Insuring a enjoyable time is had by all with occasion insurance coverage

This text was produced in partnership with Ok&Ok Insurance coverage Group Inc.

Desmond Devoy, of Insurance coverage Enterprise America, sat down with Nichole Karst, vice chairman occasions and sights, Stephanie Waldron, chief underwriting officer, and Lorna Hatfield, advertising supervisor at Ok&Ok Insurance coverage, to seek out out extra concerning the enjoyable occasions that the corporate insures.

Insurance coverage doesn’t take the enjoyable out of an occasion – Ok&Ok Insurance coverage insures the enjoyable.

Whether or not it’s the county truthful, a roadside vacationer attraction, or a live performance, brokers have the potential to develop their companies by insuring enjoyable occasions just like the county truthful, a roadside vacationer attraction, or occasion concert events.

“We insure many several types of enjoyable and thrilling dangers at Ok&Ok Insurance coverage,” stated Nichole Karst, vice chairman occasions and sights division. “Festivals and particular occasions are a few of my favourite dangers although. Even after 20 plus years in underwriting, I nonetheless see new forms of occasions yearly!”

Stephanie Waldron, the corporate’s chief underwriting officer, agrees.

“Ok&Ok has greater than 50 years of expertise insuring particular occasions throughout the US,” she stated. “Ok&Ok insures many well-known occasions however we do take our consumer’s privateness significantly. We’ve insured well-known festivals, marathons, political gatherings, non secular occasions, performances, pre-game festivities, and different distinctive gatherings. We insure enjoyable!”

For greater than 70 years, Ok&Ok Insurance coverage has been a constant useful resource for brokers searching for specialty applications within the sports activities, leisure, and recreation business. Their underwriters are specialists in understanding the distinctive protection wants of occasions, from festivals to vacationer sights to political marketing campaign rallies.

“Brokers are in a position to quote and buy protection for smaller occasions on-line whereas bigger occasions with extra advanced protection wants may be written with the assistance of our underwriting workforce,” stated Lorena Hatfield, advertising supervisor at Ok&Ok. “As well as, Ok&Ok’s claims workers are devoted to managing occasions and have many years of expertise in claims decision.”

Defining enjoyable

As with something to do with insurance coverage, there are definitions which can be essential to know relating to any class.

“Festivals are short-term occasion dangers that always function a few of our favourite issues like meals, music, artwork, and group,” stated Waldron. “Vacationer sights are annual operations that appeal to visitors to view and expertise what they’ve to supply. We frequently consider these as sights the place folks ‘stroll and look’ and it’s a broad idea; some examples embody operations equivalent to botanical gardens, museums, historic websites, cultural amenities, and caves, to call just a few.”

With the pandemic days and their restrictions now in our rear-view mirrors, this can be a good time for everybody to get out and about – and it’s a good time for “new alternatives for brokers seeking to develop their enterprise,” stated Hatfield. “Whether or not massive or small, each group has occasions, festivals, gala’s and sights that want insurance coverage and we’re right here to assist. Ok&Ok makes it simple for brokers to work with us – no appointment is required to submit an software for a quote.”

Brokers seeking to cowl smaller occasions can apply and purchase on-line 24/7, which permits Ok&Ok’s underwriting workforce time to deal with bigger occasions that require an underwriter’s expertise.

 Along with insuring occasions and sights, Ok&Ok additionally affords protection for distributors and entertainers collaborating at these occasions; insurance coverage brokers obtain 10% fee when utilizing Ok&Ok’s quote and purchase on-line applications.

Brief-Time period Particular Occasions: Protection designed for smaller occasions with much less advanced protection wants the place whole attendance is 3,000 or much less and with a most variety of occasion days is 10.

Concessionaires/Exhibitors/Distributors: Contains insurance coverage for concessionaires, distributors and exhibitors who promote, show, show or promote their services or products on a short-term foundation at a location that’s away from any owned or long-term leased premises. Choices embody single occasion protection, 3-month protection, 6-month protection and annual protection in addition to an choice to cowl gear and contents. Go to eventinsurance-kk.com.

Entertainer/Performer/Bands and Performing Teams: Legal responsibility protection for entertainers, performers, bands, and performing teams who work on an impartial contractor foundation entertaining at occasions, festivals and different amenities. To use go to eventinsurance-kk.com.