Virtual events have soared in popularity since the pandemic and they are here to stay. But just like live events, virtual or hybrid events face the risk of cancellation or curtailment.
It’s a risk for even the best organised events and can result in a huge financial loss and reputational damage for the organisers. Your event, expenses and revenue can be protected with TMHCC’s tailored Virtual Event and Esport Cancellation cover.
Best for
Any organisation with a financial interest in the successful running of an event:
- Virtual conferences or concerts, whether purely online or hybrid
- Esports events or tournaments
Highlights
- Protect gross revenue or expenses
- All risk coverage for the virtual transmission only, or include coverage for the physical part of your event too with our hybrid solution.
- Computer systems failure included as standard
- Extensions for adverse weather, terrorism, war, civil commotion and national mourning.
- Available for virtual event or esports organisers, promoters, sponsors or anyone with a financial interest in the successful running of the event
- Worldwide coverage
Summary of coverage
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Impact to revenue or expenses should an event be cancelled, abandoned, interrupted, curtailed, postponed or relocated for reasons beyond the control of the Insured
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Examples of covered causes of loss include: computer systems failure; live transmission failure; severe weather conditions (hurricanes, tornadoes, winter storms or torrential rain); fires, including forest fires or bushfires; floods; power outages; acts or threats of terrorism; earthquakes; volcanic eruptions; labour strikes; or civil commotion
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Mitigation costs reasonably incurred by the Insured in an effort to prevent the cancellation, abandonment, interruption, postponement, curtailment or relocation of an event
Contingency documents
To download proposal forms and brochures for Contingency business, click the button below.
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Why choose Tokio Marine HCC?
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.
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