The Allstate Corporation (NYSE:ALL) is one of the best inexpensive stocks to buy according to hedge funds. On September 4, the Big 12 Conference and Allstate announced a multi-year partnership to launch the Allstate Championship Series. The new platform is designed to be a year-round celebration of Big 12 Championships and student-athletes.
The Allstate Championship Series will be the foundation for the Allstate Commissioner’s Cup, which is an award given annually to the Big 12 school with the most “points” based on performance in conference championships, graduation rates, academic and student services, and community engagement. As part of the agreement, Allstate will become the presenting sponsor of all Big 12 Olympic sport championships and will be integrated into marquee events like the Big 12 Football Championship and the Men’s and Women’s Basketball Championships.
The partnership also includes digital and in-venue branding at all Big 12 Championships, original content showcasing student-athlete leadership, and the designation of Allstate as the “Official Insurance Partner of the Big 12 Conference” for home, auto, and property insurance.
The Allstate Corporation (NYSE:ALL) provides property and casualty, and other insurance products in the US and Canada. It has 5 segments: Allstate Protection, Run-off Property-Liability, Protection Services, Allstate Health & Benefits, and Corporate & Other.
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Disclosure: None. This article is originally published at Insider Monkey.