Not all mega-events are created equally. Some are indoors, some are outdoors. They attract different crowds, and are held in locations throughout the world.
To that end, insurance coverage for these events depends on what it is and where it is held, among other factors.
"The insurance requirements of large sporting events are many and varied depending on the nature of the event and its history," noted Phillip Eaglestone, a partner in the Health & Specialty division of Glencairn Ltd.–a unit in Willis' third-party wholesale brokerage business, Faber & Dumas.
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