Key Announcement

Exhicon Events Media Solutions Limited and ICICI Lombard General Insurance Company Limited announced a landmark initiative to strengthen the Exhibition Insurance ecosystem in India. The partnership aims to bring specialized risk protection closer to the rapidly expanding exhibitions and trade fairs industry.

Event Details

The initiative was unveiled at the 15th Conventions India Conclave held at Bharat Mandapam, New Delhi. The three-day conclave brought together stakeholders from India's and global convention, exhibition, events and MICE industry. Exhicon served as the Gold Partner for this event.

Organizers

The 15th Conventions India Conclave was jointly organised by:

  • India Convention Promotion Bureau (ICPB)
  • India Trade Promotion Organisation (ITPO)
  • Ministry of Tourism, Government of India

Partnership Objectives

The strategic partnership between EXHICON and ICICI Lombard focuses on:

  • Creating greater awareness, accessibility and adoption of insurance solutions specifically relevant to exhibitions and trade fairs
  • Establishing specialised exhibition insurance as an integral part of professional exhibition management in India
  • Building a stronger bridge between the exhibition industry and the insurance sector
  • Encouraging professional risk management across the exhibition lifecycle

Specific Focus Areas

The initiative will concentrate on:

  • Increasing awareness of exhibition-related risks and insurance protection
  • Facilitating access to appropriate insurance solutions for exhibitions and trade fairs
  • Supporting organisers and exhibitors in understanding their risk exposures
  • Encouraging better risk-management practices across the exhibition ecosystem
  • Creating a scalable insurance framework aligned with the growth of India's exhibition industry

Risk Coverage

The insurance solutions will address risks including:

  • Operational risks
  • Property risks (venues, temporary structures, stalls, equipment)
  • Liability risks
  • Cancellation risks
  • Logistics, technology, manpower and event infrastructure risks

Company Roles

EXHICON brings extensive presence across exhibitions, trade fairs, exhibition infrastructure, venue development and event services, along with deep industry understanding and access to a broad ecosystem of organisers, exhibitors, associations, venues and service providers.

ICICI Lombard brings insurance expertise and capabilities in designing and servicing commercial and event-related insurance solutions.

Management Commentary

M Q Syed, CMD of EXHICON, stated: "We are particularly proud that this initiative was unveiled at the 15th Conventions India Conclave at Bharat Mandapam, where the entire convention, exhibition, events and MICE ecosystem came together from India and across the world. EXHICON is delighted to be the Gold Partner of this important industry platform."

Additional Information

The press release is also available on the company's website at https://exhiconevents.in/