in over 40 countries in Europe, the Americas, Africa and Asia-Pacific.  

Old Mutual plc is listed on the London Stock Exchange and the JSE, among others.

This press release is for journalists only, and its contents should not be relied upon by financial advisers or customers.
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