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International federations, national governing bodies, sports and event venues, and other organisations active in this dynamic industry face numerous risks. A single man-made or natural disaster can have financial and operational consequences ranging from third-party liability to brand and reputational damage.
Marsh’s Global Sports and Events Practice helps identify, quantify, and manage these risks. As a leading risk adviser to the sports industry, we have the specialised knowledge and market intelligence to help execute a risk management programme based on your company’s unique exposures and business goals.
With a considerable industry database, as well as benchmarking and analytics, we can provide quantitative insights to implement strategic priorities with confidence. Our experts work with you in order to help you identify risk trends, anticipate emerging issues, and design adequate risk management strategies for your organisation.
By understanding exposures from four primary perspectives – hazard, finances, strategy, and operations – we can help determine optimal strategies for managing your risk portfolio, enabling you to pinpoint the best coverage levels, reduce total cost of risk, and improve overall cash flow.
Event Organising Committees
Event organising committees face significant challenges in the planning and delivery of events to ensure that budgets are met, the event takes place at the planned venue on the correct date, and all risks have been identified, evaluated, and mitigated.
Marsh offers you solutions such as:
- Event risk analysis.
- Risk management framework design.
- General/professional liability risk assessment, advice, and placement.
- Health and safety planning, training and inspections/audits.
- Insurance programme design and placement.
- Contractual liability analysis.
- Contingency planning and crisis management.
- Cancellation and abandonment insurance.
- Electronic IT platform for incident/accident management designed specifically for sports events.
International Federations
International federations and national governing bodies face a wide range of third-party risks associated with their services. With a large number of the world’s international sports federations and national governing bodies as clients, Marsh offers you solutions such as:
- Strategic risk assessment.
- Risk management framework design.
- General/professional liability risk assessment, advice, and placement.
- Member-safety assessments, advice, and solutions.
- Risk consulting.
- Insurance programme design and placement.
- Contractual liability analysis.
- Contingency planning, crisis management, and event risk analysis.
Sports Organisations and Teams
Sports organisations and teams are exposed to numerous risks. As risk adviser and consultant to a diversity of sports teams and organisations across Europe, Marsh can help you manage these challenges with solutions such as:
- Personal accident, contingency, and events.
- Event risk analysis and crisis management.
- Travel and medical expenses.
- General/professional liability risk assessment, advice, and placement.
- Member-safety assessments, advice, and solutions.
Venues, Stadiums, Arenas
Professional sports and event venues are exposed to many natural and man-made risks. As risk adviser and consultant to a large number of major professional arenas Marsh can help you manage these challenges with solutions such as:
- Risk metric analyses and premium rate reductions.
- Analytics, advice, loss control, and placement for property and casualty, employers liability, and management liability coverage.
- Spectator safety assessments, advice, and solutions.
- Emergency response and evacuation planning.
- At-event claims management.
- Cancellation and abandonment insurance.
- Electronic IT platform for incident/accident management designed specifically for sports events.
Some of services and insurance product may not be available in Japan. Please contact our office for details.
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