Posted on 20 Jan 2009
As "Business Insurance" originally reported, according to market sources, Marsh Inc. placed the insurance coverage for the Presidential Inaugural Committee.
Citing client confidentiality, Marsh declined to comment on its possible involvement, but the firm's entertainment division served as the broker for some previous inaugurations.
The inaugural committee declined several requests for confirmation or additional information about its insurance program.
In addition, C3 Presents L.L.C., an Austin, Texas-based business that organizes special events and concerts, hired Dallas-based insurance agency CSI Entertainment Insurance and insurer Indemnity Insurance Corp. of D.C., Risk Retention Group to oversee insurance and risk management for some of the events connected with the inauguration, CSI said in a statement released Thursday.
The three entities worked together on President-elect Barack Obama's victory party in Grant Park in Chicago.