X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Going forward, providing coverage for pandemic-related losses for large events will likely need a public/private solution. The industry needs to support and develop vehicles and expertise that can help us better manage pandemic risk. (Credit: Melinda Nagy/Shutterstock.com) Going forward, providing coverage for pandemic-related losses for large events will likely need a public/private solution. The industry needs to support and develop vehicles and expertise that can help us better manage pandemic risk. (Credit: Melinda Nagy/Shutterstock.com)

The Coachella Music Festival in California and Glastonbury Festival in the U.K. were canceled out of precautions related to the ongoing global pandemic. And then, the Tokyo Summer Olympics saw significant disruption, including the elimination of international fan attendance as coronavirus cases surged in Japan.

These are a few high-profile examples of event cancellations in 2021. At a time when many were expecting a return to normalcy, a “summer of fun,” after vaccines were rolled out, the realities of slower vaccination rates and regional surges have event planners and promoters, as well as their musical artist and broadcast partners, fretting about the challenges of holding large events.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.