Spectrum Completes Rain Insurance Tour of State Fairs Associations

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Spectrum Weather and Specialty Insurance, Inc. has completed a tour of the annual conferences of the fairs associations of five Midwestern states, discussing rain insurance and event cancellation insurance with fairs administrators and board members.

Spectrum Weather and Specialty Insurance, Inc., a leading domestic broker of rain insurance, event cancellation insurance and other event-related insurance products, was a featured exhibitor at the annual conferences of several fairs associations during a tour of Midwestern states. The initial stop was in Indianapolis, IN, for the Indiana Association of Fairs annual convention, held January 3-5, 2014. Robert Holmes, Spectrum’s founder and President, was an invited speaker for the event and discussed the topics of rain insurance and event cancellation coverage with delegates from that state’s fairs.

The discussions continued as Mr. Holmes traveled to the Chula Vista Resort in Wisconsin Dells, WI, to attend the Wisconsin Association of Fairs annual convention, January 5-8, 2014. This marked the third consecutive year that Spectrum has attended this conference. From central Wisconsin, Mr. Holmes trekked to Grand Rapids, MI to take part in the Michigan Association of Fairs & Exhibitions annual convention, January 9-11, 2014. It was Spectrum’s first visit to the annual event for Michigan fairs. The tour continued at the annual convention of the Illinois Association of Agricultural Fairs, held January 16 – 19 in Springfield, Illinois. The tour concluded at the Missouri Association of Fairs and Festivals annual convention in Columbia, Missouri on January 30 – February 2, 2014.

With the price of entertainment continually on the rise, a rain-soaked event or forced cancellation may cause an extremely stressful financial impact to a fair or festival’s overall budget. Most events have exposure to risks that impact an event’s ability to proceed as planned, including earthquakes, wildfires, floods, power outages, labor strikes, and terrorism. Outdoor events are also exposed to excessive rain and adverse weather, including severe thunderstorms, hurricanes, tornadoes, and winter storms. Spectrum’s specialty insurance product suite, including rain insurance, adverse weather insurance, and event cancellation insurance, is designed to address these risks and more, including the non-appearance of key personnel. “We come to these conferences to educate fair board members about the variety of insurance solutions available when working with an independent broker that specializes in these types of coverage options,” says Holmes. “There have been new markets and products introduced in recent years, which may not be available through more traditional insurance agents.” Holmes notes that although event preparation are readiness are essential, “Mother Nature always bats last.”

Spectrum was established with the goal of providing rain insurance, event cancellation insurance, snow insurance, and other specialty insurance solutions that are simple to understand and purchase, and with the highest degree of customer service in the industry. Spectrum serves events both large and small, including fairs, festivals, concerts, and other outdoor events impacted by weather. In addition to rain insurance, Spectrum provides liability insurance for events, as well as insurance for weather-based promotions. Spectrum also provides snow insurance to help protect against extremes in winter snowfall for snow removal contractors.

For more information about Spectrum Weather and Specialty Insurance, Inc., visit http://www.spectrumweatherinsurance.com.

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Robert Holmes
since: 09/2013
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