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Post by sader1970 on Jul 13, 2024 7:06:01 GMT -5
For you Celtics fans (no, I am DEFINITELY not one), they have partnered up with Amica Insurance with Ted Shallcross, HC alum and Amica CEO, leading the effort.
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Post by longsuffering on Jul 13, 2024 11:13:00 GMT -5
For you Celtics fans (no, I am DEFINITELY not one), they have partnered up with Amica Insurance with Ted Shallcross, HC alum and Amica CEO, leading the effort. How much effort does it take to write a big check to the Celtics with policyholders money?đ
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Post by sader1970 on Jul 13, 2024 11:36:59 GMT -5
I think a lot less than what it costs for the naming rights to what was the Dunk and now âAMPâ (Amica Mutual Pavilion).
But since I never got as high up in my companies as Ted has done with his, it was above my pay grade.
As an FYI, my old company, Nationwide, is also a mutual insurance company, meaning the owners are the policyholders, not stockholders. You will note that Amica has followed suit from the large arena in Columbus, OH (where the Crusaders played in the NCAAs). The difference is Nationwide built the arena from the ground up and Amica simply renamed an existing arena. That said, Nationwide is many times larger than Amica.
Havenât given it much thought but I am sure even larger mutual company, State Farm has arenas or stadiums with its name.
Probably a mutual insurance company thing because I am sure that you are aware that insurance companies make enormous profits and donât know what to do with all that money.
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Post by KY Crusader 75 on Jul 13, 2024 12:24:57 GMT -5
It doesnât do Amica much good if citizens refer to the arena as The Amp without connecting it to Amica. As a marketer I think a lot of these ânaming rightsâ investments are money poorly spent.
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Post by longsuffering on Jul 14, 2024 14:05:36 GMT -5
I think a lot less than what it costs for the naming rights to what was the Dunk and now âAMPâ (Amica Mutual Pavilion). But since I never got as high up in my companies as Ted has done with his, it was above my pay grade. As an FYI, my old company, Nationwide, is also a mutual insurance company, meaning the owners are the policyholders, not stockholders. You will note that Amica has followed suit from the large arena in Columbus, OH (where the Crusaders played in the NCAAs). The difference is Nationwide built the arena from the ground up and Amica simply renamed an existing arena. That said, Nationwide is many times larger than Amica. Havenât given it much thought but I am sure even larger mutual company, State Farm has arenas or stadiums with its name. Probably a mutual insurance company thing because I am sure that you are aware that insurance companies make enormous profits and donât know what to do with all that money. It's not just mutual insurance companies. I have accounts with a mutual savings bank, cooperative bank and credit union, all owned by their customers. It was humorous over the years to occasionally notice the tiniest legal ad in the most obscure place in a low circulation local weekly newspaper announcing their annual meetings and noticing that while each monthly statement generally had one or more marketing encloser, none ever included an announcement of or invitation to the required annual meeting. But like you say it's all above my pay grade so it's something to chuckle at, not to picket in front of these fine institutions.
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Post by timholycross on Jul 15, 2024 11:14:26 GMT -5
I believe that's going to be the third jersey patch since they started wearing them- GE, Vista Print and now Amica. Were there any others?
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Post by sader1970 on Jul 15, 2024 11:25:19 GMT -5
Celticsâ jerseys will look like a NASCAR race car!đđ
P.S. with all this money being spread around, canât we get some NIL $$$ for those poor players? Just asking.
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