Despite a huge number of public entertainment and sports events held in Australia, cancellation insurance is a very undersold market, presenting the industry an opportunity, said Ian Stack of Insurance Adviser. Stack said there are a lot of misconceptions about what can be covered, and what sort of policies promoters and organisers may need. Conferences and small cultural events offer the greatest opportunities, he said.
Despite a huge number of public entertainment and sports events held in Australia, cancellation insurance is a very undersold market, presenting the industry an opportunity, said Ian Stack of Action Entertainment Insurance. Stack said there are a lot of misconceptions about what can be covered, and what sort of policies promoters and organisers may need. Conferences and small cultural events offer the greatest opportunities, he said.