Hiscox buys events insurer Event Assured

Hiscox has bought specialist events insurer Event Assured.

The business will continue to operate under the Event Assured brand, with the current local management team remaining in place.

However, founder and managing director Brian Kirsch will take on the new role of consultant within the company.

Event Assured’s team of four will work alongside the team of Hiscox event underwriters and claims experts.

The arrangement means that Event Assured’s clients will get access to other Hiscox products, such as specialist production insurance, cyber and data insurance, and directors and officers’ liability cover.

Event Assured specialises in event cancellation and disruption, legal liabilities, professional indemnity, exhibitors’, conference and incentive travel insurance.

Hiscox head of global media, entertainment and events Suzanne Kemble said: “We have been supporting event organisers for more than 30 years and the market continues to be vibrant for those who can offer real expertise and service. 

“Event Assured is a great fit for Hiscox. We share the same passion for the industry and desire to help when our clients need us most, so I’m delighted we are joining forces.”

Kirsch added: “Our clients mean the world to us, and they will continue to receive the same level of support from the team, with the added benefit of access to additional event expertise and products.”