Tag: olympics insurance

Boston 2024 releases information about policies it wants from the insurance industry

S.Vagus
Insurance Industry Boston sports

New information emerges about the policies the state is interested in for the 2024 Olympics Boston, Massachusetts, is looking to play host to the 2024 Summer Olympic Games, and those behind the Boston 2024 initiative have released more information about the insurance proposals they believe will provide coverage for those attending the Games. Boston 2024 is responsible for the push to bring the Olympic Games to Massachusetts. The committee behind the initiative has been working on overcoming challenges that prevent the Games from coming to the state by working with…

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Insurance news from Boston Olympics Bid Committee suggests coverage will reduce expense

Julie Campbell
Olympics insurance news

The leaders behind the bidding for the 2024 Summer Olympics say that the right policies would save taxpayers money. The members of the Boston Olympics Bid Committee that are responsible for putting together the bidding for the city for the 2024 Summer Olympics have now released insurance news details in saying that they would be able to purchase coverage at unprecedented levels in order to reduce the expense to Massachusetts taxpayers. A document was released by the bid committee that described a minimum of 8 types of necessary coverage. This…

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Insurance news about Olympic hockey shows costs are thinning the ice

Julie Campbell
insurance policy news olympic hockey NHL

In order to ensure that the Sochi Olympics hockey tournament can proceed, the IOC is paying $8 million in coverage. The International Olympics Committee is making insurance news at the moment as it faces a bill of an estimated $8 million in order to pay for adequate coverage in order to ensure that the hokey tournament can continue in Sochi, Russia, next year. This announcement was made following what was called the world’s most expensive ball hockey game, in Calgary, Canada. When the Canadian Olympic hockey team gathered in Calgary…

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Insurance coverage needed before NHL hockey players can head to the Olympics

insurance policy news olympic hockey NHL

The policies and the travel costs are all that is left standing in the way of the participation in Sochi. The NHL Players’ Association and the National Hockey League sat down on Friday to talk to the International Olympic Committee (IOC) members and the International Ice Hockey Federation (IIHF). The goal was to sort out the issues that were still outstanding regarding the costs of the insurance coverage for the multimillion dollar protection that the players would require in order to take part in the Winter Olympics in 2014. The…

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Insurance for the Olympic Games a major issue for UK insurers

S.Vagus

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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