A recent webinar from ASAE, covered by our sister publications group MeetingsNet, warns event and meeting planners that insurance coverage for problems wreaked by coronavirus will be hard to find:
The American Society of Association Executives recently hosted a webcast looking at the impact of the coronavirus on the meetings and events industry, drilling down on some of the key issues around event insurance and contracts.
Seth J. Fleischer, business development professional with Aon Affinity Nonprofits, gave the briefing on insurance. He explained that COVID-19 has been exempted by all insurance companies since mid-January, so it is no longer possible for meeting hosts to take out insurance for it. Jeffrey Tenenbaum, managing partner of Tenenbaum Law Group PLLC who held the event’s legal briefing, clarified that groups that purchased a policy covering cancelation or loss in the event of a communicable disease outbreak before the exemption was introduced should still expect to be covered. But any insurance sold recently will only cover other infections, not COVID-19 … MeetingsNet