Events
Asset Governance in Events
Events companies — from production agencies and conference organisers to festival operators and AV hire firms — manage high-value, highly mobile assets that move between venues, warehouses, and suppliers constantly. Asset governance helps events businesses know exactly what they own versus what is hired, maintain insurance during transit and on-site, track losses between events, and recover value from surplus inventory at the end of a contract or season.
Example Assets
| Asset | Approx. Value | Ownership | Location | Insurance Consideration |
|---|---|---|---|---|
| AV & Production Equipment (Sound, Lighting, LED Screens) | £5,000–£500,000 | Production Manager / Technical Director | Warehouses, in transit, on-site at events | All-risks equipment cover – transit and multi-venue gaps are common |
| Staging, Structures & Rigging | £10,000–£200,000 | Operations / Production Manager | Storage, in transit, erected on-site | Plant and equipment cover – structural inspection records must link to asset |
| Furniture, Decor & Event Dressing | £500–£50,000 per event | Production / Logistics Manager | Warehouses and active events | Contents cover – hire versus owned distinction critical for claims |
| Generators & Power Distribution | £5,000–£100,000 | Site / Power Manager | In transit and deployed on-site | Plant cover – fuel and environmental risk require documented inspection records |
| IT & Registration Technology | £1,000–£20,000 | Event Technology Manager | Events, in transit, office storage | IT cover – rapid technology change means register quickly becomes outdated |
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