NEW YORK, NY, Oct. 16, 2013 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ: NAVG ) announced today its five-year partnership with Connecticut nonprofit Kids in Crisis, in which it will become the title sponsor of the newly-named Navigators Stamford KIC IT Triathlon. The triathlon, in which 600 athletes take part in Stamford each June, is an Olympic-distance event consisting of a 1.5k swim in Long Island Sound, a 40k bike ride, and a 10k run through the streets of downtown Stamford. Navigators headquarters moved from Rye Brook, NY to Stamford, CT in September 2013.
"At Navigators, we believe that part of a corporation's responsibility is to be a meaningful and active part of the communities in which we work and conduct business," said Stanley A. Galanski, President and CEO of The Navigators Group, Inc. "We are so delighted to be able to partner with such an important Connecticut cause as Kids in Crisis. The triathlon finishes just a few blocks from our new corporate headquarters and we feel fortunate to be able to sponsor an organization that gives so much to our community."
"Kids in Crisis is thrilled to partner with such a philanthropic-minded company as Navigators," said Shari Shapiro, Executive Director of Kids in Crisis. "Net proceeds raised from this event enables Kids in Crisis to provide a structured, nurturing, home-like environment for children when respite is needed, and deliver successful prevention programs for families throughout Connecticut. The Navigators Stamford KIC IT Triathlon is a wonderful way to bring together the local community and spread awareness about the services Kids in Crisis provides."
The Stamford KIC IT Triathlon was created in 2008 to support the services offered by Kids in Crisis. Since its introduction, the Stamford KIC IT Triathlon has grown into an outstanding athletic event attracting competitors from across the country, while maintaining a special focus on offering a fun family experience. The success of the Stamford KIC IT Triathlon has been made possible by great support from area businesses, individuals, and City government. More than 30 members of the community--residents, business owners, athletes and corporate executives--collaborate throughout the year to produce this noteworthy event. For more information and to register, visit www.kicittriathlon.com .
Kids in Crisis ( www.kidsincrisis.org ) is Connecticut's only free, round-the-clock agency providing emergency shelter, crisis counseling and community educational programs for children of all ages and families dealing with a wide range of crises--domestic violence, mental health and family problems, substance abuse, economic difficulties and more. Since its founding in 1978, Kids in Crisis has helped more than 118,000 Connecticut children and families.
The Navigators Group, Inc. is an international specialty insurance holding company with insurance company operations, underwriting management companies, and operations at Lloyd's. With its corporate headquarters in Connecticut and insurance operations based in New York and London, Navigators has offices in major insurance centers in the United States, the United Kingdom and Continental Europe, as well as representatives in China and Brazil.
This press release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Whenever used in this release, the words "estimate," "expect," "believe," "may," "will," "intend," "continue" or similar expressions are intended to identify such forward-looking statements. We cannot assure that results that we anticipate will be achieved, since results may differ materially because of known and unknown risks and uncertainties that we face. Please refer to Navigators' most recent Forms 10-K and 10-Q and its other filings with the Securities and Exchange Commission for a description of Navigators' business and the important factors that may affect that business. Navigators undertakes no obligation to publicly update or revise any forward-looking statement.
Taha Ebrahimi (212) 613-4288 www.navg.com
