SPECIAL EVENTS GUIDE CARRIERS PAGE APPLICATION

Transcription

1 SPECIAL EVENTS GUIDE All types of for-profit and nonprofit organizations hold events which expose them to losses resulting from General Liability, Liquor Liability, weather or the event being cancelled. CARRIERS PAGE APPLICATION UNITED STATES LIABILITY INSURANCE WESTCHESTER DEVON PARK SPECIALTY BEAZLEY (Event Cancellation) BEAZLEY (Weather Guard) DOWNLOAD DOWNLOAD DOWNLOAD DOWNLOAD DOWNLOAD RECENTLY WRITTEN BUSINESS: 1. Party ($2,359) 2. Music/Food Festival ($2,144) 3. Rodeo ($2,044) 4. Fall Festival ($1,749) 5. Free Concert ($1,599) 6. Gala ($545) 7. Public Job Fair ($300) 8. Expo ($295) CLAIM EXAMPLES: Sally attended a golf tournament and tripped over a sprinkler head. She suffered a fractured knee cap, and needed reconstructive surgery. Medical bills totaled $10,000. A company held a theater performance at a local high school auditorium. Fake blood was used for a special effect, and the fake blood damaged the curtains in the auditorium. The property owner of the facility is suing the company for the damage to the curtains totaling $7,500. An attendee was drinking heavily at a holiday party hosted by the insured. While driving home, the attendee lost control of her vehicle and hit a tractor-trailer head on. The driver of the truck suffered severe injuries. The driver brought suit against the host of the party for negligence in serving the intoxicated guest. The driver s injuries total $300,000. Phone: Fax: Website:

2 The Main Event Special Event Product We have the ability to provide fast quote turnaround for your Special Events. Eligible classes can be covered for General Liability, Liquor Liability or both! PRODUCT FEATURES: General Liability Coverage and/or Commercial Liquor Liability coverage available for events with up to 10,000 attendees per day on most risks The Host - Host Liquor Liability available for one-day events with 500 or less attendees in many states Separate limits for General Liability and Host Liquor Liability Automatic coverage for volunteers, temporary or leased workers, and committee members Food and beverage Product Liability included in the General Aggregate Medical Payments coverage Coverage for damage to rented premises Property owner can be included as Additional Insured at no charge GREAT COVERAGE FOR: Beer Gardens/Beer Tents, Concerts/Musical Performances, Festivals, Parties, Sporting Events, Motor Vehicle Events, Car Shows, Conventions/Trade Shows/Exhibits, Fund Raisers, Parades, Picnics, Weddings/Receptions and many other miscellaneous events LIMITS OF LIABILITY: Limits of $1,000,000/$2,000,000 available ADDITIONAL ADVANTAGES: Low minimum premium A.M. Best rated A++ carrier Online quote, bind and issue system This document does not amend, extend or alter the coverage afforded by the Policy. For a complete understanding of any insurance you purchase, you must first read your Policy, Declaration Page and any Endorsements and discuss them with your Broker. A specimen policy is available from an Agent of the Company. Your actual Policy Conditions may be amended by Endorsement or affected by State Laws. SEL-NR 2/08

3 USLI SPECIAL EVENTS INSURANCE Make Your Event Perfect with the Main Event Product General Liability and Liquor Liability for Your Events Why Coverage is Important: Separate limits for general and liquor liability Extended coverage for events lasting past midnight for no additional premium Food and beverage product liability included in general liability GET A SPECIAL EVENT QUOTE TODAY! EVNT-NOW USLI.COM/QUOTENOW Events connect people to organizational causes and more through lively venues, entertainment, food and drink. They are a major commitment of time, money, energy and public relations. Each event is unique, but every scenario could encounter many of the same risks like food poisoning, property damage or negligent service to an intoxicated underage person. Our Main Event coverage will help your organization maintain integrity should these risks and more occur. Eligible classes can be covered for general liability, liquor liability or both! Why USLI? A Berkshire Hathaway Co. In by 2, out by 5 service premium A++ rating by A.M. Best

4 Coverage for The Main Event Why Coverage is Necessary: General Liability: A pedestrian was struck by a motorcycle where the insured event sponsor was directing traffic. She suffered torn ligaments and tendons in her ankle along with back injuries. Medical bills and loss of wage claims exceed $68,000. Liquor Liability: A The intoxicated claimant attending a rodeo was struck and killed while crossing the street on foot. An aggressive investigation determined the claimant, with a.26% blood alcohol level was refused service by the insured. We successfully convinced the attorney to drop the case and minimal expense costs were paid out. General Liability: Insured held a theater performance at a local high school auditorium. Fake blood was used for a special effect, and the fake blood damaged curtains in the auditorium. The property owner of the facility sued the insured for damage to the curtains totaling $7,500. Most Common Ineligible Risk Characteristics: Mechanical rides or devices Use of firearms or fireworks Liquor coverage requested in AL, IA, IL, MS, OR, RI Check out our other Special Events Products The Host The Long Shot Wedding Plus

