Arch insurance adds liability coverage for public events
Arch Insurance International has added comprehensive liability insurance coverage for public events to its instant quote and bind platform, Arch IQ.
The new products provide comprehensive public and employers liability coverage for event organisers across a wide range of regional events including conferences and exhibitions, fairs and fêtes, music events and sports events.
Offered by the subsidiary of Bermuda-based Arch Capital as short period policies, specific to the insured’s event, limits of indemnity of up to £10 million are available, with minimum premiums starting from £125.
This follows the launch of Arch’s specialist regional event cancellation cover via Arch IQ, available on an indemnity and pioneering agreed-value basis. The online system, managed by Timothy Rolph, contingency underwriter, enables brokers to secure a quote in as little as 60 seconds and instantly bind the risk.
Chris Rackliffe, head of contingency and accident & health said: “Our aim is to bring specialist contingency solutions to market in the most efficient and effective way for our brokers, backed by technical underwriting expertise and a responsive service.”
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