From local tournaments to huge events that attract thousands of spectators, insurance for esports events is crucial to protect the players, coaches, organizers, attendees and the evolving esports industry.
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.
“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
“In the beginning, neither the government nor the insurance industry was prepared to deal with this entirely new technology as fast as it became available,” said independent agent Gerry Zoller. “Today, we see uniform government regulations and several ins
“The pandemic is putting very heavy restrictions on indoor events, which will squash that market down heavily,” says independent agent Mark Di Perno. “However, outdoor events are a different story.”
Independent agent Robert Holmes is a meteorologist by education—and that unique background gives him a leg up when it comes to providing rain and event cancellation insurance for fairs, festivals and concerts.