The team offers a full range of placement methods across both lines including open market, participation on market facilities and delegated authority vehicles.
Event Cancellation insurance for sports events, concerts, festivals, musicals, exhibitions and trade shows provides financial protection in the event of cancellations due to Adverse Weather, Terrorism, Communicable Disease and Riots among other perils. Policies are purchased by event organisers, promoters, performing artists, broadcasters and other interested third parties for either costs/expenses or revenue. The Non-Appearance sub-class is an extension of the Event Cancellation line of business and provides additional cover to protect against Event Cancellation due to the Non-Appearance of named artist(s), primarily as a result of illness/death or travel delay.
The team has a strong appetite for both Contractual Bonus and Prize Indemnity risks, with the former offering protection for third parties for potential financial obligations they have in the event of performance related bonuses being triggered by contracted persons/athletes. Prize Indemnity risks include secondary lotteries, game shows and golf hole-in-one. The team is considered a “quoting market” for Over Redemption covers for marketing and sales promotions. Covering the risk of transmission failure for large events completes the offering in this sub class.