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Event Cancellation

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.

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.

Event cancellation
Conference and exhibition cancellation
Non-appearance
Weather risks - including cover for stabilising income, unseasonal rain, extra expenses and cost containment