Prize Indemnity

Do you want to help your client generate sales and increase their brand awareness with contests and prizes? Leverage millions of dollars at a fraction of the cost through tailored Prize Indemnity and Contractual Bonus insurance solutions. Our team has tailored insurance coverage to support hundreds of millions of dollars in prize exposures. Contact Alive Risk today to see how we can help your client stand out amongst the competition and ease the financial uncertainty from their next marketing promotion.

Target Classes

  • Sponsors

  • Retailers

  • Marketing Agencies

  • Professional and College Sports Teams

  • Event Organizers

Coverage

  • Prize Indemnity

  • Contractual Bonus

Product Highlights

  • Ability to customize an insurable solution within budget

  • Access to significant capacity

  • Decades of in-house underwriting experience

  • Prompt response time within 24-hours of receipt

Contact

Lowery Robinson
Head of International Business Development
M: 770-380-2525
E: lowery.robinson@aliverisk.com

Aric Durm
Senior Contingency Underwriter
P: 317-853-7255
M: 317-719-7817
E: aric.durm@aliverisk.com

Specialized product for:

Entertainment Program
Special Events Program
Sports & Leisure Program

Resources

  • Prize Indemnity Application

  • Contractual Bonus Application

  • Hole-in-One Application

  • Prize Indemnity Case Studies

  • Contractual Bonus Case Studies

(512) 689-5620
contact@aliverisk.com
Programs

Amusement

Contingency

Entertainment

Special Events

Sports & Leisure

Specialized Products

ESA Crew Cover

Participant A&H

Prize Indemnity

Online Quoting

Online Quoting

Services

Claims

The descriptions of these programs are only a summary of available coverages. Actual policy language will dictate the scope of coverage in the event of a claim. We encourage agents to read the full policy form and any applicable endorsements for full terms and conditions and encourage their policyholders to do the same. Alive Risk is a part of the Ryan Specialty Underwriting Managers division of RSG Specialty, LLC, a Delaware limited liability company based in Illinois. RSG Specialty, LLC, is a subsidiary of Ryan Specialty, LLC. Alive Risk works directly with brokers, agents, and insurance carriers, and as such does not solicit insurance from the public. Some products may only be available in certain states, and some products may only be available from surplus lines insurers. In California: RSG Specialty Insurance Services, LLC (License #0G97516).
Legal
©2025 Ryan Specialty, LLC
Privacy

Patrick Gavin
CEO & President

Patrick Gavin serves as CEO and President of Alive Risk, a part of Ryan Specialty Underwriting Managers. Alive Risk is a specialty insurance leader in the amusement, entertainment, special events and sports and leisure industries with expansive brokerage access and in-house underwriting authority.

He joined the team as an underwriter in 2013 with a focus on special events. Patrick has since risen through the ranks as Operations Manager, General Manager of Programs & Specialty Risk and Managing Director. Today, he is responsible for the overall direction of business development, leveraging his global relationships with leading carriers and brokers to enhance marketing, underwriting and risk management services.

In September 2020, Patrick joined Ryan Specialty through the acquisition of All Risks. He has been instrumental in cultivating new capital relationships in addition to developing numerous new programs.

Patrick holds a Bachelor of Arts degree in Economics and English from the University of Minnesota.