5 USLI.COM Why buy special event coverage for your wedding? TYPICAL REASONS WHY COVERAGE IS IMPORTANT u Homeowner s policy may cap their host liquor liability limit at $300,000 or exclude host liquor completely u Homeowner s policy may not provide the high limits required by the facility or sponsor, and/or will not add an additional insured to the policy u Personal umbrella policy may contain a liquor liability exclusion u Banquet facility may require you to carry your own general liability and liquor liability insurance u Peace of mind on your big day u $1,000 sublimit for lost deposits (cost to reimburse for a lost deposit if a vendor goes out of business, declares bankruptcy or fails to show up) included for no additional charge u Up to three additional insureds including the banquet hall facility owner can be included for no additional charge u Experienced carrier with an A++ rating by A.M. Best u Competitive premiums starting at $250 WHY CHOOSE OUR WEDDING PLUS SPECIAL EVENT POLICY? Our policy features: u General liability and host liquor liability coverage included with separate limits (important if there are multiple large claims) u Coverage for property damage caused to the rented banquet hall facility (your guest could spill red wine on the carpet and you could be held responsible) u Medical payments coverage is provided (your guest could fall on the dance floor and may seek coverage for their medical expenses) u Food and beverage product liability is included (your guest could become sick from spoiled food served at your wedding and you could be held responsible) u No general liability deductible u Rehearsal date can be included for no additional charge u $1,000 sublimit for wedding attire (cost to repair or replace the bride or groom s attire if damaged or stolen) included for no additional charge This document does not amend, extend or alter the coverage afforded by the Policy. For a complete understanding of any insurance you purchase, you must first read your Policy, Declaration Page and any Endorsements and discuss them with your Broker. A specimen policy is available from an Agent of the Company. Your actual Policy Conditions may be amended by Endorsement or affected by State Laws. WPP-Why Buy 8/10

6 Westchester Binding SPECIAL EVENTS Without proper insurance coverage, most Special Events cannot take place. Westchester offers broad coverage on a standalone policy for individuals and business entities with Special Event exposures, to ensure events can go off as planned. General Liability and Liquor Liability coverage is available for a multitude of event types and activities, with special pricing and coverage offered for host exposures. Product Highlights Offers General Liability and/or Liquor Liability coverage Includes first Additional Insured for no added premium Food and beverage product liability is included in the general aggregate limit Coverage for damage to rented premises Coverage included for volunteers, temporary or leased workers, and committee members No deductible for General Liability or Liquor Liability Waiver of Subrogation and Primary/non-contributory wording available Special host Liquor Liability is available for events with 500 attendees per day. Enhanced coverages for host Wedding Events Loss of Deposits and Damage to Wedding Attire included Coverage for jewelry, photographs, gifts, cancellation, and rehearsal dinner available Instantly quote and bind on our online system Limits Available $1M/$2M General Liability & Liquor Liability up to $3M/$3M for eligible events Separate limits can be chosen for either line of coverage Preferred Event Types Weddings Concerts Conventions/Trade Shows Parades Picnics Sporting Events Fundraisers Car/Motor Vehicle Shows Miscellaneous Events Restricted Activities Fireworks Hot air balloon rides Overnight camping Events taking place on water Medical treatments or health screenings Haunted houses, hayrides or corn mazes Events in AL, MS, WV, RI, LA or AK Insurance provided by Westchester Fire Insurance Company and its U.S. based Chubb underwriting company affiliates. Chubb is the marketing name used to refer to subsidiaries of Chubb Limited providing insurance and related services. For a list of these subsidiaries, please visit our website at new.chubb.com. All products may not be available in all states and surplus lines products can only be offered through licensed surplus lines producers. This communication contains product summaries only. Coverage is subject to the language of the policies as actually issued /

