Posted in News on 07 May 2019
We work proactively with clients on a worldwide basis, providing tailored solutions to meet their specific requirements across a range of complimentary products.
The increasing ability to trade internationally, or with international partners, enables companies to reach further afield to pursue their business interests.
Insurance, like all other facets of business, is subject to ‘local’ licensing and regulation.
With the capabilities that come from operating within one of the world’s largest insurance brokers, and having an in-depth knowledge in the placing of domestic, international and multiterritory policies, we are well positioned to assist, wherever you operate.
The increasing ability to trade internationally, or with international partners, enables companies to reach further afield to pursue their business interests. Insurance, like all other facets of business, is subject to ‘local’ licensing and regulation. With the capabilities that come from operating within one of the world’s largest insurance brokers, and having an in-depth knowledge in the placing of domestic, international and multi- territory policies, we are well positioned to assist, wherever you operate.
- ACCIDENT & HEALTH
- CONTINGENCY
- ENTERTAINMENT
- SPECIAL CONTINGENCY
A lump sum payable following the death of the insured from an accident.
Event Cancellation & Non-Appearance, Contingent Terrorism, Prize Indemnity, Contractual Bonus, Death & Disgrace, Film Contingencies, Transmission Failure, Over Redemption and Weather
Event Cancellation and Non- Appearance, Film, Public Liability, Employers Liability, Equipment, Cash and Media Liabilities.
Kidnap & Ransom, Emergency Political & Natural Disaster Evacuation and Crisis Management Response
ACCIDENT & HEALTH
- DEATH
- TEMPORARY TOTAL AND/OR PARTIAL DISABLEMENT
- PERMANENT PARTIAL DISABLEMENT
- PERMANENT TOTAL DISABLEMENT/CAREER ENDING DISABILITY
- LOSS OF LICENSE
- LIFE/DEATH NATURAL CAUSES
- MEDICAL EXPENSES
- TRAVEL
Personal Accident & Illness, Life, Medical and Travel
A weekly or monthly payment designed to replace income lost following an accident or illness, which temporarily prevents the insured from undertaking all, or part of their employment.
A lump sum payable according to a scale of benefits in the event that the insured is permanently partially unable to continue their occupation arising from an accident or illness.
A lump sum payable in the event that the insured is permanently unable to continue their occupation arising from an accident or illness.
A lump sum or monthly benefit designed to replace income lost following an accident or illness, which results in the License being revoked by Authorities either temporarily or permanently.
A lump sum payable following the death of the insured from ‘any cause’ or ‘natural causes only’.
International Healthcare and Expatriate Programs including Evacuation & Repatriation, Funeral Costs and Mortal Remains Repatriation.
Benefits including Medical & Repatriation, Cancellation & Curtailment, Baggage & Personal Effects, Personal & Business Money and other associated benefits.
OTHER SPECIAL RISKS INSURANCE PRODUCTS WE OFFER INCLUDE:
- Accident, Illness & Unemployment
- Affinity Programs
- Aircrew Personal Accident & Loss of License
- Confidential Life & Disability
- Credit, Debit & Loyalty Card
- Entertainment & Musicians
- Group Business Travel
- Group Personal Accident & Illness
- High Risk & Hazardous Occupation
- Key Person
- Locum, Replacement & Absence Covers
- Multi-Life Accumulation Risk
- Ship’s Crew
- Sports Persons
- War & Terrorism
CONTINGENCY
- EVENT CANCELLATION
- NON-APPEARANCE
- CONTINGENT TERRORISM
- PRIZE INDEMNITY
- CONTRACTUAL BONUS
- LOSS OF LICENSE
- DEATH & DISGRACE
- FILM CONTINGENCIES
- TRANSMISSION FAILURE
- OVER REDEMPTION
- WEATHER
Reimbursement of costs and expenses or revenue following an event cancellation, abandonment, postponement, interruption or relocation, beyond the insured’s control. Generally purchased for sporting events, conferences & exhibitions, trade & other shows, concerts, festivals and theatre productions.
An event cancellation policy extended to include the non-appearance of key performers, artists or speakers, due to their death, accident, illness or travel delay.
