Event cancellation insurance from Association Insurance Programs insures events throughout the world. Our internal risk-bearing capabilities, multiple binding authorities from Lloyd’s of London and strategic alliances with top-rated U.S. carriers and reinsurers enable us to handle the insurance needs of events with millions of dollars at risk.
With over 30 years of experience insuring some of the most high profile events, you can be assured that our partner at HCC Specialty has the knowledge and underwriting expertise to handle even the most complicated risks.
Event cancellation insurance protects revenue or expenses from an event against cancellation, postponement, curtailment, relocation or abandonment of the event due to reasons beyond the control of the event organizer. The policy is an “all-cause” coverage and can protect against severe weather conditions (hurricanes, tornados, severe winter storms, etc.), venue unavailability (due to fires, floods, power outages, etc.), threats or acts of terrorism, communicable disease outbreaks, earthquakes, wildfires, labor strikes, non-appearance of a key person and more.
Eligibility – any organization that organizes or owns events such as:
• Conferences and Conventions
• Major sporting events
• Fairs and festivals
Causes of Loss May Include:
The policy covers the normal contractual relationships of an event organizer which can adapted for any changed circumstances.
||Non-Appearance of Principal Speaker
|Damage to Leased or Rented Vehicles
||Inability to erect facilities at venue
Damage to surrounding venues or infrastructure
resulting in lack of access
|Disease outbreak (certain exclusions may apply)
|Failure of public transport facilities or denial of access
||Labor Dispute/Strike risks
|Natural catastrophe such as earthquake and flood
||Failure of TV broadcast
|Adverse weather conditions
• Available worldwide
• Houston Casualty Company
• Lloyd's of London
• Lexington Insurance Company
• Applications should be received 30 days prior to the event for proper underwriting and quoting
• Coverage must be bound and paid by the quote expiration date