Beazley launches cancellation cover for virtual events
Provider predicts virtual events will continue after Covid-19 lockdown eases.
Beazley has launched a contingency policy designed to cover event organisers if a transmission failure disrupts or cancels a virtual event.
The insurer detailed that while streaming live events is not new in itself, with social distancing rules in place to reduce the spread of Covid-19, many major events have been either cancelled, postponed or moved online.
It noted that its virtual events transmission policy supports organisers whose success relies on technology platforms providing seamless
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