The AI RiskSM Specialist Insurance Inc., a member company of American International Group, Inc. (AIG), has introduced a Special Events Liability Insurance Program that provides both general liability and accidental death and dismemberment (AD&D) insurance.
The new program’s AD&D insurance covers fare-paying patrons and employees harmed by an accident at an event. Special Events Liability Insurance for certain events with up to 10,000 spectators can be quoted and bound using AI Risk ProgramConnect, AI Risk’s online specialty lines quote and bind system. The minimum premium for risks bound online is $500. Limits up to $1 million per occurrence; $2 million aggregate are available. Up to $25,000 in AD&D benefits can be provided per individual, with a $500,000 policy aggregate.
For more information on the Special Events Liability Program or other AI Risk and AI Risk ProgramConnect products, visit www.airisk.com.
Topics InsurTech Data Driven Artificial Intelligence New Markets
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