Special Events

This optional coverage provides financial protection if a guest is injured in a covered accident, helping event hosts meet common insurance requirements and support safer events.

The special events market has evolved since the coronavirus pandemic, as attendees now have new expectations for events, pushing organizers and the insurance industry to do more.

For agents operating in the market, it’s imperative to understand the transformation that has taken place since the coronavirus pandemic, including changes to event formats, event planning, and audience expectations.

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.

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.