7 Special Events Our Special Events product provides coverage for those holding a broad range of public or private events. Eligible Risks: Liability for events with 10,000 to 20,000 attendees or consumers per day One-day and multi-day events Events such as, but not limited to, festivals, conventions, conferences, trade shows, lectures, exhibits, fairs, concerts and sporting events Additional Advantages: Superior quote service Competitive pricing Prompt claims team A Berkshire Hathaway Company Product Advantages: Separate limits for general liability and liquor liability No general liability or liquor liability deductible Set-up and take-down coverage available Coverage extends for events that run past midnight, with no additional charge Property owner can be added as additional insured, with no additional charge Claim Examples: General Liability: An attendee was waiting in line with a crowd of people at an outdoor event. Amid the crowd, she was accidentally pushed against a corn-roasting machine. She suffered second and third degree burns to her arm and endured extensive medical procedures. The claim amounted to over $435,000. Liquor Liability: A class reunion was held at a beer garden from 6 p.m. to midnight. One guest consumed a number of drinks and left after several hours of attendance. On his way home from the event, he lost control of his vehicle, veered off the road and hit a bridge pillar. He was killed at the scene. His wife, who was pregnant at the time, brought action against the event holder. The total payment amounted to $145,000. This document does not amend, extend or alter the coverage afforded by the policy. For a complete understanding of any insurance you purchase, you must first read your policy, declaration page and any endorsements and discuss them with your agent. A sample policy is available from your agent. Your actual policy conditions may be amended by endorsement or affected by state laws. 3/16

8 Products Terms Target Markets Event Cancellation & Non-Appearance Event Cancellation Cancellation, Abandonment, Interruption, Curtailment, Postponement & Relocation All Cause Examples of loss events include fire, flood, power failure, snowstorm, severe adverse weather, earthquake Some additional coverage add-ons: communicable disease, terrorism (act or threat), war, etc. On-line broker access portal quote to bind document generation. BeazleyAccess.com Non-Appearance Death, Accident, Illness or Travel Delay of key speaker, performer Death, Disablement and Disgrace for celebrities in promotional or advertising campaigns Catastrophic non-appearance USD 50m E.C. USD 7.5m N.A. Up to 3 year policy terms Ascertained net loss indemnity based on Expenses or Revenues First year events, Expenses only (can include Fixed Revenues) Non-Admitted Event Locations - Worldwide Concert Promoters Event Organizers Band Managers Fairs/Festivals Sporting Event and Sporting Venues Tradeshows, Conferences and Exhibitions Theater Media Companies Sponsors Advertisers Advertising Promotion Agencies Weather Guard Perils: Snow, Temperature, Rain Pluvious Cover (Event Weather) Pre-determined weather triggers lead to losses at an event such as a fair, festival or concert Sales Promotions Creates distinct marketing campaigns linked to weather, support sales targets and differentiate from competitors Income Stabilization Uses the occurrence of a lack of weather events to normalize operating revenues Cost Containment Uses the occurrence of an excess number of weather events or to normalize operating expenses Online micro site - BeazleyWeatherGuard.com USD 5m Up to 12 month policy term Agreed value or Ascertained net loss indemnity available Admitted coverage offered through WKF&C Non-Admitted covered offered through Beazley Utilize a weather database with over 5,500 weather stations Concert Promoters Event Organizers Band Managers Fairs/Festivals Sporting Event and Sporting Venues Commercial Shoots Snow Contractors Golf Courses Hotels, Restaurants Retail (Jewelers, Electronics, Auto) Municipalities Prize/Promotions & Over Redemption Games of Skill Hole-in-one, half-court basketball attempts, etc. Games of Chance Lottery and other mathematical games Over Redemption Insurance protection promotions that end up with higher success rates of activation than reasonably anticipated and budgeted for USD 5m Up to 24 month policy term Indemnity Non-Admitted Advertisers and Advertising Agencies Sponsors Sporting Events Charity Events Game Shows Retail Promotions Brand Manufacturers Radio Stations Please Note: Film Wrap up programs for Advertising Agencies (AAI) and Commercial Producers (CPI) will be available in Q on an admitted basis.

