Our multi-jurisdictional team has extensive experience in contingency insurance/reinsurance coverage issues encompassing event cancellation/non-appearance, film insurance, prize indemnity and over-redemption, as well as subrogated recoveries.
We advise on cancellation, abandonment, postponement, curtailment, interruption, reduced attendance and relocation of events claims, as well as ascertained net loss issues. Particularly experienced in the sporting and music industries, experience includes advising on cancelled tour dates due to a boy band member's illness.
We understand the investment at risk for production companies, and handle claims arising when unforeseen events prevent a project's completion. For example, we advised on cast insurance cover for injury to a sports star whilst making a documentary.
Prize indemnity and over-redemption
With the rise of vouchers and special deals, over-redemption insurance demand has grown considerably. We provide coverage advice in racehorse winnings, football pools and bonus indemnity, for example advising on prize indemnity for a hole-in-one in Australia.
Wordings and regulatory issues
Our team advises on regulations worldwide, and assists in setting up strategic partnerships. Recent experience includes advising on contingency wording for the Sochi Winter Olympics.