Contingency Insurance

Contingency Insurance

Prize Indemnity

For the insured’s contractual liability to award a prize in the event of a successful attempt in a specific competition

The format of incentive arrangements differs from case to case, but they are all capable of carrying insurance to cover the possibility of great success triggering maximum payments. The exposure to these schemes can be limitless, as can their application

This type of cover can also be arranged when sponsorship is agreed, not for individuals or teams but for the prize itself or even for the actual event.

Examples include:

‘hole-in-one’ at golf

‘Roll-a-Dice’ events

Winning events or titles

Non -Appearance

Primarily insures against death, accident, illness and unavoidable travel delay of a speaker or performer

Coverage is provided for cancellation, abandonment, postponement, interruption, curtailment or relocation of any insured event due to the non-appearance of any key person, such as a performer, seminar speaker or artist.

Contingency insurance is an efficient way to mitigate the risks for organisers and management production companies

Event Cancellation

Protection against cancellation, postponement, abandonment and interruption

Coverage can be provided for a variety of events including sporting events, music events and theatre productions, however, our focus is on the area of conference, exhibition and trade products. Trade shows and key exhibitions, seminars and conferences form an important core of many companies’ sales strategies.  The unexpected cancellation, interruption or curtailment of these events can have a serious impact on enterprises both big and small. World events such as acts of terrorism and natural catastrophes or localised events like floods, snowstorm, venue damage by fire or simply the enforced reduced attendance of delegates by transportation strikes can ruin an event.

Film and Media

Film Producers’ Indemnity covering cast, negatives, props, sets and wardrobes

This Insurance cover is designed to meet the individual needs of those working in a range of media related companies and we offer a range of highly competitive covers as standard including;

Own or hired equipment

Negatives / video tape

Cast non-appearance

Film making equipment

Producers indemnity

World-wide cover

Simon Kates

Tel: +44 020 7337 0368


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