Event Cancellation Insurance

Because circumstances beyond your control happen

Event cancellation insurance protects revenue or expenses from an event against cancellation, postponement, curtailment, relocation or abandonment of the event for reasons beyond the control of the event organizer. Some of these reasons might include severe adverse weather (hurricanes, tornados, severe winter storms, etc.), venue unavailability (fires, floods, power outages, etc.), threats or acts of terrorism and communicable disease outbreaks. ESP Specialty can provide event cancellation insurance for many events in the U.S., Europe and throughout the world.

Summary of Coverage

ESP's policy protect clients beyond control of the event organizer such as cancellation, relocation, or complete abandonment. Since the policy is "all-cause", the coverage protects clients from events such as severe weather, threats or acts of terrorism, communicable disease outbreaks, non-appearance of a key person or presenter, and much more. In addition, a mandatory reduction in attendance would also be covered. 

Minimum Premium

Minimum premiums are subject to risk purchasing group program restrictions only.

Sample Perils 

  • Severe Adverse Weather (hurricanes, tornadoes, and severe winter storms)
  • Venue Unavailability (from perils such as fire, structural collapse, gas leaks, and flooding)
  • Earthquakes
  • Wildfires
  • Power Blackouts 
  • Communicable Disease (H1N1, Avian Flue, ect.)
  • Non-Appearance of a key Speaker or Entertainer 
  • Major Riots and Civil Commotion 
  • National Mourning (i.e. death of the U.S. President)

Target Insureds  

  • Trade Shows
  • Conferences 
  • Fairs 
  • Major Sporting Events 
  • Concerts

Available Limits

Based on the projected gross revenues or expenses of the event

Up to $85 million in-house capacity

Geographic Scope

Available Worldwide