Blenheim’s Contingency account provides non-appearance and event cancellation insurance, particularly for entertainment, sports and other leisure related productions and events. These range from large worldwide rock and pop music tours and international tournaments to modest one-off local shows and events.
Business is written both on a full value and a layered basis to provide cover to artists, agents, promoters, producers, venue owners and a range of others who would suffer financial loss were a production or even to be lost, cancelled or abandoned. The Syndicate also writes prize indemnity, contractual bonus business, terrorism and kidnap and ransom.
For 2020 the expected split of the Contingency account by income is approximately as follows;