Art & Entertainment

Contingency

Even the most meticulously planned events can face unexpected cancellations or abandonment due to factors beyond your control, ranging from adverse weather conditions to political unrest.

Here’s how we can help:

  • Coverage for costs and expenses, or lost revenue, if your event is cancelled, abandoned, interrupted, relocated, and more.
  • Our coverage is available for any type of event, including concerts and conferences.
  • We offer extended coverage for uncommon situations, such as civil commotion or incidents involving active assailants.
Contingency

Why get contingency insurance with iTOO?

At iTOO, our specialists recognise the enormous financial outlay for event organisers, sponsors and promoters. 

From concerts and festivals, to theatrical productions, conferences, conventions, major sporting events, trade shows, fairs and product launches, our contingency insurance should be first on your planning schedule.

Our solution covers your  expenses or revenue against a range of eventualities. With us, you get the service and expertise you need to protect your revenue or cover your expenses to ensure your peace of mind.

Our comprehensive offer

What's included?

Our contingency insurance gives you cover in the event of cancellation, abandonment, postponement, interruption, curtailment or relocation for reasons beyond your control.

Unforeseen event covers

  • Adverse weather, fires, terrorism, and disease outbreaks
  • Labour strikes, civil commotion, national mourning and unavailability of essential services
  • Non-appearance of a person key to an event

Reasonably incurred mitigation costs

Cover includes any reasonably incurred mitigation costs as a result of preventing the cancellation, abandonment, interruption, postponement, curtailment or relocation of an event.

R65m lost on failed TribeOne festival by City of Tshwane

Clever insurance for clever people

The best events need worst case scenario experts at their side

How to get cover

Ask your insurance broker to contact us for a quote for your contingency cover. Don’t have a broker and want us to recommend possible FAIS registered brokers trained in our products? Find a broker or contact one of our experts. 

To give you a quote, we’ll need the following information:

  • Details of the event
  • Details of the expense or revenue budget
  • Key contracts
  • Your ticket refund arrangement 

Please note that we won’t cover the expenses if the event would have made a loss: the insured should not be in a better position than if the event had gone ahead.

Forms and documents

Contingency experts

Our team of passionate, dynamic, and talented individuals.

How to claim

You’re in the hands of an expert. You can always be assured of professionalism, quick turnaround times and world-class technical knowledge. We’ll keep you in the loop every step of the way. Simply send us an email detailing your claim and our claims department will contact you for specific details.

Frequently asked questions

Can I cover profits/revenue?

Yes but you need to select one, it’s either profits or revenue, we don’t offer cover for both.

Do you provide coverage if no one can attend the event due to circumstances beyond the organiser's control?

Yes we fully cover unforeseen circumstances from bad weather to civil unrest.

Can I request a quote the day before the event?

Unfortunately not, we need to quote at least 14 days in advance.

Is there anything specific I as a broker or client need to know or do before getting cover?

To give you a quote, we require the following information:

  • Details of the event;
  • Details of the expense budget;
  • Key contracts; and
  • Your refund policy

Please note that we won’t cover the expenses if the event would have made a loss, the insured should not be in a better position than if the event had gone ahead.

Mamoeti Nosi
Jaime Zenha

Still have questions?

Can’t find the answer you’re looking for? Chat to our team.

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