News

Towergate Coverex

05 Mar 2010

Towergate Coverex ensures the show goes on!

The UK has seen the longest cold snap for almost 30 years and the adverse weather conditions has had a considerable effect on the events and exhibitions industry with a rise in cancellation claims.

However there is a ‘ray of sunshine’ when the event organiser is insured with Towergate Coverex!

The National Motorcycle Show, held in recent years at Manchester Central has been a highlight for biking fans for over sixteen years and features exhibitors such as Honda, Triumph, BMW, Ducati and Suzuki. The Show has always been held in January with classic bike and major stunt displays supplementing the exhibiting suppliers of biking equipment and clothing.

The weather conditions in the North West leading up to the event, due to be held on the 9-10 January 2010 were particularly severe with high levels of snowfall disrupting roads, airports and rail services. This resulted in the unprecedented cancellation of the long-standing show as exhibitors and visitors were unable to attend.

Fortunately the organiser, working with Ian Houghton-Brown at Towergate Coverex had insured the event sufficiently against cancellation enabling the organiser to be indemnified for all costs in rescheduling the event to the 2 – 4 April 2010.

Howard Cartledge, Event Director for the National Motorcycle Show said ‘We have never claimed from the insurance in all the years we have been running events so we did not know what to expect.

‘You pay your premiums every year for your events and hope the system works. In this case it did. On contacting Towergate Coverex things began to roll along at a steady pace. In actual fact our claim was sorted in only three weeks allowing us to reschedule the event. As an organiser I would recommend Towergate Coverex to any other organisers as a specialist event insurer.’

Ian Houghton-Brown, Assistant Director for the Event Organiser Department at Towergate Coverex commented ‘We couldn’t have predicted the impact the severe weather would have on the industry and it highlights how important it is to get the correct insurance with a specialist event broker advising you. We worked with the organiser, protecting their interest, negotiating with insurers on their behalf to get a speedy settlement.“