Agents are in a strong position to work with carriers to provide coverage and can be most effective when they specialize and comprehend all aspects of the event their client is seeking coverage for.
Special events insurance coverage for small events has returned to normal after the COVID-19 pandemic—but for certain larger events, the way things used to be is no longer achievable.
The excitement around live events has never been higher, but so are the concerns of organizers, operators and vendors.
As carriers introduce new targeted exclusions and restructure existing special event policies, agents who want to grow their business must stay up to date.
There have been numerous changes in the special events insurance industry. Here are three ways agents can assist clients to become better prepared.
While special events are expected to continue to be scheduled through 2022, the ramifications from the pandemic may continue to haunt the industry.
The world has changed and the special events industry must change with it. Here are four strategies agents can use to help get their clients back to work while managing risk.
COVID-19 hit the special events market hard, yet there is a sense of optimism for when things return to normal. Here are three tips for agents to help clients get ready for when the lights come back on.
When considering the two elements of the special events insurance market—property-casualty and contingency—there’s been a real variance in how the market has been impacted.
“I’m starting to see more people buy these special event policies for even regular parties,” says independent agent Phillip Lewis. “I think consumers today have more of a mindset that they don’t want to be responsible for any exposure from an event, even