Scout’s Post

As the year winds down, we're just getting started! We’re grateful for all the clubs we’ve partnered with and the trust you’ve placed in us for your insurance needs. Let’s gear up for another fantastic year of serving the pickleball and padel community! #PickleballInsurance #PickleballCenters #SportsFacilityInsurance #RiskManagement #BusinessInsurance #PickleballProfessionals #FacilityProtection

How's the excitement level, you all? Are you ready to bring those childhood dreams back to life? The Cricket Carnival is right around the corner, and it's more than just a game – it's a weekend of pure joy, connection, and unforgettable memories with your fellow insurance pros. Read the whole post to learn more about what awaits!

We don’t know if you’ve heard, but there’s a pretty big football match happening on Sunday…🏴󠁧󠁢󠁥󠁮󠁧󠁿⚽️ Regardless of whether football is indeed coming home, have you ever wondered what goes into insuring a tournament such as the Euros? Wonder no more! Check out this great article from the Chartered Insurance Institute’s The Journal, as Stuart Landsdown and Glen Donaldson take a look at the insurance risks and key areas where there is potential for claims to emerge👇 https://lnkd.in/edaT56wM #midkentcii #insurance #Euros2024

Hey fellow football enthusiasts, have you ever heard the incredible news❓❓❓ Cristiano Ronaldo insured his legs for an astounding $144 million! 💸⚽ Did that catch you by surprise? 🤩 Fan 1 : No way! Back in 2009, Real Madrid went all-in, making headlines by officially announcing a $144 million insurance policy on CR7's legs. Talk about putting your money where your talent is! This move wasn't just about finances; it was a statement, a commitment to protecting the future of football greatness.🌟💪 Fan 2 : Absolutely! It wasn't just an insurance policy; it was a shield against potential career-altering injuries. Real Madrid understood the value of those legs in shaping the football narrative. Imagine the pressure on the underwriters!🙌  Fan 3 : And it worked! Ronaldo continued his legendary journey, breaking records and defying the odds. That insurance move was more than a financial decision; it was an investment in sporting history. 🚀⚽   Our website: https://lnkd.in/gaHygXSQ   Contact us at 📞 800 PETRA or 📧 clarity@insurewithpetra.com #FootballNews #CristianoRonaldo #CR7 #RealMadrid #AthleteProtection #InvestingInTalent #SportsInsurance #FinancialCommitment #ProtectingGreatness #CareerSecurity #FootballLegends #InsureWithPetra #FutureProof #Clarity #UAE #2024

Our 10th edition of Otium is here, focusing in on property risks across all sports, in both owned and rented properties. See post below for more info. #sportsinsurance #propertyinsurance #Howden

HAPPENING TODAY: CIWA (California Insurance Wholesalers Association) Summer Forum is here and we are proud to be represented by GABRIEL Advisory Board Member, Bill Keogh, who will be leading the Lloyd's Education Session on Monday, June 24, at 1pm. Together with ZeroEyes, the panel will look at tech innovation through the Lloyd’s Lab and how it’s impacting Active Assailant Risk. We hope to see you there! https://lnkd.in/dCi3zznW #California #Insurance #ActiveAssailant #RiskManagement

Personal Lines Insurance Pro Tip. Collectibles: (see: Upper Deck issuing a new golf card set) Make certain you have read the policy language and understand how your PL insurer will handle a claim involving your collectibles; including cards ... should a loss occur, eg water damage, fire, theft, etc. Most insurers will sub-limit (if any) a small amount for a claim involving a collection; typically depends on the type of collection ... artwork, musical instruments, sporting goods, silverware, etc., and oftentimes the sub-limit will be in a $1,500-1,000 range. Not much coverage. Fortunately, you have other options -- including adding a schedule (your insurer will clarify what is needed) to your HO policy or purchasing a standalone specialty policy (inland marine) with specific values / per item or via a blanket (less robust coverage) limit. Regardless of which method you choose to insure (asset preservation) your collectibles, please be mindful that coverage limitations do exist and you could suffer from an underinsured loss if you don't thoroughly evaluate available options. #TeamIMG #personallines #risktransfer

Trending This Week 📈 #ITtrending Fantasy Football: The best names from the Insurance Times mini-league Insurance Times selects some of the best and punniest team names from the recently launched fantasy football mini-league Yiannis Kotoulas #insurance #insuranceindustry #insurancenews #ukgi #insurancebroker #brokers #broker #insurers #insurer #mgas #mga #b2b

Insuring the #Olympics Hosting the Olympics isn't cheap! The Paris 2024 Olympics is expected to cost around $9 billion, significantly less than the recent games: Tokyo 2020 ($13.7 billion), Rio 2016 ($23.6 billion), and the most expensive Sochi 2014 Games ($28.9 billion). In delivering the Olympics, Insurance has been crucial. So how much is spent on insurance during the Olympics? Exact figures are difficult to find, but a starting estimate can be found in the IOC annual reports. The IOC purchases cover for Games cancellation, with spending ranging between $7.6 million and $17 million across the recent Summer and Winter Games (see graph). Public report indicate that IOC purchased around $800m in event cancellation insurance for Tokyo Olympics. The host government and the local organising committee typically purchase additional cancellation cover, and various liability insurances will also likely be in place. In addition, various stakeholders (infrastructure developers, broadcasters, sponsors, suppliers, spectators) also rely on insurance. Though full details are unavailable, the total spend on insurance for the Olympics is likely to be considerably higher. #Olympics #Insurance #RiskManagement Sources: (1) IOC Annual Reports (2) Cost of Olympics from The Oxford Olympics Study 2024: Are Cost and Cost Overrun at the Games Coming Down?

We don't know if you've heard, but there's a pretty big football match happening on Sunday! Regardless of whether football is coming home, have you ever wondered what goes into insuring a tournament such as the Euros? Wonder no more and read this great article Stuart Landsdown and Glen Donaldson take a look at the insurance risks and key areas where there is potential for claims to emerge. https://lnkd.in/edaT56wM #insurance #Euros2024