Ideal Accounts and Appetite
This program is ideal for clients who produce or host events that involve significant financial exposure. Suitable accounts include:
- Concert promoters and music festivals
- Corporate conferences and trade shows
- Sporting events and tournaments
- Fundraising galas and charity events
- Weddings and private celebrations
If you have clients whose business depends on the successful execution of scheduled events, this coverage is a vital risk management tool.
Coverage Highlights and Advantages
HCC Specialty's Event Cancellation Insurance protects against a wide range of perils that could disrupt an event. Covered causes may include:
- Severe weather (e.g., hurricanes, earthquakes, tornadoes)
- Acts of terrorism or threat thereof
- Venue unavailability due to fire, flood, or power outage
- Non-appearance of a key speaker or performer
- Labor strikes
- Communicable diseases
Coverage can be tailored to match the unique exposures of your client’s event. HCC Specialty works with top-rated carriers to provide broad coverage at competitive rates.
Underwriting Notes and Minimum Premiums
Minimum premiums for this program vary based on event type, size, location, and exposure. Quick quotes are available online via the TotalEvent™ Insurance Online platform, or you can download an application at this link.
Submission requirements typically include event details, budget, revenue estimates, and contingency plans. The underwriting team at HCC Specialty is experienced in evaluating a wide range of event risks and can turn around quotes quickly.
Territories and Availability
This program is available in most states, including but not limited to CA, TX, FL, NY, IL, and WA. HCC Specialty places coverage with various carriers, and the program is admitted in most available states.
Why Work With HCC Specialty Underwriters, Inc.
HCC Specialty Underwriters, Inc., a leading Managing General Agency, has deep expertise in contingency and special event coverages. With access to top-rated carriers and an efficient online platform, they make it easy for brokers to quote and bind coverage for time-sensitive events. Whether you're working with a nonprofit hosting a major fundraiser or a corporation planning a high-profile trade show, HCC Specialty understands the stakes and delivers tailored solutions with speed and accuracy.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Ideal accounts include concerts, festivals, conferences, trade shows, sporting events, and private functions that involve significant financial investment and public attendance.
What perils are typically covered under this program?
The policy can cover event cancellation due to severe weather, terrorism, venue issues, key person non-appearance, labor strikes, and communicable diseases, among others.
Can I submit applications online?
Yes, brokers can apply online using the TotalEvent™ Insurance Online platform or download a paper application from the HCC Specialty website.
Is this program available in all states?
The program is available in most U.S. states, including key markets such as California, Texas, Florida, and New York.
What is the minimum premium for this coverage?
Minimum premiums vary depending on the event type, size, and risk exposures. Contact HCC Specialty for a quote tailored to your client’s event.
Need help placing an account? Connect with a market specialist.