Lockton arranges Contingency Insurance solutions, which take the worry out of sports, entertainment and marketing events. Our expert team will make sure you have contingency insurance coverage you need.

CORPORATE

Event Cancellation

Contact Us

Protection for those unforeseen events

As an event organizer, broadcaster, sponsor, brand, exhibitor or even a private individual, a high profile event or marketing campaign can grow your business. Yet if something goes wrong, you may pay a high price.

Lockton arranges Contingency Insurance solutions, which take the worry out of sports, entertainment and marketing events.

Lockton’s expert team will make sure you have contingency insurance coverage you need to:

· Maximize your event or promotion with minimum fixed costs

· Protect against disasters that could cost you visibility and revenue.

Event Cancellation Policies provide protection against losses – in expected revenues or in budgeted costs - resulting from the necessary cancellation, interruption or postponement of an event due to a reason beyond your control.

What we bring to your business

  • Find the right fit: We will always understand your financial goals and position and use our know-how to create a strategy that fits your objectives.

  • Predict impacts on your business: We will always combine detailed modelling and financial analytics to show you the effect of an insurance programme on your business and the risks you face.

  • Fight for you: We are not afraid to challenge insurers on your behalf to achieve the best result for you.

  • Global Expertise: Lockton Companies Inc. is the world's largest privately held insurance brokerage firm. We have access to markets in every Insurance Hub in the world, be it regionally in MENA, in London or Singapore.

  • Stay up to date: We will always keep up to date on developments in your industry, to make sure we understand your business.

  • Keep Costs Low: Help risk financing come up with lowest cost or most suitable programme.

Lockton designs each contingency insurance policy individually, based on the nuances of your event and where you operate.

The policy can also be extended to include damage to Event Equipment if need be, and in some cases, Third Party Liability – which is known as Event Liability.

For Marketing events, Lockton can also arrange for specialized Film Production Insurance which offers protection for all cast and production personnel, along with cover for loss that you sustain arising from damage to media from any external cause, such as faulty media, faulty cameras or recording equipment, accidental or unauthorised corruption of the images and sound data held on digital media, and so on.

 

Our services and areas of expertise

The range of services we offer includes:

  • Event cancellation

  • Conference and exhibition cancellation

  • Non-appearance

  • Weather risks - including cover for stabilising income, unseasonal rain, extra expenses and cost containment

  • Prize indemnity

  • Contractual bonus

  • Over redemption

  • Death, disablement, disgrace

  • Booking refund cover

Made-to-measure service, without compromise

From simple coverage reviews to fully-embedded risk management services, discover the many ways Lockton can help with your insurance needs.

Lockton MENA Event Cancellation Brochure
PDF1403 KB

Key Contacts

Placeholder image

Sarah El Ariss

Client Manager - AVP
Sarah.Ariss@mena.lockton.com
+971 50 854 6165

General Inquiries

General Enquiries

contact@mena.lockton.com

Latest news and insights

Errors in the labelling and packaging process are one of the main drivers of product recalls in the global food and drink sector. Where such events occur, their impacts for businesses can be devastating – including consumer harm, financial loss, and reputational damage. As regulation tightens around labelling and packaging, and with a worsening economic climate driving potential errors, businesses must take steps to ensure their processes are robust.Product recall: mitigating against labelling and packaging errors

Visionary technology risk executive Manpreet Gill joins Lockton

Visionary technology risk executive Manpreet Gill joins Lockton Visionary technology risk executive Manpreet Gill joins Lockton

London Market Insurance Update H1 2024

We are pleased to share the Lockton H1 2024 London Insurance Market Update, intended to keep you abreast with underwriting and risk trends from a London Market perspective. This issue contains insights from 20 business segments across Lockton, along with a spotlight feature on our MENA operations and trends pertinent to that market. Our largest update to date, it is a testament to our continued growth as a business. We are pleased to share the Lockton H1 2024 London Insurance Market Update, intended to keep you abreast with underwriting and risk trends from a London Market perspective. This issue contains insights from 20 business segments across Lockton, along with a spotlight feature on our MENA operations and trends pertinent to that market. Our largest update to date, it is a testament to our continued growth as a business.

Transaction Risk: The Growing Role of Tax Insurance in the Middle East

Insurers have historically been reluctant to provide coverage on tax matters for deals in the Middle East, often excluding tax altogether from insurance policies. However, that is starting to change as the approach of several Middle Eastern countries to taxation is evolving.Insurers have historically been reluctant to provide coverage on tax matters for deals in the Middle East, often excluding tax altogether from insurance policies. However, that is starting to change as the approach of several Middle Eastern countries to taxation is evolving.
See all news and insights