Skip to main content

Sports

Athletes, teams, leagues, and other sports organizations rely on Marsh’s consultative approach to implement comprehensive, data-driven insurance and risk management solutions.
Contact us

Our products

Related insights

FAQs

The biggest hazard to the sports industry is the ebb and flow of fan interest – fluctuations one way or the other can have butterfly-effect consequences on the entire industry. This is extremely difficult to predict with any certainty and thus not necessarily easy to mitigate.

That said, contingency planning is somewhat more feasible for many other sports sector risks, including but not limited to:

  • Career-jeopardizing injury
  • Personal accident risk
  • Property damage or destruction (i.e., stadiums and practice facilities)
  • Event liability (e.g., injuries to fans or staff)
  • Health and safety risks
  • Fraud and embezzlement
  • Crimes against persons (i.e., kidnapping and ransom, extortion)

Generally speaking, all sports leagues (professional or amateur; youth or adult) should consider the following lines of coverage:

  • General liability insurance
  • Accident insurance
  • Directors and officers coverage
  • Equipment coverage
  • Crime insurance
  • Property and casualty insurance

Beyond those fundamentals, the coverage provisions an individual or organization should pursue vary. Individual pro athletes, meanwhile, might want specialty coverage for high-value personal possessions or against kidnapping threats.

Other specialty lines worth thinking about include:

  • Event liability (including cancelation and abandonment)
  • Prize indemnity
  • Travel insurance
  • Motor fleet
  • Workers' compensation
  • Career-ending injury coverage

The scope and severity of risks facing sports organizations and professionals of all kinds means proper assessment of and planning for the precise hazards that may arise is of utmost importance.

Marsh brings significant experience to the table in the management of risks for athletes, teams, leagues, and other organizations in sports. We use cutting-edge analytics and outside-the-box thinking to help you determine your key risk priorities and design solutions that account for expected problems, one-in-a-million catastrophes, and everything in between.