Contingency Risks Insurance

Music festival

Description

As contingency specialists, Securita Re has created a comprehensive insurance programme for the event industry.
Each programme consists of several individual covers, that can be attained independently or as a package or tailored to a specific event, such as but not limited to:

  • Corporate events
  • Trade shows
  • Theatre productions
  • Music festivals
  • Music tours
  • Sporting events

Cancellation and Abandonment

This includes all reimbursement of incurred and unrecoverable expenses and the loss of anticipated net profit on the event.

Non-Appearance and Non-Performance

Cover can also be extended to include Cancellation and Abandonment due to Non Appearance and Non Performance of the key act due to circumstances beyond the control of the Insured, including Illness, Death, Accident and Travel Delay of named persons.

National Mourning

Where the event is cancelled due to the death of an agreed member of State, Parliament, Royal Family or any other named person which would give rise to the event being cancelled.

Prize Indemnity

Covers the value of prizes that may be won by participants of promotional events such as hole in one insurance.

Adverse Weather

Outdoor events can be covered against Cancellation, Abandonment and Postponement due to Adverse Weather conditions.

Event Liability

Covers event organisers for public liabilities arising out of their events.