CHES said its decision to launch the new product was driven by the approaching summer events season, as well as the lack of event liability insurers in the market in the wake of the pandemic.
CHES Special Risk has launched a new special event liability product in anticipation of a surge in demand once in-person events resume. The product includes coverage for third party bodily injury and property damage that might arise from the event, including financial losses and injuries such as foodborne illness.