Dallas, TX (PRWEB) July 28, 2011
Having event insurance is a must for planning a corporate function, music festival or party. Practicing sound risk management techniques is another imperative for peace of mind. Direct Event Insurance has recently created a free online tool for planning out and providing proper consideration for the risks that may be present in an upcoming event.
According to Bryan Warren, COO of Direct Event Insurance, "the event organizer should be careful to think about all the perils and the "what can go wrongs" ahead of time. Classic risk management provides four alternatives to dealing with risk. Probably the most common option is to eliminate the exposure and avoid it all together. The second option is to change or modify the event activity to reduce the peril. A third alternative is to accept the hazard and set aside funds in order to pay for damages should it occur. Finally, the fourth method is to transfer or share the risk and obtain proper insurance."
Direct Event Insurance has developed a risk management tool for event planners to utilize when planning the next event. The new tool allows the event planner to list out each contingency and decide ahead of time to avoid, reduce, share or retain the risk. Click event risk matrix for the free event risk analysis tool.
About Direct Event Insurance
Direct Event Insurance is an innovative force in the special event liability insurance market. The company has extensive experience within all areas of entertainment insurance and event insurance. The company is licensed in all 50 states and strives to provide best in class service that allows customers to price, pay and print their event insurance certificate and policy on the same business day.
Event Insurance , Special Events Insurance, Vendor Booth Insurance, Trade Show Insurance, Music Festival Insurance, Holiday Party Insurance, Corporate Function Insurance, Office Party Insurance, Meeting Insurance, Sporting Event Insurance, Parade Insurance, Art & Craft Fair Insurance, Anniversary Party Insurance, Fraternity/Sorority Event Insurance, Party Insurance