Most event organisers are operating at a financial loss until an event goes ahead and the income is generated. If an event is cancelled or there is an unexpected increase to the costs involved, organisers could find themselves out of pocket, with all the money they have invested lost. Event Cancellation Insurance covers the financial loss as a result of the cancellation, abandonment, postponement, interruption or relocation of an event (in whole or in part), due to unforeseen circumstances. Should something happen to stop the event from going ahead, Event Insurance protects you against the following and more:
- Inclement weather
- Natural catastrophe
- Extra, unexpected expenses to keep the event running
- Power failure
- Public transport failure or denial of access
- Failure to vacate the event venue
- Terrorism or threat of terrorism
- The inability of any person(s) to appear at your event e.g. speakers or performers
- TV transmission failure
Our team work with some of the most trusted international insurers to provide comprehensive and affordable cover for all your events – from small not for profit events to large scale sporting and music festivals.
For more information on Event Cancellation insurance, please contact us.
Prize Indemnity Insurance
Are you looking to offer something outside the box? Or even in it, as the case may be. Prize Insurance could be what is needed to take your next promotion to a new level. Prize Insurance ensures you are not at a loss should you hold, take part in or organise a prize give away. The policy allows us to provide a solution against the risk that the prize will be won, with the insurance premium calculated based on the prize value and likelihood of a win.
The development of prize promotions can be shaped to meet your needs in line with any particular objectives, marketing channels, specific audiences, budgets and timelines. The most popular Prize Insurance offering is Hole in One Insurance, although we have found solutions for many different promotions. We can assist with any game in which a mathematical probability can be devised.
Food for thought
A great prize is one that gets people excited about participating in your promotions. To gather high-quality leads that will actually result in more business to you or your sponsors, choose prizes that are directly linked to your or their brand. To create a great participatory experience for your customers we can help you put together a campaign that is easy and fun to enter and has clear rules. Most importantly we can make sure you do not foot the bill if the prize on offer is won.