article thumbnail

Event Insurance: A Guide for Venues and Planners

Planning Pod

Event insurance is necessary to shield hosts, planners, and venues from the financial losses resulting from these unforeseen circumstances. In this post, we’ll take a deeper look into the intricacies of event insurance, the key benefits, and recent advancements. Get started today!

article thumbnail

Risk Management: Events are Risky Business 

SmartMeetings

Weighted risk tracking helps manage real contingency requirements We all plan events months in advance, years in advance, or maybe even, days in advance. Because of that not only do our risk management plans need to be well-thought out but so do our finances to cover those risks. Turns out there is.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

strategies for effective event risk management

SevenEvents

in today’s world, ensuring the safety and security of attendees is paramount and it is important to put in an effective risk management plan to prioritise guest and organiser safety. what is risk management in an event? why is event risk management important ?

article thumbnail

An Introduction to Event Insurance Essentials

Event Leadership Institute

While certain occurrences can be handled by quick thinking and taking preventative measures, other things that could go wrong may require insurance. As a result, it’s important for event and meeting planners to have a good grasp of basic insurance principles to ensure that they have the proper coverage for their events.

article thumbnail

Destinations International Announces Bespoke Event Cancelation Program

EventMB

Skift Take: Destinations International is joining forces with insurance and risk management firm Anderson Benson to create a bespoke event cancellation program. Andrea Doyle Read the Complete Story On Skift Meetings.

Insurance 153
article thumbnail

Five Risk Management Tips For Your Holiday Event

Event Leadership Institute

Being the person that speaks up at a holiday event planning meeting and addresses tough, valid and scary concerns around the safety and well-being of your guests, could earn you the nickname Ebenezer Scrooge, but rest assured you will soar to the top of the “nice” list when you save Christmas! The answer is two words: risk management.

article thumbnail

Why Risk Management Is an Essential Part of Planning an Event

Floktu

Risk management is an essential aspect of project management and, more specifically, in planning an event. Risk” can be defined as any unwanted event or situation that can lead to the failure of your project or event. Financial risks can be covered and mentioned in lots of different ways.