Advanced warning of pending disaster is extremely helpful, but more often than not, disasters strike with no such warning.  If you organize tradeshows, conferences, meetings, sports events, concerts or any type of special events, BUA’s Event Cancellation Insurance can protect your financial interests if your event must be cancelled, postponed or relocated.  Contact BUA today to get started.

If you are an event organizer and the success of your event is tied to one individual, you should consider NoShow® Non-Appearance Insurance.   Non-Appearance Insurance protects the financial interests of the event organizer if circumstances prevent the ‘headliner’ from appearing.  So whether it is a concert, a lecture or a celebrity appearance, this offshoot of Event Cancellation Insurance offers critical protection.  Contact BUA today to see if NoShow® makes sense for your event.

For event organizers, one important take away from this tumultuous year is that all kinds of circumstances that can potentially disrupt, postpone or cancel an otherwise well-planned event.  Event Cancellation Insurance from BUA is a proven way to protect your event’s financial well-being.

Event Cancellation protects your event from adverse weather including hurricanes, civil unrest, terrorism and communicable disease.  It is a safe bet a year from now, when we review the notable stories of 2012, some of them will include these circumstances. You know they are coming.  Be ready.

Though the ‘normal’ flu season comes at the same time every year, we do not know if we are days, weeks or months away from hearing about the next global flu pandemic.  In 2009, the H1N1 virus seemingly popped up overnight and spread around the world in a matter of days.

If you are an event organizer, the best way to protect yourself from an outbreak that may disrupt your event is to contact BUA for an Event Cancellation Insurance quote.

As soon at that next virus is identified, coverage for its affects will become either not available or extremely expensive. The time to lock in coverage to protect your event against a cancellation, relocation or postponement due to a pandemic virus, is now.

BUA’s Event Cancellation policies do offer coverage for cancellation due to a Communicable Disease, meaning if a widespread flu pandemic forces the cancellation or postponement of your event, you are covered.

Event Cancellation Insurance from BUA.  Think of it as a flu shot for your event.

Two other terrorism cases are currently being prosecuted in Massachusetts courts.  In one, a US born man from the high-end Boston suburb of Sudbury is accused of providing support to a terrorist organization by translating and distributing al-Qaida videos over the Internet.  The second case involves a young engineer from Ashland, MA who is accused of plotting to fly explosive laden radio controlled model airplanes into the Pentagon.

These three cases point to the evolving nature of the terrorism threat in the US.  While we are still at risk from outside groups attacking from the outside, it seems the growing threat is from disaffected “lone wolf” actors from within our borders who seek to express their frustration and anger by harming innocent Americans.

These individuals, who may be American citizens, do not have the issue of crossing the US border.  Once they become radicalized, they use the Internet and social media to find coconspirators and logistical support.

It would not be at all surprising to see more of these types of cases in the weeks of the holiday season.  While there is generally a heightened level of awareness and security around the holidays events and activities – parades, football games, First Night celebrations – these events also must appear as opportunities and targets for these individuals.

Whether the threat is internal or external, event organizers can protect their events from the financial consequences of cancellation, postponement or relocation as a result of an act of terrorism, by contacting BUA about Terrorism Insurance.

During the winter months, the jet stream is expected to bring cold air from northern Canada into the Midwest, spreading the worst of the winter weather as far south as Missouri and as far east as western Pennsylvania and western New York.

With the memories of the winter of 2010-2011 still relatively fresh our collective
conscientiousness, these predictions of above normal snowfall and frequent storms for this coming winter can produce anxiety.  This is especially true if your organization has tradeshows, conferences, meetings or other events scheduled for Chicago, Minneapolis, St. Louis, Indianapolis – site of the Super Bowl in February 2012 – or any other Midwestern city.

BUA’s Event Cancellation Insurance offers protection to event organizers against the financial consequences of winter weather.  Contact BUA today if there’s a chance that the wrath of winter could send a chill to your bottom line.

In fact ALL games in November have already been cancelled, so the earliest the league could return is December 1st.  However, unless the stalemate is broken soon it is likely that date will also be pushed back and that many more games will be cancelled.

As we’ve mentioned, Event Cancellation Insurance can cover labor disputes and strikes, so the NBA teams could have protected their game revenue with a policy from BUA.

Ultimately, the speed with which the two sides reach a settlement may come down to which side – the players or the owners – feels more of a financial strain more quickly.   Most observers feel the owners’ deeper pockets will be able to outlast the players, whose solidarity may waiver when they begin missing paychecks.  If that happens, the players may “lose” but at least the games will get back on the court.  Until then, more and more sports fans will be asking one another “Did you see the hockey game last night?”

As our musical icons age, the chances that the aches, pains and illnesses that catch up to all of us may also impact these rockers’ ability to play every show on their respective schedules.

BUA’s NoShow™ Non-Appearance Insurance protects concert producers and concert venues against the financial fall-out of cancelling or postponing a show because the performer is not able to appear.

The non-appearance of the performer is the most common reason for a show to be cancelled. As those performers continue to advance in age, it makes more and more sense to consider NoShow™ Non-Appearance Insurance, particularly if those performers live… well, like rock stars.

There is precedent for extended work stoppages in major American professional sports.  Most notably, the National Hockey League cancelled its entire 2004-2005 season due to a labor dispute.  Major League Baseball memorably cancelled the 1994 World Series when the owners and players could not come to an agreement.  The NBA lost almost half a season in 1998.  In this case, fifty (of a normal eighty-two) regular season games were played and the playoffs were not affected.

There is little solid evidence on how much permanent damage such cancellations do to the long-term popularity of the sport.  It is clear that both baseball and hockey took years to recover their previous fan support. The NBA fared better because it did not lose its playoffs and did crown a champion.

The league’s 30 teams and the businesses that depend on those teams could have protected themselves with Event Cancellation Insurance. Coverage for labor disputes and strikes can be included. If your event faces potential financial exposure from a work stoppage, contact BUA to see how Event Cancellation may cover you.

To this point, the movement’s methods have been largely peaceful and its message has been rather muddled and disjointed.  The situation does bear monitoring nonetheless.  The protests may indeed fall victim to their own lack of direction and fade away. 

In another scenario, it is possible that the movement is fed by the media and the 24/7 news cycle and continues to gain momentum and support.  If this happens, the protests may begin to disrupt business and events not only in New York, but in other cities where they have taken hold.

It is important to note that standard Event Cancellation Insurance policies exclude coverage for Civil Unrest.  BUA, however, does include Civil Unrest coverage.  So if protesters in the streets have the potential to disrupt your event, contact BUA for an Event Cancellation Insurance quote.