Contingency

 

Beazley is a market leader in contingency insurance for the sports, entertainment and trade show industries. Our team of underwriters are the most experienced in the market and have the knowledge and expertise gained over almost twenty years to advise brokers and their clients on assessing risk and designing the right coverage.

 

The Beazley difference

  • Designing bespoke products to satisfy our clients' exact requirements
  • Ease of transaction; business can be placed in the open market, via broker lineslip, binding authority or by reinsurance
  • Our on-line capability for automatic underwriting and policy issuance through Beazley Access
  • Significant capacity available to write the majority of risks 100%
  • Owning a comprehensive database of weather statistics to support weather products and event cancellation
  • Optional enhancements including terrorism, property damage, war, political risks and political violence

 

Coverage

  • Event cancellation – major events, sports, trade shows, music, theatre
  • Non appearance – music tours, theatre, key speakers, confidential life and judicial delay
  • Weather – pluvius, prize promotions, cost containment, income stabilisation
  • Film production – film producers indemnity, property and cast buy backs
  • Advertising agents – commercial advertisers package, death and disgrace
  • Prize indemnity – probability games, games of skill, games of chance, over redemption
  • Event liability – public liability and employers liability

 

Target

  • Event organisers
  • Media companies
  • Broadcasters
  • Sponsors
  • Advertisers
  • Promotion agencies

 

Claims

  • Experienced and professional claims service
  • Rapid adjustment of claims
  • Extensive network of advisors for clients

 

Limits

  • Event cancellation  - up to £10m/US $15m for standard events and up to £25m/US $50m for major events
  • Event liability - Public liability up to £25 m and employers liability £10m

 

Key Territories

Worldwide