BeazleyConference & Exhibition

Beazley is an established market leader in providing insurance for the sports, entertainment and conference & trade show industries.

BeazleyConference& Exhibition

Beazley is a market leader in providing insurance for the sports, entertainment and conference & trade show industries.

Our Contingency team has been writing conference and exhibition insurance for 20 years, providing expert cover for some of the largest international exhibition organisers through to global conferences and tradeshows.

This market knowledge and expertise is reflected in a new Conference & Exhibition product for the Australian market available via our local contingency underwriting team or online.

Designed for conference and event organisers

Beazley’s product offers an enhanced level of cover not currently available in the Australian market. The key features have evolved from Beazley’s extensive experience in this class and directly address the needs of conference and exhibition organisers. Beazley’s product protects the organisers’ budget and addresses any uncertainty that can arise when, despite the best efforts of the organisers, it becomes apparent that an event is going to be cancelled or abandoned.

Cover is critical

A natural catastrophe, a man-made event, a freak accident or just an unfortunate set of circumstances can easily lead to:

• an event being cancelled

• a venue being damaged

• a reduction in attendance

• the non-appearance of a key person such as a speaker or performer.

Late 2010 and 2011 witnessed several major events causing widespread disruption including severe flooding in Queensland and Victoria, ash clouds in Europe and Australia and labour union disputes.

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BeazleyConference& Exhibition

Product features and enhancements

In addition to the standard product features such as non-appearance of key persons and enforced reduced attendance, Beazley’s Conference & Exhibition product includes a number of valued product enhancements that complement the standard features:

• no sub-limit for failure to vacate the venue

• terrorism options on a broader basis than provided under the Terrorism Insurance Act, including sub-limited free cover and cover for the threat of terrorism

• return of contracted fees or contracted charges irrespective of whether the insured is contractually obliged to return the fees

• automatic reinstatement of the limit

• requisition of the venue

• cancellation due to a declared state of national mourning

Free limit increases

We have also included innovative free limit increases as standard.

When costs and charges are in excess of the original limit insured we will increase the limit insured by up to 20%. Examples of how this can occur include:

• when expenses are incurred by the organiser to reschedule their event, and despite the organisers best efforts, the event is still cancelled

• the additional costs incurred by the organiser in advising those who need to know that their event is cancelled, and the extra expenses incurred by the organiser to market the date and location of their rescheduled event.

• organisers’ financial commitments such as a block booking of hotel rooms for delegates, which become the responsibility of the organiser when the event is cancelled

www.beazley.com/australia

BeazleyConference& Exhibition

Beazley Access

Arranging cover for clients is quick and simple using Beazley Access – a user-friendly web-based quote to bind system for brokers. This on-line system has been designed with brokers in mind as we recognise convenient and cost-effective access to products is critical.

Beazley Access provides:

• Instant quotes

• Status tracking

• Immediate bind

• White label documentation

Experience means value for money

This comprehensive level of cover is available at a price which is significantly less than you might expect. Beazley has been insuring conferences and exhibitions for over 15 years in the UK, America, Europe and Asia. During this time we have paid many hundreds of claims resulting from earthquakes, ash clouds, terrorist attacks, tsunamis, floods, power outages, damaged venues and industrial action. This experience enables a thorough understanding of the risks faced by conference and exhibition organisers.

PRODUCT COMPARISON

Benefits Beazley Conference & Exhibition Next best product

Sub-limited Property extension

Sub-limited Money extension

Free limit increases to cover unforeseen costs and charges

Broad Terrorism options including a free sub-limit and threat of terrorism

No sub-limit for failure to vacate

Reduced attendance without an excess

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Beazley Group320 Adelaide StreetBrisbane QLD 4000Australia

T +61 (0)7 3228 1600F +61 (0)7 3210 0760

www.beazley.com/australia

The descriptions contained in this factsheet are for preliminary informational purposes only. Coverages are underwritten by Beazley syndicates at Lloyd’s and will vary depending on individual country law requirements and may be unavailable in some countries. The exact coverage afforded by the products described in this factsheet is subject to and governed by the terms and conditions of each policy issued.

Beazley Solutions Limited, Beazley Pte Limited and Beazley Underwriting Pty Limited, are service companies that are part of the Beazley Group. We have authority to enter into contracts of insurance on behalf of the Lloyd’s underwriting members of Lloyd’s syndicates 623 and 2623 which are managed by Beazley Furlonge Limited. Beazley Solutions Limited is an appointed representative of Beazley Furlonge Limited which is authorised and regulated by the UK Financial Services Authority (ref 204896) in its capacity as insurer.

In some or all respects the regulatory system applying to overseas jurisdictions will be different from that of the United Kingdom.

About Beazley’s contingency productsIn addition to the Conference & Exhibition product, Beazley has developed a wide range of products specifically aimed at the entertainment, leisure and sport sector including:

•Eventcancellation •Nonappearanceanddeath•Eventliability •Disablementanddisgrace•Prizeindemnity

About BeazleyBeazley entered the Australian insurance market in 2008 initially with a personal accident offering. Since then Beazley’s Australian business has grown impressively in a relatively short period of time and the company now has 35 employees in its offices in Brisbane and Sydney. The product offering has been expanded to include several contingency products and personal accident.

Beazley Group is a specialist insurance business with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd’s syndicates and, in 2011, underwrote gross premiums worldwide of US$1,712.5 million. All Lloyd’s syndicates are rated A by A.M. Best.

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