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We insure special risks in the following fields of business
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Sports
Whether it's a tennis match or a golf tournament, a skiing world cup or a track-and-field
championship, the huge number of events each year lead promoters to offer ever more
spectacular prizes in order to set their event apart from the rest. But the more spectacular
the prize, the greater the financial risk. SRC insures prizes and awards and covers
the cancellation of sports events - resulting, for example, from flooded tennis courts,
fog rolling in shortly before the start of a car race or green slopes at the slalom
competition.
Special risks we cover ...
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Prizes and Awards: When it comes to rewarding prizes and awards for top
achievements in high-level sports - and the financial risks associated with them
- SRC's experience can help to put risks in their place and thus secure your budget.
The business term for this form of insurance is "Prize Bonus" or "Prize
Indemnity." SRC offers individualized solutions in this area.
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Liability Insurance: Damage or injuries suffered by third parties within
an event setting can easily reach sizeable proportions. SRC is your dependable partner,
with knowledge of the risks involved and ready to help find the coverage you require.
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Event Cancellation: Every sporting event costs money, beginning with venue
rental, advertisement, advance booking and much more. Even cancellation insurance
protects from financial losses incurred when an event is interrupted, re-scheduled
or cancelled.
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Weather Insurance: Events are often subject to weather. Whether it's lack
of snow or uninterrupted rainfall - cancellation, re-scheduling and other extra
costs require financial protection.
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