How can excellence in sport be insured, when this ideal is
confronted to the harsh reality of multiple pressures:
socio-political, technology, climate and ESG.
Olympic games evoke world records and superlatives: athletes
were not the only ones expected to excel in Paris; but also a
complex supply chain of organizers and suppliers planning for years
the world's largest sports event; one critical component, often
overlooked, is insurance.
In summer 2024, Europe hosted a cluster of sports events: Euro
2024, Le Tour de France, but all eyes were on the Olympics and
Paralympics. With sudden concentrations of risk, large sports
events push risk management and insurance to their limits and
require specialized experience and preparedness for the
unprecedented. This article reflects on what is involved, behind
the scenes, to insure excellence in sport, when this ideal is
confronted to the harsh reality of multiple pressures: climate,
socio-political, technology and ESG.