Specialist insurer Hiscox is pleased to announce that it has reached an agreement with Applewell Ltd. to acquire Event Assured, a specialist provider of insurance for the events sector. The business will continue to operate under the Event Assured brand, with the existing local management team remaining in place. Founder Brian Kirsch will continue to provide strategic insight as a consultant.
Serving a wide range of clients, from starts-ups to global companies, Event Assured’s expertise includes event cancellation and disruption, legal liabilities, professional indemnity, exhibitors, conference and incentive travel insurance. The team of four will work alongside the existing team of Hiscox event underwriters and claims experts.
Event Assured’s clients will now also have seamless access to other specialist Hiscox’s products for example, specialist production insurance (covering the risks associated with sophisticated event production), cyber and data insurance and Directors and Officers’ liability cover.
Suzanne Kemble, Head of Hiscox’s Global Media, Entertainment and Events, commented:
“We have been supporting event organisers for over 30 years and the market continues to be vibrant for those who can offer real expertise and service. Event Assured is a great fit for Hiscox, we share the same passion for the industry and desire to help when our clients need us most, so I’m delighted we are joining forces.”
Brian Kirsch, Managing Director, Event Assured said:
“After 25 years of investment into the Event Assured brand, I am pleased we are now part of the Hiscox Group of companies. Our clients mean the world to us, and they will continue to receive the same level of support from the team, with the added benefit of access to additional event expertise and products.”
Martin Linfield, Underwriting Manager for Hiscox Events, commented:
“Our customers have always wanted a one-stop solution for their insurance needs. Teaming-up with Event Assured means that we are now able to cover all conferencing and exhibitor insurances; everything from event cancellation, professional liabilities to the personal possessions of Directors.”