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Contingency - Event Liability Insurance

Specialty
AXA XL Insurance’s contingency insurance coverage is focused on event cancellation and liability insurance for sports, entertainment and trade shows, as well as prize indemnity insurance. We are highly experienced in North American and UK business and can also accept business from across the globe.

Product details

Capacity

Maximum Capacity USD 200m

Coverage

Liability insurance for sports, entertainment and other event organizers and promoters may not provide coverage for financial exposures such as contractual liabilities, lost revenues and ticket refunds. Contingency insurance from AXA does exactly that.

Our product also provides the contingent finance for prize events, competitions and bonus payments, so that promoters do not have to tie up funds for something that might never happen.

Our key areas of interest are:

  • Event cancellation and abandonment
    • Corporate events
    • Sporting events
    • Trade shows
    • Music festivals
  • Prize indemnity
    • Lottery
    • Game shows
    • Hole in one
    • Contractual bonus
  • Non-appearance
    • Music tours
    • Key speakers
    • Theatre production
  • Weather related risks
    • Advertising shoots
    • Pluvious cover
  • Film producers’ indemnity
    • Film production
    • Death & disgrace.

Online Contingency Insurance Platform
​ We also offer a quick and easy to use online product which enables you to quote and bind in under a minute. It is available through our online trading platform, Angelunderwriting.com and provides insurance for Hole in One, Prize Indemnity, Event cancellation and Abandonment and Event Liability.

Benefits & Services

We can offer cover otherwise excluded from a standard contingency insurance wording such as:

  • Terrorism
  • War
  • Nuclear, chemical, biological or radiological attacks
  • Political violence

Information and Research

Contingency

Combined Terrorism Event Cancellation Insurance

The information contained herein is intended for informational purposes only. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy forms for specific coverage details. AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk Consulting. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

Contact Us

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