Reinsurance News

Vortex provides parametric rain cover to PGA golf event

22nd June 2023 - Author: Jack Willard -

Share

It has been confirmed that for the second consecutive year, Vortex Weather Insurance will provide a rain insurance policy for the DICK’S Sporting Goods Open – a PGA TOUR Champions Event that takes place June 23–June 25 in Endicott, New York.

John Karedes, Executive Director of DICK’S Sporting Goods Open, commented: “We are thrilled to partner with Vortex on another rain insurance policy for the 2023 Tournament week.

“The whole insurance process is so simple and straight-forward. Just like last year, our policy gives us peace of mind knowing that if rain impacts the tournament or any ancillary events, such as Country Superstar Kenny Chesney’s Friday night concert, the financial loss will be manageable.

“Now, we can focus on our main goal, delivering a first-class event experience for the golf fans of Central New York.”

Eric Anderson, Vortex Weather Insurance National Director of Sales, added: “Last year’s DICK’S Sporting Goods Open was an absolutely incredible week of golf, entertainment, and hospitality for golf fans in Central New York.

“And we are honored to partner with them again to provide rain insurance this year.”

In other related news, Vortex recently launched a new insurance program that allows for the purchase of supplemental hurricane insurance for parts of the US.