Eventinsure Insurance Capacity Welcomed by Government

EventInsure Expands Coverage with Liberty Specialty Markets Partnership, Earning Ministerial Praise

EventInsure is delighted to announce a significant enhancement to our insurance offerings through a new partnership with Liberty Specialty Markets (LSM). This collaboration introduces expanded capacity for the leisure and events sector, addressing longstanding challenges faced by businesses in securing comprehensive and affordable insurance coverage.​

Addressing a Critical Need in the Leisure Sector

The leisure industry, encompassing diverse businesses such as mobile saunas, petting zoos, glamping sites, skate parks, and snooker halls, has historically encountered difficulties in obtaining suitable insurance. These challenges have led to business closures and job losses, impacting the €4 billion experience economy that supports approximately 330,000 jobs in Ireland.

Recognizing this pressing issue, EventInsure (a trading name of Brady Insurance) in partnership with LSM, has developed a tailored insurance solution designed to provide accessible and comprehensive coverage for these niche ventures. This initiative aims to add increased capacity, help to stabilize the industry, safeguard existing jobs, and foster growth by offering a crucial safety net to businesses that have struggled with securing insurance or have been burdened by lack of competition and high premiums in recent years.​

Ministerial Endorsement

The expansion of EventInsure's capacity has been warmly welcomed by Robert Troy, Minister of State for Financial Services, Credit Unions, and Insurance. Minister Troy highlighted that this development is a testament to the growing strength and competitiveness of the Irish insurance market. He emphasized that increased competition benefits consumers, particularly community groups that have struggled to access affordable coverage in the past. This move also reinforces Ireland’s reputation internationally as a stable and attractive operating environment for insurers to establish and grow their businesses.

Commitment to Supporting Ireland's Experience Economy

EventInsure's collaboration with our insurance partners who are comprised of a panel of A rated insurers, underscores our commitment to supporting Ireland's tourism and cultural industries, particularly benefiting rural areas and regions with fewer employment opportunities. By ensuring greater security for essential businesses within the experience economy, this initiative contributes to the vibrancy and sustainability of sectors that play a pivotal role in Ireland's cultural and economic landscape. This initiative received wide praise and coverage thoughout the Irish Media (TheSun, The Irish Independent, Breaking News & more)​

About Liberty Specialty Markets

Liberty Specialty Markets is a leading global insurer and reinsurer, offering a diverse range of insurance products and services. With a strong commitment to sustainability and a focus on building enduring relationships, LSM brings extensive expertise and financial strength to this partnership, ensuring that tailored insurance solutions meet the unique needs of clients in the leisure and events sector. ​Liberty Specialty Markets

EventInsure remains dedicated to providing innovative and reliable insurance solutions, empowering businesses within the leisure and events industry to thrive with confidence.