Hiscox acquires events insurer
Insurer Hiscox has strengthened its event insurance offering with the acquisition of Event Assured, a specialist provider of insurance for the events sector.
The business will continue to operate under the Event Assured brand, with the existing local management team remaining in place. The team of four will work alongside the existing team of Hiscox event underwriters and claims experts.
Founder Brian Kirsch will continue to provide strategic insight as a consultant.
Event Assured’s expertise includes event cancellation and disruption, legal liabilities, professional indemnity, exhibitors, conference and incentive travel insurance.
Suzanne Kemble, head of Hiscox’s global media, entertainment and events, said: “We have been supporting event organisers for over 30 years and the market continues to be vibrant for those who can offer real expertise and service. Event Assured is a great fit for Hiscox, we share the same passion for the industry and desire to help when our clients need us most, so I’m delighted we are joining forces.”
Brian Kirsch, managing director, Event Assured said: “After 25 years of investment into the Event Assured brand, I am pleased we are now part of the Hiscox Group of companies. Our clients mean the world to us, and they will continue to receive the same level of support from the team, with the added benefit of access to additional event expertise and products.”
Martin Linfield, underwriting manager for Hiscox events, added: “Our customers have always wanted a one-stop solution for their insurance needs. Teaming-up with Event Assured means that we are now able to cover all conferencing and exhibitor insurances; everything from event cancellation, professional liabilities to the personal possessions of directors.”
