Contingency

Sports & special risks

Our special insurance concepts protect you comprehensively and help you achieve your business or advertising goals. Because as a “player” in the international world of sport, you need appropriate support in addition to a clear risk awareness. We offer this to you with all our expertise.

Or do you want to risk that the testimonial advertising will be a flop because the star can no longer be placed in public? That with a sponsorship agreement unexpected success bonuses for teams and top stars make the marketing budget incalculable? That spectacular competitions and promotions, despite all probability calculations, overturn the financial concept? That sporting failures such as relegation from the league or lack of presence in international business endanger long-term investment and financing planning?

We will help you with our sophisticated insurance concepts and put you on the winning side in every case.

We also offer you our know-how as a consulting partner.

Do your future company profits depend on the outcome of sporting events and you are looking for a professional risk assessment? Are you organizing a competition and would you like to involve an external partner to ensure that the drawing runs smoothly? Are you offering a special Hole-In-One prize and are you looking for someone to monitor the event?

We offer you a wide range of services relating to sports and events, please contact us.

Event cancellation insurance

Event cancellation insurance covers the financial loss caused by a total failure, i.e. a cancellation before the start of the event, or by a cancellation, i.e. the termination of an event that has already begun. Event cancellation insurance is usually an all-risk cover, so that all causes of a cancellation are covered, with a few explicitly mentioned exceptions. Large events in particular incur high expenses in advance due to advertising and organizational costs, so that the risk of reduced income or no income must be covered. The event cancellation insurance is individually adapted to the organizer's risks.

Weather insurance

The insurance covers damage that occurs as a result of the cancellation, cancellation or restricted implementation of a planned event due to adverse weather conditions, storms, rain, hail or, in the special case of ski racing or ski jumping, for example due to a lack of snow or fog.

Non-appearance default insurance

The insurance covers damage that arises as a result of the cancellation or cancellation of a planned event if named people (key people) are absent due to accident, illness or death.

TV signal and streaming outage insurance

The insurance covers damage that occurs as a result of a total or partial failure of the TV and/or streaming signal as part of a planned transmission.

Advertising banner failure insurance

Versichert sind Schäden, die entstehen in Folge eines Total- oder Teilausfall von Werbebanden, wie zum Beispiel LED-/LCD- oder Drehbandensystemen im Rahmen einer geplanten Veranstaltung. Insbesondere im Rahmen von Live-Übertragungen von Sportveranstaltungen.

Organizer liability insurance

Versichert ist die gesetzliche Haftpflicht des Versicherungsnehmers privatrechtlichen Inhalts aus allen Planungs-, Vorbereitungs-, Durchführungs- und Abschlussarbeiten der Veranstaltung.

Prize Bonus Insurance

Many compensation systems in professional sports and the advertising industry provide for variable bonuses that depend on sporting success. Sponsors pay bonuses when the club or athlete wins a title; Clubs have to pay higher salaries to athletes if they are successful in sport, and even in the advertising industry, additional bonuses for personal testimonial successes, such as winning the “Sportsman of the Year” award, are not uncommon. The financial loss that occurs when such variable remuneration has to be paid can be replaced by prize bonus insurance. Here too, it is important to carry out early and serious risk management; A club that is already in first place in the table cannot be insured against winning the title.

Descent insurance

The insurance covers financial loss that occurs to the policyholder as a result of planned income being lost due to failure/relegation or compensation payments becoming necessary due to failure/relegation. Reduced income (from the club's perspective) can arise from: lower TV income, lower income from jersey, perimeter and other advertising, lower audience income. Additional expenses (sponsor/marketer perspective) may arise as a result of lower advertising performance.

Prize Indemnity Insurance

Prize indemnity insurance covers the financial loss (indemnity = compensation) that arises for the policyholder if, due to a specific event, income is not received or contractually agreed payments are not to be made (prize = price).

Competition insurance

Versichert wird der Vermögensschaden, der dem Versicherungsnehmer dadurch entsteht, dass ein ausgelobter Gewinn oder ein ausgelobtes Preisgeld fällig wird.

About Redemption

Who hasn't collected bottle caps from their favorite beer or loyalty points at gas stations in order to redeem a desired reward? However, the popularity of this type of customer loyalty and sales promotion campaign can pose a risk for the organizer of such a promotion: unexpectedly high returns (“over redemption”) can quickly exceed the planned costs and therefore your budget. With over-redemption insurance, the expected response must be borne by the organizer (e.g. 3% response) and the insurer covers the risk above (e.g. 3% to 20% response) in return for payment of an insurance premium. Instead of just insuring a range of risk, you also have the option of having your campaign insured 100% at a fixed price: In return for payment of a pre-agreed fee, the risk bearer assumes all defined costs associated with the response rate. Talk to us about our services, for example if you are planning one of the following promotions: collect-and-win promotions, couponing campaigns, free sample promotions, bonus promotions, money-back guarantees, direct mail campaigns or SMS promotions.

Conditional Rebate Insurance

Bieten Sie Ihren Kunden eine besondere Geld-zurück-Promotion an: Geld zurück, wenn es an Weihnachten schneit. Geld zurück, wenn Deutschland Weltmeister wird. Tritt das Ereignis ein und Sie müssen den Kaufpreis erstatten, ersetzt der Versicherer Ihren entgangenen Umsatz.

Disability insurance

Versichert werden Vermögensschäden, die einem Profisportler oder einem Verein dadurch entstehen, dass der Profisportler aufgrund eines Unfalls oder Krankheit seinen Beruf nicht mehr ausüben kann.

Electronics and technology insurance

Ohne funktionierende elektronische und technische Einrichtungen und Equipment läuft in Ihrem Unternehmen oder bei Ihrer Veranstaltung nichts. Entsprechend wichtig ist eine ausreichende Risikoabdeckung auf diesem Sektor. Unsere Elektronik- und Technikversicherung versichert das technische Equipment während Transport, Lagerung oder Gebrauch.