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Contingency

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contingency overview

Syndicate 1967 has the ability to write an extensive range of Contingency classes with a focus on Event Cancellation and Non-Appearance.

The Products

Event Cancellation
Coverage is provided for the financial consequences of cancellation, abandonment, postponement, interruption, curtailment or relocation of any type of outdoor or indoor event.

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.

Coverage can be provided on a worldwide basis.

Non Appearance
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 excellent and efficient way to mitigate the risks for organisers and management production companies.

 

The Contingency Team
W.R. Berkley Syndicate at a glance
At a Glance 2010 Document