Cancellation and curtailment insurance is becoming a crucial aspect of event planning in Ireland as adverse weather increasingly disrupts festivals. Industry experts, including Jane Brady from Brady Insurance, emphasize the need for thorough weather risk management and proactive measures on-site. Local authorities are also making such insurance a licensing requirement. Past events like the St Patrick's Festival illustrate the necessity and benefits of this coverage in mitigating financial losses caused by unexpected weather events, highlighting the importance for organisers to have robust contingency plans in place.
The festival's existing cancellation and curtailment insurance provided financial protection, underscoring the importance of such cover, especially in today's unpredictable climate.
We're seeing more sudden downpours, storm warnings and safety concerns that can derail an event at the last minute.
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