Event

Event Cancellation

Organizing events involves substantial investments, and unexpected no-shows or cancellations can result in significant financial losses. AMA Affinity's Event No-Show Coverage offers a comprehensive solution to protect event organizers from the financial impact of non-attendance.

Key Features:

Financial Safeguard: Event No-Show Coverage provides financial protection against losses incurred due to no-shows, cancellations, or postponements of scheduled events.

Customizable Coverage: Insurance providers can tailor the coverage to cater to various event types, sizes, and industries, making it a versatile product suitable for a wide range of events.

Risk Management: Event organizers can mitigate the financial risks associated with organizing events, allowing them to focus on creating memorable experiences.

Benefits:

Peace of Mind for Organizers: Knowing that they are financially protected in case of no-shows or cancellations allows event organizers to plan with confidence.

Market Differentiation: Offering Event No-Show Coverage sets your insurance products apart from competitors, attracting event organizers who seek comprehensive protection.

Event Cancellation Protection Adjudication

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Member cancels the event ticket via Online portal
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Online portal sends ticket cancellation notification to M360 Claim System via parametric API
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AMA M360 system will register the claim automatically and notify the member.
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M360 process the claim verification and adjudication and sends the claim file to Claim Manager for final approval
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If Claim is approved by Claim manager, Team will do the KYC, OFAC Check, and process the payment.
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M360 System sends notification to the member for payment.
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