JLT Sport

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A full range of insurance solutions

JLT Sport is a specialist in designing insurance solutions across a range of major event risks that include:

• Event cancellation: We're specialists in event cancellation insurance. We understand the financial exposures you face and design insurance solutions to protect against financial loss helping create a more attractive investment. Major event revenues are subject to the event proceeding, and the definition of 'proceeding' will be agreed in a contract between the event organiser and the broadcaster. By involving JLT Sport throughout your broadcast revenue negotiations we can design a bespoke contingency policy should the event be cancelled or abandoned.
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• Terrorism: Major events are increasingly at risk from direct and indirect terrorist attacks, and require insurance programmes that protect loss or damage to property, loss of revenue and public liability. With many insurers excluding or sub limiting terrorism, JLT Sport can arrange fill in cover around this major exposure.
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• Liability: Major event liability is complex due to the range of activities involved (from provision of stadium facilities, participant and spectator risks, to security and catering arrangements). JLT Sport can design a bespoke insurance and risk management strategy solution for your event.
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• Personal Accident: We have experience in providing Personal Accident & Illness programmes for major event participants, officials and volunteers.
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• Contractual Bonus: Elite sport involves significant performance related bonus payments and provision for this often needs to be made on balance sheets prior to the event. This ties up financial resources and can make the budgeting process extremely difficult. We design tailored risk transfer solutions to take the uncertainty out of contractual bonus remuneration.
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• Prize indemnity: A prize indemnity programme is a great way to bring an exciting new dimension to the game for your spectators and other stakeholders. We can advise on policies for a large, eye-catching prize (e.g. a £500,000 hole-in-one challenge for spectators) for a fraction of the potential payout.
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