Event cancellation and non-appearance insurance has been in the headlines recently, following Kanye West’s touring company’s dispute with various insurers at Lloyd’s.
This class of insurance offers important protection to those hosting events, with the main areas of business requiring protection being sporting events, music events and conferences.
Unfortunately Kanye West’s Saint Pablo tour has not been the only cancelled event to hit the headlines this year. There has been a run of natural disasters, terrorist attacks and adverse weather causing cancellations.
In our latest bulletin we look at the different reasons why an event could be cancelled, what insurance is typically available for cancelled events and what tends to be covered and excluded.
Download the full bulletin here – https://www.jltspecialty.com/our-insights/thought-leadership/sport-media-and-entertainment/event-cancellation-and-non-appearance-insurance
This video is for the benefit of clients and prospective clients of JLT Specialty Limited, a subsidiary of Jardine Lloyd Thompson Group plc. It is not legal advice and is intended only to highlight general issues relating to its subject matter but does not necessarily deal with every aspect of the topic. If you intend to take any action or make any decision on the basis of the content of this video, you should first seek specific professional advice.
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Event cancellation and non-appearance insurance