9 Weather Guard Don t get left high and dry. Keep your business buoyant whatever the weather.

10 Weather Guard Millions of U.S. businesses from air conditioning suppliers to zoos are vulnerable to demand shortfalls or increased costs due to adverse weather. Others may be able to create intriguing marketing promotions with payouts tied to weather triggers. With access to more than 40 years of data from 5,500 weather stations, Beazley can craft solutions that protect businesses against the downside (and maximize the upside) of an increasingly volatile climate. Insurance has covered weather perils for centuries. But Weather Guard embodies a radically new concept, covering weather-related perils that have historically not been offered. How seasonal is your business? The most obvious beneficiaries of Weather Guard s unique coverage are businesses that are highly seasonal, relying on a brief window for the bulk of their sales. Such businesses some examples of which are given on the chart (right) are highly vulnerable to adverse weather during their peak season. Companies of this kind can select the period and weather peril for which they require cover and, if poor weather dents demand by more than a pre-agreed amount, Beazley s underwriters will reimburse the loss of business they have suffered. Marketing promotions and loyalty programs The weather can also serve as a trigger for marketing promotions or loyalty programs. For example a hotel could reimburse its guests if the weather during their stay has been consistently dreadful. Better still, the hotel could give the guests vouchers for another stay, at a time of their choosing, at the same hotel or another in the chain. Alternatively, a company could offer customers money back on a purchase if the weather during a set period exceeds a pre-agreed benchmark a sizzling Valentine s Day for a florist or jeweler for instance. The opportunities are endless. All that snow had to go The third category of organizations supported by Weather Guard are those that incur additional and potentially heavy costs as a result of unseasonably bad weather. An obvious example might be municipalities that need to rent additional equipment and face higher than expected clean up costs after a more than usual amount of snow and/or number of snow storms. Weather Guard can protect them against these additional costs provided that the number of snow storms and/or snowfall exceeded a certain pre-agreed level. Tailored coverage and responsive claims service to meet your needs Weather Guard is not one size fits all insurance. In each case, Beazley s underwriters work closely with you and your broker to craft a policy that covers your individual needs. That way you get the protection you need and don t overpay for unnecessary coverage. To take one example, if you have a peak two-week period for sales for example in the run up to a major holiday we can provide weather-related income stabilization coverage for that two-week period. There is no need for you to buy a more expensive policy running for a month or more. Of course an insurance policy is not worth the paper it s printed on unless it is backed by prompt, reliable claims service. Ours is. We are one of the largest and most experienced insurers of weather-related risks principally event cancellation in the global market, insuring five out of the top six global event organizers. In 2012, we paid substantial claims arising from superstorm Sandy. In particular, we led the coverage of the New York Marathon, cancelled in the aftermath of the storm with less than 48 hours left to the race start. The resulting claim was described by the broker, an event cancellation specialist, as by far the most complicated he had witnessed in 22 years. It was settled within six weeks and in 2013 Beazley once again insured the New York Marathon, which took place without incident.

11 Your business Your risk Promotion Income stabilization Cost containment Marketing campaigns linked to weather perils can be insured through Weather Guard, offering consumers their money back should a predetermined weather trigger occur on the promotional date. Many companies are vulnerable to demand shortfalls in the event of unfavourable weather, particularly when their business is highly seasonal and most sales take place during a short window of opportunity. Weather Guard can help. Air conditioning suppliers BBQ gas suppliers BBQ manufacturers Car dealers/franchises Carnivals Casinos Coffee shops Construction companies Flower stores Furniture stores Garden centers Gas stations Gift wrapping/card stores Golf courses Golf merchandise manufacturers Halloween stores Holiday home lessors Home appliance stores Horse race tracks Hotels Ice cream sellers Independent retail stores Jewelry stores Landscape firms Leisure centers Movie theaters Museums Restaurants Snow blower manufacturers Snow removal firms Spas Theme parks Weather Guard can cover costs and expenses for example for snow clearance that rise beyond their budgeted amount due to unseasonably bad weather. Tire companies Townships Tour bus companies Water parks Zoos

12 The descriptions contained in this communication are for preliminary informational purposes only. The product is underwritten by Beazley syndicates at Lloyd s and is available in the US on a surplus lines basis through licensed surplus lines brokers and is also available on an admitted basis through a specialist partner. The publication and delivery of the information contained herein is not intended as a solicitation for the purchase of insurance on any US risk. Coverages will vary depending on individual country law requirements and may be unavailable in some countries. The exact coverage afforded by the products described herein is subject to and governed by the terms and conditions of each policy issued. Some coverages are made available through Beazley Pte Limited and Beazley USA Services, Inc., which are service companies that are part of the Beazley Group and have authority to enter into contracts of insurance on behalf of the Lloyd s underwriting members of Lloyd s syndicates 623 and 2623 managed by Beazley Furlonge Limited. Beazley Furlonge Limited is authorised and regulated by the UK Financial Services Authority (ref ) in its capacity as insurer. Beazley Pte Limited does not transact business in the US. Beazley USA Services, Inc. is licensed and regulated by insurance regulatory authorities in the respective states of the US and transacts business in the State of California as Beazley Insurance Services (License#: 0G55497). CBPCG033_US_12/13