Specialty risk management for events

In 2023 September the Twin Cities Marathon was cancelled due to record heat and humidity (temperatures reached an unusually high 33 degrees Celsius, compared to an average of 19 degrees Celsius in September). Organizers tried to continue preparations for the race until the last minute, but ultimately decided to cancel because the extreme temperatures could strain both runners and emergency medical services, making it unsafe to run the event. The event was expected to attract 300,000 visitors and participants, and the cancellation has resulted in compensation for anyone affected, as well as a significant loss of revenue for vendors at the event venue. In such cases, Premium Cover's special solutions provide real financial security and compensate the organiser up to the amount of lost profit.

The 2001 Glastonbury Festival faced severe challenges due to adverse weather conditions, particularly the muddy terrain caused by heavy rainfall. The conditions ruined the venue and caused safety problems for both participants and performers. The festival had to be stopped at one point as the muddy ground compromised individual and public safety and made it difficult for festival participants to navigate and move around the site. Several performances were permanently cancelled and others rescheduled to ensure the safety of artists and participants. Premium Cover's special solutions can provide realistic and adequate financial support to cover unexpected expenses and revenue shortfalls for those involved in the organisation.