https://completemarkets.com/Article/article-post/1906/BORING-OR-SOARING-GREAT-PERFORMERS/
https://completemarkets.com/company/MidlandsManagementCorp/Special-Event-Cancellation-Insurance/
From banquets to festivals and everything in between, your clients need protection from lawsuits, claims of bodily injury and property damage.
Midlands has broad access to multiple liability markets, deep industry expertise, and robust risk-management resources. When forces beyond anyone's control—flood, fire, severe weather or other perils—undo months of planning in minutes, agents can place Event Cancellation Insurance through Midlands to protect your clients’ revenue and expenses.
Midlands Event Cancellation Insurance insures against loss arising from the cancellation, interruption, relocation or postponement of a covered event. Add Event Cancellation coverage to a Special Event policy or place a stand-alone Event Cancellation policy to protect gross revenue, event expenses and additional costs incurred because of a covered loss.
Place your next special event and/or event cancellation risk with Midlands to ensure things go right when things go wrong.
Available Coverages:
• Liability
• Liquor Liability
• Event Cancellation
• Weather Coverage
• Excess
• Property
• Inland Marine
• Spectator Liability
• Commercial Auto
Program Highlights:
• Coverage based on gross revenue or expenses for the event — up to $85 million
• Covers net loss and additional costs or charges paid by the insured
• Optional extensions for disease outbreak, nonappearance, war risks and terrorism
• Fast turnaround with instant quotes and instant policy documents
• Coverage available for single events or multi-event schedules
• A.M. Best rated “A” carriers available through the program
• Competitive pricing and commission structures (varies by market)
• Superior claims handling and benefits coordination, including quick referral service
• Facility can be added as an additional insured at no extra cost
• Large excess limits and hired/non-owned auto available
• Short-term or annual policy terms available
• Hundreds of eligible classes
Available Classes (selected):
• Wedding Receptions
• Banquets
• Auctions
• Fairs and Festivals
• Golf Tournaments
• Inflatable/Moon Walks
• Sporting Events and Races (bike, run, walk)
• Recitals and Theatre
• Educational Seminars and Public Lectures
• Boat Shows
• Rodeos and Parades
• Trade Shows and Booths at Fairs/Shows
• Fireworks and Amusement Rides
• Fundraising Events and Senior Events
• Arts/Craft Shows, Fashion Shows, and Exhibitions
• Street/Block Parties and Refreshment Stands
• Animal Shows, Dog/Horse Races, and Many More
Overview of the Program from Midlands Management Corp
This program is designed specifically for agents placing special-event risks who need tailored Event Cancellation protection alongside traditional special-event liability products. Midlands acts as a managing general agency and carrier intermediary, giving you access to multiple admitted and non-admitted markets, fast quoting, and flexible policy options.
Ideal Accounts and Appetite
Good fits: weddings, community festivals, fundraisers, races, trade shows, recitals, openings, and similar events where revenue or incurred expenses need protection.
Appetite: single events and multi-event schedules with limits and coverages scaled to event size — policies available up to large revenue/exposure thresholds (see Program Highlights).
Typical restrictions: extremely high-hazard attractions or events with known pre-existing cancellations or prohibited activities may require underwriting review or be excluded. Discuss specific risks with Midlands underwriting for guidance.
Coverage Highlights and Advantages
Flexible basis of loss: cover based on gross revenue or event expenses, including additional costs to mitigate loss.
Optional extensions for disease outbreak, nonappearance and terrorism/war risks to match client exposures.
Fast placement: instant quoting and instant policy documents help you bind cover quickly when clients need proof of insurance.
Facility-friendly: facility can be added as an additional insured at no extra cost — helpful for venues that require proof before booking.
Underwriting Notes and Minimum Premiums
Underwriting considers the event type, location, attendance, ticketing/revenue structure, contingency plans, and any high-risk activities. Minimum premiums vary by market and coverage selections. Be ready to provide event revenue/expense estimates, event date(s), cancellation triggers of concern (e.g., weather, nonappearance), and any prior cancellation history when requesting a quote.
Territories and Availability
Available in many states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY. Admitted availability varies by state; Midlands places business in some admitted markets and through non-admitted carriers where needed.
Why Work with Midlands on Event Cancellation
Managing General Agency and carrier relationships that provide wide market access.
Quick quoting and policy issuance — designed for time-sensitive event placements.
Flexibility to add cancellation coverage to Special Event liability placements or to write stand-alone Event Cancellation policies.
Support for complex placements, including large revenue events, excess limits, and specialty extensions.
Example Scenarios
You have a client planning a weekend outdoor festival with $250,000 in ticket sales and vendor fees — Event Cancellation coverage can protect ticket revenue and certain event expenses if severe weather forces cancellation.
An organizer of a multi-day trade show wants coverage for nonappearance of a headline speaker and related lost revenue — optional nonappearance coverage can be added to the cancellation form.
How to Submit Business
Provide event details, estimated revenue/expenses, event date(s), venue information, and any requested optional extensions. Midlands offers fast turnaround and instant policy documents for eligible risks. Minimum premium: varies by market and coverage.
Frequently Asked Questions
What types of events are a good fit for this program?Weddings, festivals, fundraisers, trade shows, sporting events, recitals, and similar public or private events where loss of revenue or incurred expenses from cancellation or postponement is a concern.
Can this coverage be added to a Special Event liability policy or written stand-alone?Yes. Midlands can add Event Cancellation coverage to a Special Event liability placement or issue a stand-alone Event Cancellation policy, depending on your client’s needs.
How quickly can I get a quote and policy documents?Midlands offers fast turnaround with instant quotes and instant policy documents for eligible risks; binding speed depends on underwriting requirements and any optional extensions requested.
Are disease outbreak or nonappearance coverages available?Yes. Optional extensions for disease outbreak, nonappearance, and war/terrorism risks are available subject to underwriting and market acceptance.
Need help placing an account? Connect with a market specialist.