Contingency & Event Cancellation

Contingency & Event Cancellation

The unexpected can derail even the most meticulously planned event or production. We manage the “what ifs” so that you don’t have to say “why didn’t I?”.

EVEN THE BEST LAID PLANS …

Pulling off a successful event takes a whole lot of time and effort. But just one unanticipated incident can result in devastating financial losses for a promoter or producer. We develop holistic protection plans that address the big picture and often-overlooked nuances of event risk and coverage.

Coverage options include:  

  • Event cancellation.  This coverage protects event expenses and revenue against cancellation, postponement, rescheduling or abandonment caused by reasons beyond anyone’s control. Reasons like adverse weather, earthquakes, terrorism, communicable disease or venue unavailability.

  • Non-appearance coverage. We can add this coverage to your event cancellation policy to provide protection for when your athletes or performers miss a scheduled event. Perils such as accidental injury, illness and death are included and can extend to immediate family.

  • Prize indemnity. This insurance covers the costs of monetary awards or prizes for a variety of special events and contests like full-court basketball shots, TV game show contests, corporate or charity-sponsored competitions, and other promotional activities. We also provide surety bonds for games of chance.  

  • Contract bonus coverage. If you’re a corporate sponsor, sports team or entertainment organization that added a financial incentive into a professional athlete’s or entertainer’s contract to fulfill a certain goal, you’re taking a risk. We’ll move the risk from you to an insurance carrier.

  • Promotions & awards. Sometimes a promotion works a little too well. We put policies into place that enable a sponsor or organization to fulfill a promotion’s promises without harming their bottom line. 

  • Weather/rain insurance. Weather is the biggest unknown when you’re working outside. We’ll determine which elements you’re likely to face and structure a cost-effective insurance policy that recoups losses caused by them.

ANY SIZE. ANY PLACE.

ANY SIZE. ANY PLACE.

Our wide range of specialized risk insurance can meet the specific needs of national and international sporting events, fundraisers, concerts, tours, shows and promotions — regardless of their size. Learn More

 

 

 

 

Sports

Sports

We’re one of the largest and most experienced global sports insurance brokers around. We go far beyond what’s standard to provide the highly specialized risk management expertise that sports leagues, teams, players’ associations, athletes, executives and facilities depend on to protect their financial future.

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Media & Entertainment

Media & Entertainment

As vanguard media & entertainment insurance specialists, we custom-craft superior protection programs that empower entertainers, performers, film production companies and a host of other creative entities to focus on the next big opportunity instead of big financial losses.

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Events

Events

We’re architects of highly intelligent event insurance plans that expertly guide special events, promotions and productions of even the largest size – anywhere in the world – toward success and away from unnecessary risk.

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Let's Start a Conversation To Get You Covered

We’re sports & entertainment insurance specialists. Get in touch with us to talk about a risk management program that protects exactly the way you need it to.  

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