Insurance industry is uncertain that Boston can cover the 2024 Olympic Games

Olympics insurance news

Boston aims to have as much coverage as possible for the upcoming Olympics Boston will host the 2024 Olympic Games and the city is promising that it will be the most insured Games in history. The City of Boston has acquired some 25 policies accounting for more than $128 million in premiums. The coverage is meant to provide effective protection for the Olympic Games itself as well as those attending the event. As a major sporting event, there are concerns that the Olympic Games could be targeted by terrorist plots,…

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Insurance for the Olympic Games a major issue for UK insurers

Insurance professionals prepared to provide coverage for the Olympics There is a scant one hundred days before the 2012 Olympic Games begin in the United Kingdom. Preparations for the event are still underway and London’s insurance community is beginning to feel the pressure. Many of the city’s insurance agents and providers have been working for over a year to establish a safety net for the event. The Olympics is fraught with risk as the event attracts thousands of foreign visitors and athletes and collects them into a single, localized area.…

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