During the pandemic insurance brokers like InEvexco who understood the terrible plight of the sector, negotiated reduced premiums with insurers based on greatly reduced revenues etc. Many policies were then renewed on lower estimates as there simply wasn’t the same exposure to operational risk.
This significant premium reduction meant that InEvexco, and other reasonably minded brokers and their insurers’ income was also drastically reduced. As a specialist in the events and exhibitions sector InEvexco were faced with many of the same challenges as our clients.
As we all return to a more productive time, please don't forget to keep your insurance up to date.
If you wish to review your insurance arrangements with an industry expert, please get in touch.