Prize indemnity market underwhelmed by Euros demand
The prize indemnity and sports coverage insurance markets have
experienced a tepid build-up to the European Football Championships
as demand proved weak compared to previous major tournaments.
Underwriting sources told The Insurance
Insider demand for promotions cover had fallen
substantially, adding the market had been on a downward trajectory
for several years.
Promotion indemnity policies cover losses in the event an offer
such as discounts or bonuses for a team winning a tournament must
be p
Read more »