Event planning and insurance over the last couple of years has become more complicated with the advent of virtual and hybrid meetings. These meetings tend to be more expensive, particularly a hybrid meeting and losses, should something go awry can be even more costly. Due to the rise in the number of virtual and hybrid events, the insurance industry is slowly changing to be able to respond to the challenges of hybrid and virtual events. New virtual event cancellation…
Whether you are the event planner or the event host, there are potential financial risks that have to be taken into consideration when evaluating your insurance portfolio. Planning, organizing and hosting an event has lots of moving parts. Venues to be booked, caterers to hire, ticket sales – it’s an endless list of logistics. You may be concerned about injury to guests, accidental damage caused by a third party vendor or guest to the venue. No matter how well…
Contingency/Disaster Planning, Event Operations, The Business of Meetings