Cover for the cancellation of an event following an act or threat of terrorism which affects the event. Unlike a property terrorism policy, no act of terrorism has to occur for the policy to respond and the act or threat does not have to be at the venue.
To indemnify the insured for prizes won as part of a promotion. Typically used for sporting achievement and spectator participation promotions, game shows, casino and lottery style games, refunds for retail purchases made should a specific event occur and radio & television show promotions.
To indemnify the insured for bonuses paid following sporting success, such as winning the league, cup, tournament, breaking a world record or qualifying for a major championship. Coverage can be arranged for an individual, team or against a roster of athletes.
A lump sum or monthly benefit designed to replace income lost following an accident or illness, which results in the License being revoked by Authorities either temporarily or permanently.
To protect the costs involved in the cancellation of an advertising campaign or contract should the contracted entertainer, sportsperson or celebrity die, become disabled or disgrace themselves, which could have a detrimental effect on the product or company.
Film Producers, Commercial Producers and Advertising Agents package policies, Deductible Buy-Down, Exclusion Buy-Back and Sub-Limit Buy-Up policies for filmproductions.
To protect against loss of revenue following the mechanical breakdown of transmission equipment related to major live sporting events, concerts and other live broadcasts.
Specifically used in the advertising and promotions industries to protect a promoter against the spiralling costs of a promotional campaign if it is “too” successful and the take-up is greater than anticipated.
A range of products to protect against the effects of the weather including Event Cancellation, Parametric covers, Weatherday for film shoots, Weather Conditions used in promotions and Weather Downtime for construction projects.
ENTERTAINMENT
In addition to the event and film related covers detailed under Contingency, we provide a range of products for those involved in entertainment, music, events and media industries:
- PUBLIC/GENERAL LIABILITY
- EMPLOYERS LIABILITY
- EQUIPMENT
- CASH
- MEDIA LIABILITIES
To protect against the costs should the insured’s actions lead to the injury of another person, cause damage to another person’s property or damage to a venue at which an event is being held.
To protect the insured against compensation costs, should an employee suffer an injury or illness as a result of their employment.
Covering the insured’s owned and hired-in equipment, (including instruments, staging, lighting, filming, video, sound and technical equipment) for loss, theft or damage, whilst in transit, in-use or in storage.
Protecting against the loss of boxoffice receipts and cash held during the running of an event or tour.
Designed for media firms, covering those creating or distributing content: including copyright infringement, libel and slander, invasion of privacy and plagiarism.
SPECIAL CONTINGENCY
- KIDNAP, RANSOM & EXTORTION
- EMERGENCY POLITICAL AND NATURAL DISASTER EVACUATION
- CRISIS MANAGEMENT RESPONSE
Family, Corporate & Maritime exposures, following a kidnap, extortion, detention or hijack. Provides financial reimbursement for costs and expenses incurred and specialist response consultants who are deployed on a priority basis to provide risk mitigation advice and consultancy.
Corporate and affinity programmes to provide response services and the associated costs of the necessary evacuation of travellers, expatriate employees and their families following a military or political event or a natural disaster.
Programs providing response services on a worldwide basis following a crisis event which affects an insured entity or a covered person. Cover is typically purchased by affinity groups, corporate entities, event organisers or a family group. The perils covered can be tailored to meet the requirements of the client, but could include: violent crime, assault, political violence, civil unrest, unlawful detention, terrorism, extortion, kidnap, disappearance (including child abduction) and man made & natural disasters.
About Alesco |
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Alesco is a specialist insurance and risk management business located in the heart of the City of London. Founded in 2008 by a team of experienced professionals, we provide a wide range of risk-management services and insurance solutions which are fundamental for protecting organisations. We work closely with underwriters in the London markets, in key global insurance centres, and with local broking partners in 150 countries. |
CONDITIONS AND LIMITATIONS
This information is not intended to constitute any form of opinion or specific guidance and recipients should not infer any opinion or specific guidance from its content. Recipients should not rely exclusively on the information contained in the bulletin and should make decisions based on a full consideration of all available information. We make no warranties, express or implied, as to the accuracy, reliability or correctness of the information provided. We and our officers, employees or agents shall not be responsible for any loss whatsoever arising from the recipient’s reliance upon any information we provide and exclude liability for the statistical content to fullest extent permitted by law.
