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See all the news storiesPrizes are often used in promotional campaigns and to great effect. However, sometimes, the success of a campaign can leave you facing more costs than you ever imagined.
With TMHCC's Prize Indemnity insurance, you can protect yourself against the contractual liability to award a prize.
Companies who have a contractual liability to award a prize, including:
Primary and Secondary Lotteries
Online Promotions or Sports Predictors
Brands or Retailers offering sales incentives
Promotions contingent on the successful performances of sports professionals or teams
Sports Organisations
Examples include: jackpot insurance for lotteries; amateur hole-in-one; half-time cross bar challenge promotions at sports events; or sales promotions contingently linked to the positive achievements of sports professionals or teams.
Prize Indemnity insurance allows companies to offer large awards that are typically beyond their budget
Statistical or non-statistical prize
Secondary lotteries
Envelope picks
Weather promotions
Amateur hole-in-one Basketball / ice hockey promotions
Sports predictors
Worldwide coverage
To download proposal forms and questionnaires for Contingency business, click the button below.
Click hereFitzwilliam House
10 St. Mary Axe
London EC3A 8BF
United Kingdom
Torre Diagonal Mar Josep Pla 2, 10th floor 08031, Barcelona Spain
Avenue du Bourget / Bourgetlaan 42 B-1130 Brussels
Berliner Allee 26 40212 Düsseldorf Germany
Fitzwilliam House 10 St. Mary Axe EC3A 8BF, United Kingdom
36 rue de Châteaudun 75009 Paris France
Even the best organised event can fall victim to circumstances. With our support, you won’t feel the financial pinch.
Even the best organised event can fall victim to circumstances. With our support, you won’t feel the financial pinch.
If the star of the show pulls out and undermines your event, we’ve got your back for the financial fallout.
In a world of increasing uncertainty, we can provide the assurance you need with our Parametric Weather cover.
The unpredictability of life and politics can impact the success of your event. With our support, the financial fallout is covered.
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.
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