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John Buttine, Inc. launched a new insurance program to protect corporate events from financial loss due to cancellation or interruption. Buttine has been insuring trade shows and conference organizers and exhibitors since 1976. The corporate events program is designed to address a growing market need.
"We’ve seen a substantial growth in corporate events over the past several years," says president, Jack Buttine. "We’ve created a product that protects the unrecoverable expenses that companies incur when planning a corporate event. Things like venue deposits, opening events and gala dinners can really add up and may not be refundable if something unforeseen causes the event to be cancelled for all or part of its scheduled run."
Causes of a loss may be severe weather that damages the venue or prevents travel to the venue, an earthquake or fire that damages the venue or a strike that prevents the organizer from running the event as planned. A loss of money due to any of these reasons would be covered under the ShowDown Corporate Event program.
"This addition to the ShowDown program is especially designed for the corporate event planner and it is both comprehensive and affordable," Buttine adds. "Because corporate events don’t typically generate revenue for the company, we’ll cover their expenses only, which makes the cost of coverage very reasonable."
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
