Aegis Blog

How Festival Insurance Helps Summer Music Fests Cash In

How Festival Insurance Helps Summer Music Fests Cash In

Summer music fests are big business. In 2016, Desert Trip festival grossed more than $160 million and Coachella Valley Music & Arts Festival brought in over $94 million. Even smaller gatherings are bringing in profits for both performers and organizers. But music festivals also come with a large amount of risk. For organizers to really cash in, they need to avoid Fyre-like disasters and have the right amount of festival insurance in place. In an ideal scenario, festival organizers and risk experts are able to identify and remove every possible ...

 

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