Swine flu cover unlikely, says insurer

Event organisers will find it nearly impossible to take out insurance to cover event cancellation due to swine flu, according to insurer Hiscox.

Martin Linfield, underwriting manager at the insurance giant, told Event that most insurers would not consider offering communicable disease cover now that swine flu is a known risk.

As it stands, the vast majority of event cancellation insurance policies will not include cover for disease outbreaks. However, cover for acts including terrorism is still fairly attainable.

Linfield said: "Any prudent insurer would think carefully about insuring against an incident that has already taken, or is taking, place, such as swine flu. Certainly for the next few months, cover for such things will be extremely hard to come by."

As Event reported this week, the industry is currently awaiting the evolution of swine flu before it knows whether events will be forced to be cancelled as as a result of the virus.

To leave a comment register and let us know your thoughts.

 

 


Have your say

Only registered users may comment. Sign in now or register for free.

Follow us

Latest Event Jobs