Following Superstorm Sandy, one thing became clearer to Beazley: there is a need for event cancellation coverage.
Beazley, a leading insurer of event cancellation and other forms of contingency business at Lloyd’s, says it will start underwriting the risk in the United States beginning in 2013.
“Superstorm Sandy highlighted once again the need on the part of the event organizers for robust event cancellation coverage,” says Chris Rackliffe, head of Beazley’s contingency team, in a statement “We see great opportunity in the U.S. market.”
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.