Special Events
Nuts & Bolts: Big “I” Markets, an online market-access program created by the Independent Insurance Agents & Brokers of America (IIABA), is now offering short and long-term event liability insurance that association members in 36 states and the District of Columbia can
access. Gales Creek Insurance Services Inc. (GCIS), a full-service independent agency based in Portland, Ore., with a branch office in Cambridge, Mass. and an IIABA member, is managing the new program. Coverage is available for facilities, event planners or private individuals. The program is placed with an “A”- rated insurer, and GCIS provides program rates. Coverage is available for single and multiple-day events including: festivals, concerts, weddings, trade shows/conventions, political campaigns, private parties, theater/plays, short-term productions, receptions, dances, exhibitions, lectures, workshops, athletic events, parades, golf (hole -in-one) events, festivals and more. Other highlights include: Facility named as an additional insured; contractual liability afforded; host liquor coverage afforded (not in the business of serving and selling); and third-party property coverage included.
Dollars: $1 million commercial general liability limits; per-event aggregate.
Carrier: “A” -rated, admitted insurer.
States Available: Initially accessible to IIABA members in the District of Columbia and 36 states including Alabama, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana,Minnesota, Michigan, Mississippi, Missouri, North Carolina, New Mexico, Ohio, Oklahoma,South Dakota, Tennessee, Virginia, and Wisconsin. Other states will be added later this year.