At the start of 2020, the live event business already had major issues related to risk management and insurance, ranging from catastrophic weather and attacks on events to cyberattacks and harassment claims. COVID-19 made those risks seem like minor plot points in a movie about natural disasters. It's a sore spot in an environment of recovery. Music tours and festivals are thriving, many sporting events are at full capacity and indoor venues are opening for live performances, although with more restrictions, like vaccine mandates and masks for reopened Broadway shows in certain jurisdictions. The increase in activity will carry on through 2022. But nobody is saying that things will be the same in 2022 as they were in 2019. COVID-19 risk for artists, casts and crews still threatens the viability of some events. Additionally, the shortage of experienced workers for live events has increased the potential for accidents and cancellations. And after the massive number of event cancellations in 2020 led to major losses for insurers, rates have risen across the board. The above slideshow reveals what to expect for entertainment and live events in 2022. Peter Tempkins is managing director for HUB Entertainment Industry Solutions, a fast-growing risk management and insurance brokerage focused on client collaboration with the goal to assess, manage, mitigate and insure against risks. He has extensive insurance experience in all aspects of the music industry from concerts to festivals. This article originally appeared on the HUB International website as part of its 2022 outlook. It is reprinted here with permission. Related: |

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