Event Cancellation Insurance / Abandonment Insurance

Adam Brothers Contingency can arrange effective and comprehensive coverage for cancellation, abandonment, postponement, interruption, curtailment or relocation of any type of outdoor or indoor event. Cover has previously been arranged for events as small as summer fetes through to major international conferences/exhibitions and sporting events such as the Rugby World Cup and the Cricket World Cup.

Event cancellation/abandonment Insurance

Our markets can protect against most scenarios and if ever a client was unsure of the need for purchasing cover of this nature, the examples below should highlight the reasons for having such cover in place.

The 2011 Rugby World Cup was seriously inconvenienced following the Christchurch Earthquake in February 2011. All matches taking place in Christchurch were relocated to alternative venues resulting in not only additional costs being incurred by the organisers but also loss of ticket revenue. This had a knock-on effect to the economy in Christchurch as fans and teams did not visit.

In 2005, Hurricane Katrina caused many losses in the contingency market. Large conference centres and exhibition halls were either left severely damaged or requisitioned by the authorities to provide shelter to the thousands left homeless in the Gulf region of the United States and this caused the cancellation or re-scheduling of hundreds of planned events at those venues. We can provide cover to venue owners/operators, event organisers and the like against risks such as this. Indeed, cover of this nature is a must for balance sheet protection.

Loss of total expenditure or gross revenue (including profit) can be insured as a result of cancellation or abandonment of an event due to almost any circumstance.

Loss of, or damage to, a venue, strikes and non-appearance of key persons are typical of the perils covered by the policies we effect with Lloyd's underwriters and major European insurance companies.

Whilst elements of cover such as terrorism, communicable disease and national mourning are not included as part of a standard event cancellation policy, cover can easily be extended to include any or all of these.

Our facility with Lloyd's underwriters allied to our experience and expertise enables us to provide comprehensive and competitive coverage for your clients particularly in the area of unusual or exotic risks.

Contact us for a Event Cancellation Insurance / Abandonment Insurance quote

To discuss an insurance quote, please contact our Contingency insurance team on:

Telephone: +44 (0)20 7090 1109

Email: contingency@griffithsandarmour.com

Adam Brothers Contingency is part of Griffiths & Armour Global Risks.

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