The United States Tennis Association (USTA) governing body and global insurance company Chubb have signed a multi-year partnership renewal, extending Chubb's designation as the official insurance sponsor of hard-court tennis’ US Open grand slam championships.
The extended agreement is set to begin in 2025.
Chubb and the USTA first partnered in 2020, with the two having now renewed following a record-setting 2024 US Open that surpassed one million attendees for the first time.
The 1,048,669 total over three weeks marks an 8% increase over 2023, itself a record-breaking year, while attendance for the two weeks of this year's main draw reached a new high of 832,640.
Evan Greenberg, chairman and chief executive of Chubb, has said: "We are thrilled to continue our multi-year partnership with the US Open, whose passionate fans include Chubb's clients and partners that we serve around the world."
Lew Sherr, chief executive and executive director of USTA, added: "Their dedication to helping diverse groups of worldwide clients, many of whom are tennis followers and enthusiasts, navigate risks and recover from a wide range of losses is second to none."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataOther US Open commercial partners for the 2024 edition (on the same level as Chubb) included brands such as Cadillac, Deloitte, IHG, and Rolex.
The event's top-tier sponsors, meanwhile, were American Express, Chase, Emirates, and JP Morgan.
This year's tournament concluded over the weekend, with Italy's Jannick Sinner winning the men's singles, and Aryna Sabalenka from Belarus coming out as the victor in the women's singles.
Last month it was announced that the US Open will continue to be shown domestically by heavyweight sports broadcaster ESPN through 2037 through a 12-year deal extension.
It comes as an extension of the previous agreement between the two partners, which covered the 2015-25 cycle of the New York event (and was unveiled in 2013). At the time of signing, that deal was reported as being worth $75 million annually.