Areas of Business:
Errors and Omissions for Lottery and Gaming Organisations
Cover available for:
- Cost of additional prizes
- First party indemnity (re-runs)
- Abandonment and game cancellation
- Equipment failure or malfunction
- Design faults and system down time.
Event Cancellation & Non-Appearance
Cover available for:
- Adverse weather
- Natural catastrophe such as earthquake, flood, fire
- Extra Expenses
- Public transport failure or denial of access
- Failure to vacate the event venue
- Strike risks
- Non Appearance of Named Insured Persons
- TV transmission failure
Prize Indemnity:
Cover available for:
- Mathematical Probability - All risks ranging from small 1 in 100 envelope games up to National Lottery level.
- Non Mathematical - All risks including weather day, hole in one and retail promotions such as over redemption
- Contractual Bonus - The contractual obligations of an organisation to pay a team/ individual in the event that they achieve a specified result.