At KEU, we have a clear understanding that every event is unique, and special to you. Our event insurance policies have been developed with the benefit of long term experience as underwriting managers focused on your industry.

As an event organiser, you have probably identified the need for insurance cover for your event, because no matter the size of your event or how well prepared you are, you never know when the worst-case scenario could become your reality.

Our insurance is easy to understand and encompasses two main areas of event insurance: event liability and event cancellation. Both products offer general cover with the option of extending the cover to meet specific needs.

Event Cancellation Cover

As an event organiser, you plan each event with meticulous attention to detail. You have taken the prudent step of event liability insurance and carefully anticipated the risks involved. But what will the financial impact be if the event is cancelled or abandoned?

It could be disastrous. KEU understands that exhibitions, concerts, conferences, processions, festivals and sports events carry a greater risk of cancellation or abandonment because by their very nature, they are cancelled due to circumstances beyond the organiser's control.

For example, natural disasters or fire and explosions may result in cancellation; perhaps technical defects make it impossible to let the "show go on"; or government intervention has put an end to the event. These possibilities are covered in KEU's standard Event Cancellation policy, but there are additional extensions available for adverse weather, riots and the catastrophic non-appearance of key people. There are exclusions, which you need to pay careful attention to and discuss with your broker to ensure that you are clear on the cover you have selected.

It is very important for you to note the documentation requirements of your KEU Event Cancellation Policy, such as an updated comprehensive budget for your event using the specified form. In case of a claim, the latest version of the budget will be necessary to prove the claim.

Only amounts declared in the budget at inception will be taken into consideration in the event of a claim. The specific amounts that will be paid to event organisers differ depending on when the event is cancelled and what existing written agreements are in place.