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 (opens a new window)

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

Key Contacts

Placeholder image

Sarah El Ariss

Client Manager - AVP

Contact Us

Latest news and insights

As the foundational infrastructure for today’s digital economy, data centers pose exacting standards to stakeholders at each phase of development. From design to operation: embedding resilience across the data center lifecycle

From design to operation: embedding resilience across the data center lifecycle

article
As the foundational infrastructure for today’s digital economy, data centers pose exacting standards to stakeholders at each phase of development. And in today’s AI‑powered world – as energy constraints tighten and regulation evolves – risk expands across ever ...
Read moreFrom design to operation: embedding resilience across the data center lifecycle

Lockton Secures Reinsurance Licence in Saudi Arabia Appoints Mohammed Al Rowais as CEO for Reinsurance

Lockton Secures Reinsurance Licence in Saudi Arabia Appoints Mohammed Al Rowais as CEO for Reinsurance Lockton Secures Reinsurance Licence in Saudi Arabia Appoints Mohammed Al Rowais as CEO for Reinsurance

Political Violence & War Coverage

Recent developments in the Middle East have led insurers to take a closer look at political violence and war risk across the region. For organisations with operations, assets or supply chains connected to the Gulf, this has created a more fluid environment for insurance discussions. Political violence cover exists to support organisations through periods of uncertainty. While uncertainty itself is not new, the pace at which market conditions are evolving has increased, making early awareness and timely conversations more helpful than usual.Recent developments in the Middle East have led insurers to take a closer look at political violence and war risk across the region. For organisations with operations, assets or supply chains connected to the Gulf, this has created a more fluid environment for insurance discussions. Political violence cover exists to support organisations through periods of uncertainty. While uncertainty itself is not new, the pace at which market conditions are evolving has increased, making early awareness and timely conversations more helpful than usual.

Organisation Recovery

Volatility and uncertainty are no longer intermittent challenges for businesses — they are part of day-to-day operations. Against the backdrop of tensions in the Middle East, businesses are navigating an environment where disruption can emerge quickly and from multiple directions. Yet what shapes performance amid this volatility has less to do with the disruption itself than with an organisation’s ability to respond, adapt and recover. Research from McKinsey & Company and SAP found that only around 25% of companies consider themselves to be fully resilient[1,2]. Those that can proactively build resilience in turn gain a competitive advantage. This moment calls for organisations to take a more deliberate look at how they strengthen readiness, resilience and protection across their people, finances and operations. Volatility and uncertainty are no longer intermittent challenges for businesses — they are part of day-to-day operations. Against the backdrop of tensions in the Middle East, businesses are navigating an environment where disruption can emerge quickly and from multiple directions. Yet what shapes performance amid this volatility has less to do with the disruption itself than with an organisation’s ability to respond, adapt and recover. Research from McKinsey & Company and SAP found that only around 25% of companies consider themselves to be fully resilient[1,2]. Those that can proactively build resilience in turn gain a competitive advantage. This moment calls for organisations to take a more deliberate look at how they strengthen readiness, resilience and protection across their people, finances and operations.
See all news and insights