Destinations International, the world’s largest resource for official destination organizations and convention and visitors bureaus (CVBs), announced a partnership with Anderson Benson, a Nashville-based pre-eminent insurance and risk management company in the meetings and events space, to collaborate on event cancelation insurance and risk management policy options to protect destination organizations of all sizes.
The program will be exclusively available to Destinations International members and members’ clients around the world.
The program would include coverage to protect budgeted costs and expenses or revenue should an event be cancelled, abandoned or disrupted due to reasons beyond the destination organization’s control. Coverage would provide protection against traditional force majeure occurrences such as adverse weather and terrorism; but policies can also guard against recent event cancellation issues like civil commotion, national mourning, travel boycotts and bans, among others.
The partnership will also include networking and educational opportunities across Destinations International’s resources and tools.
In today’s climate, destinations of all sizes must be prepared for potential risks that may be out of a destination’s control,” said Don Welsh, president and CEO of Destinations International. “Aligning with the pre-eminent insurance broker and risk management firm in our industry, we are able to provide our members with an invaluable resource and tool.”
“Anderson Benson is dedicated to meeting the needs of Destinations International members and members’ clients. Through our extensive experience and history in Event Cancellation insurance, we understand the risks and the needs of our clients continuously evolve. This Bespoke Destinations International Program will respond to the ever-changing environment through collaboration with its members,” said George Anderson, President of Anderson Benson. “We are very excited to work with Destinations International and its members with this new risk management resource.”