Contingency
Christian Phillips
Contingency US Focus Group Leader
Beazley is a market leader in contingency insurance for the sports, leisure, entertainment, conference, exhibition and trade show industries.
Our team of contingency underwriters based in the US and London are the most experienced in the market and have the knowledge and expertise gained over twenty years to advise brokers and their clients on assessing risk and designing the right coverage.
The Beazley difference
- Designing bespoke products to satisfy our clients' exact requirements
- Ease of transaction; business can be placed in the open market, via broker lineslip, binding authority or by reinsurance
- Our on-line capability for automatic underwriting and policy issuance through myBeazley
- Significant capacity available to write the majority of risks 100%
- Owning a comprehensive database of weather statistics to support weather products and event cancellation
- Optional enhancements including terrorism, property damage, war, political risks and political violence
Coverage
- Hurricane business interruption cover due to non physical damage
- Event cancellation - major events, sports, trade shows, conference & exhibition, music, theatre
- Non appearance - music tours, theatre, key speakers,
confidential life and judicial delay - WeatherGuard - pluvius, prize promotions, cost containment,
income stabilisation - Beazley Action - Film - film producers indemnity, property and
cast buy backs - Prize indemnity - probability games, games of skill, games of chance, over redemption
- Political Violence Terrorism
Client Targets
- Event organizers
- Media companies
- Broadcasters
- Sponsors
- Advertisers
- Promotion agencies
Claims
- Experienced and professional claims service
- Rapid adjustment of claims
- Extensive network of advisors for clients
Limits
- Event cancellation - up to £10m/US $15m for standard events and up to £25m/US $50m for major events
- Beazley Action - up to $5,000,000
- PVT - Political Violence Terrorism - up to $20,000,000
Key Territories
Worldwide
News & Views
When the show
does not go on
Beazley underwriter Christian Phillips weighs in on how businesses of all sizes can suffer when performers cancel. Read our latest Insight.
A-Z product guide
From air conditioning suppliers to zookeepers, our Weather Guard product meets the needs of diverse niche businesses. Check out our new Weather Guard brochure.