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Prize Indemnity and
Over-Redemption Insurance

At Tysers, we provide flexible Prize Indemnity insurance solutions tailored to suit any organiser’s promotional budget.

Prize Indemnity and Over-Redemption Insurance 

Delivering tailored insurance solutions

These programmes allow manufacturers, promoters, and event organisers to offer high-value prizes for a premium that represents only a fraction of the prize’s worth – protecting budgets while driving customer engagement. This approach delivers essential “Balance Sheet Protection” against unexpected winners or outcomes.

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Our solutions

Key Expertise

  • Crossbar challenge
  • Envelope picks
  • Game shows
  • Half-court shot
  • Hole in one
  • Lotteries
  • Safe crack games
  • Scratch cards
  • Spin the wheel
Contingency

Over-Redemption Insurance

Sales promotions can exceed expectations, leading to higher redemption rates and unexpected costs. Our Over-Redemption insurance transfers this financial risk to the insurer, ensuring your budget remains protected. Commonly used by retailers, advertising agencies, and brand managers, this cover applies to coupons, cashback offers, loyalty schemes, money-back guarantees, gift card programmes and much more.

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Testimonials

Reputation in the industry

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Tim Thornhill

Managing Director, Tysers Live

Tom Hodgson

Director, Tysers Live

Harrison Costi

Associate Director, Tysers Live

Insurance solutions

Specialist contingency solutions for every scenario

Our Contingency Team work around the clock to provide solutions for all of your needs. We have a dedicated contingency claims contact available 24 hours per day who has the ability to liaise with loss adjusters and insurers, ensuring a fast and efficient response to any claims situation. Our lead Claims Advocate has over 30 years’ experience of contingency claims and is supported by an experienced team and a network of the world’s leading loss adjusters.

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