CIC Insurance Brokers (Guyana) Inc. has joined hands with the Demerara Cricket Board (DCB) for the upcoming Independence T10 Cup on May 25 at the LBI Ground.

The highly anticipated event by the DCB is geared to raise funds to facilitate the growth and development of cricket in the county.

At a simple presentation ceremony at its location at Lot A52, Barima Avenue, Bel Air Park, Georgetown, Assistant General Manager of CIC Insurance Brokers (Guyana) Inc. Preneta Bharosay made a financial contribution on behalf of her company to Vice-president of the DCB, Puneet Jaigopaul.

Bharosay said CIC Insurance Brokers (Guyana) Inc. is a leading insurance brokerage and risk management firm providing the absolute best in claims advocacy services.

She stated that while they develop innovative and industry-focused insurance solutions tailor-made to protect businesses, they are also keen on supporting activities that make a positive impact, hence the decision to align with the DCB’s Independence T10 Cup.

“As your partners you can rest assured that your assets and liabilities are adequately covered so you have the freedom to do what’s right for your business and focus on achieving your long-term goals,” Bharosay said of CIC Insurance Brokers (Guyana) Inc.

Speaking on behalf of the DCB, Jaigopaul indicated that the board is extremely grateful for the support of CIC Insurance Brokers (Guyana) Inc. and all the other businesses that have embraced the tournament.

Already onboard are L. Mahabeer and Son Cambio, Office Express, Regal Stationery and Computer Centre, Anil Beharry Real Estate, Construction and General Business Services and Naven’s Construction.

He urged cricket fans and the general public to patronise these establishments, so that they can continue to extend their benevolence to events such as the Independence T10 Cup.

Eight first division teams from the county will compete for top honours, with the format being a one game knockout.

Six teams- Lusignan, LBI, Better Hope, Enterprise, Herstelling A and Helena One and Two- are already confirmed, with the other two to be revealed in the coming days.

Total cash prize of G$500,000 and trophies will be up grabs at the one day event.

While the teams will be represented by players within the respective associations, each team is allowed two guest players from other counties.

The champion team is guaranteed GY$250,000 cash plus trophy; the runners-up GY$150,000 and trophy, while the losing semi-finalists will be receive G$50000 each.

On the individual side, Man-of-the-Match in the semi-finals and final will receive a trophy.

Action will bowl off at 10:00 hours and conclude under floodlights.