Contingency

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.