Contingency

Deep market know-how that ensures strong contingency coverage

Our experienced team can offer both lead terms or follow market capacity. We write our business in the open market, on binders and lineslips and as facultative reinsurance. The Contingency Class Underwriter is Mark Filipek who has in excess of 20 years’ experience in this specialist class. Our underwriting presence and knowledge is accessible from Lloyd’s box 123 on Gallery 1. Offering standard Lloyd’s market wordings or bespoke coverage, from short term contracts to multi-year policies, these can be written stand-alone or in conjunction with other classes.

Our Contingency Products are focused in the following main areas:
- Event promoters
- Festival/fair/carnival promoters
- Concerts/tours
- Artists/bands
- Booking agents
- Conference, exhibition and seminar organisers
- Trade shows
- Sport sponsors
- All major sporting events
- Venues – arenas/amphitheatres/concert halls/convention centres/art centres/sport and music venues
- Sports venues/racetracks
- Advertising agents
- Sports clubs
- Sports associations
- Gaming operators
- Lottery operators
- Casinos
- Marketing and promotion companies
- TV Companies and production companies
- Tournament organizers
Event Cancellation & Abandonment
- Cancellation, abandonment, postponement, interruption, relocation, curtailment or rescheduling of specific events
- Incl adverse weather
- Indoor or outdoor events
- Cover for costs and expenses or gross revenue
Event Cancellation & Non-Appearance
- As per cancellation plus death, accident and/or illness for insured persons – artists and/or bands
- Coverage for promoters and/or artist’s/band’s guarantees or fees
- Including adverse weather
- Indoor or outdoor events
- Cover for costs and expenses or gross revenue
Prize Indemnity
- Cover for statistical and non-statistical games, promotions, games, competitions etc.
- Statistical prize examples are – lotteries, casino games, scratch-cards etc.
- Non-statistical Prize examples are – gameshows, sporting event predictions, conditional
  rebate promotions
- Golf hole-in-one
- Special event promotions (half-court basketball shot or kicking a field goal)
- Direct mail prize redemptions
- Weather prize promotions
- Unique tailor-made promotions can be undertaken to suit the client’s needs
Contract Bonus
- Cover for sponsors and/or sports clubs offering sports incentive contract bonus to their players/riders or teams to achieve certain specific goals or achievements
- Beat world record, win a race or championship, cup competition/league or podium finish
- Mainly for the following sports – football, golf, motor sports, athletics, American sports, tennis, cricket, horseracing and others
Communicable Disease (CD) & Terrorism
- Coverage offered as additional options to cancellation and abandonment policy or cancellation and non-appearance policy
- Cover is NOT offered on a stand-alone basis
- Communicable disease includes Avian Flu/ Swine Flu/SARS
- Terrorism for act and threat only within a specific time and distance
- Civil unrest or commotion plus bio/chem and/or NCBR coverage can also be included on a risk-by-risk basis
Death & Disgrace
- Cover for accidental death or disappearance and disgrace as defined
- Cover for specific events, advertising promotions or annual coverage
- Coverage usually for a specific insured person being a celebrity, athlete, singer,
  TV presenter or model
- Disgrace regarded as where the insured person is brought into public disrepute, contempt, scandal or ridicule which shocks, insults or offends the community and reflects unfavourably on the insured person/advertiser/sponsor
- Any one event/risk/aggregation USD 10 million