Certasig will insure the Cirque du Soleil, Joaquim Cortez and Mariza events in Bucharest for the sum of EUR 10 million. Leader team is the broker behind the insurance policy.
Cirque du Soleil will hold 5 stagings between January 29 and February 1, whereas the Joaquim Cortez and Mariza shows will take place in March.
“Shows of this magnitude need a long time to prepare and logistical efforts are huge, which means the risks are just as important. That is why Wonderful Events wanted to sign a complex insurance policy which can cover unforeseen events. Leader Team and Certasig designed a special insurance which covers multiple events and different risks, which can also provide the coverage the organiser’s needs”, according to a press release from Leader Team.
Romanian insurer Certasig underwrote premiums of EUR8.6 million in January-September, up 1% on the year, while the company targeted a 25% increase this year, to EUR15 million.