PHILIPSBURG--NAGICO Insurances, in keeping with its commitment of the past few years, on Tuesday contributed US $15,000 to the St. Maarten Carnival Development Foundation (SCDF) to go towards the Senior Calypso Finals for Carnival 2011. The calypso finals will be held on Thursday, April 28, and are by far the largest local event on the Carnival calendar annually.
CEO of NAGICO Imran McSood said despite the challenging economic atmosphere, NAGICO has always found a way to contribute towards cultural activities and Carnival in particular as a good corporate citizen. The event will be branded the NAGICO Insurances Senior Calypso Finals.
President of the SCDF Stuart Johnson commended McSood and NAGICO for once again "stepping up to the plate with a substantial contribution" to Carnival. He also commended the company for assisting other stakeholders in Carnival and pledged to continue building on the good relationship and partnership that the carnival foundation and NAGICO have.
Johnson explained that the Senior Calypso Finals carry the distinction of the biggest local show, but this also means it's the most costly to execute. "Prize money alone," he said, "accounts for a large part of the budget for this show, so NAGICO's contribution will go a long way in helping us to meet the costs of the calypso final. We are very grateful," he concluded.
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