PROFESSIONAL SPORTS
Professional sports have become very big business nowadays with
substantial revenues generated from television rights, merchandising
and gate receipts. The cost of enticing the best sports professionals
has increased dramatically. The salary packages required to maintain
the top performers are often the largest expense a team faces. Each
player represents a substantial investment: his or her unavailability,
temporary or long–term, a commensurately grave financial loss.
It is imperative, therefore, to protect these players, as an injury
can turn a key asset into a very expensive spectator.
The Accident & Health team specializes in designing and placing
policies for top sports clubs, including leading soccer, basketball,
golf, rugby, cycling, volleyball and motor–racing teams. The risk
transfer through insurance is mainly provided to Sporting National
Federations (national squads), leading sports teams, individual
players, sponsors and third party investors.