New product to complement cancellatioin an terrorism insurance
Beazley will be providing worldwide public liability and employers' liability for the event industry.
The specialist insurer has developed a package of products that offers worldwide liability, cancellation and terrorism coverage, with the flexibility of annual or single event coverage.
The liability product is initially developed for clients domiciled in UK/Europe, for events taking place worldwide. It is expected to complement the existing product range and expertise that Beazley has to offer the event industry for cancellation and terrorism insurance.
Chris Rackliffe, contingency underwriter at Beazley said: “The expansion of our contingency offering to include event liability insurance is another example of Beazley responding quickly to the needs of its clients and leading the field in product development. This new contingency line will provide flexible, comprehensive, event liability coverage to Beazley clients across its global network.”