Event season is approaching highlighting the importance of event insurance
The events industry is booming in the United Kingdom with events of all types and sizes being held in virtually every city, town and village up and down the country.
This huge industry is a worth a staggering £42.3bn and supports an incredible 570,000 full-time jobs. And that’s just for starters! A colossal 35% of Britain’s visitor economy is accounted for by events and the top ten UK event agencies turnover more than £3.5bn.
Britain’s year-round, nationwide events are held at a whole host of venues with more than 7,000 events taking place outdoors each year.
Charity events are also on the rise with 56% of charitable organisations having seen their event fundraising income rise in recent years.
Music festivals and concerts are also booming, with British music events attended by around 27.7 bn people every year.
For any group, business or organisation running an event, insurance is often the last consideration. It is vital they have the appropriate cover in place to protect themselves from the numerous potential mishaps and issues that could go wrong and impact the event.
Nelson Sport & Leisure offer solutions for intermediaries looking to arrange cover for a whole host of events. These events include:
- Charity events
- Festivals or concerts (music)
- Food events
- Fundraising events
- Sport or Leisure
The key features of our event cover are:
- Single (one off) or Multiple (annual) policy available
- Public Liability Extensions available include Advice, inflatable devices, pyrotechnics, participant to participant liability
- Event Cancellation including non-appearance. This can be extended to include terrorism and national mourning
Optional cover includes:
- Legal Expenses
- Hired-in Equipment cover available
To find out about Nelson Sport & Leisure’s event insurance products, get in touch with Nelson Policies at Lloyd’s friendly team of Sport & Leisure insurance experts.
Tel: 0203 058 2495
Email: Sportleisure@nelsonpolicies.co.ukBack to Blog
Q&A with … Kelly Staggs our longest serving team member, renewals underwriter.
As I oversee all the commercial renewals, I like the fact I am continuously kept busy. Every day, I am reviewing a different type of risk and seeing how other people would underwrite it. I also like having the ability to re-review a risk and provide the best options for both the Insured and broker.
2021/22 Premier League season is underway
Following an exhilarating summer of sport, which began with the Euros 2020 and ended with the Tokyo Olympics, the new Premier League season is underway, with fans everywhere enthusiastic about their team’s prospects for the games ahead.
Water leak claims increase by over 30% in Q1 2021
The number of claims made for water leaks in the home were up by more than 30% in the first quarter of 2021 compared to the same period the year before.