Sponsors - Prize Indemnity

Prize Insurance is used to increase and enhance prize values for promotions within a fixed budget. Used primarily by marketing agencies, promotion planners, brand marketers, sports marketers, event marketers, promotion sponsors or corporate risk managers, Prize insurance is used to:

• Generate promotional impact with lottery-size prize offers
• Increase the value of prize offers affordably, and within existing budgets
• Transfer the financial liability associated with prize pools to an insurer.

Prizes are awarded if a driver or team achieve a specific result such as winning the championship.