Close Menu
  • Home
  • Ratings
  • Showbiz News
  • Horoscope
  • Tech Jungle
  • BRAND NEWS
  • Movies
  • Music
  • About
    • BE PART OF THE LIONHEARTV FAMILY!
    • THE PRIDE
    • ADVERTISE AT LIONHEARTV
What's Hot

Reverb Worship PH Releases First-Ever Instrumental Hymns EP, Sound Waves Vol. 1

May 30, 2025

Final Hunt at V-Mall: Head to the Big Bad Wolf Book Sale for Father’s Day and Back-to-School Deals You Can’t Miss!

May 30, 2025

Alfonsi Daquigan racing toward glory in the European Talent Cup (ETC)

May 30, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram YouTube TikTok
LionhearTVLionhearTV
  • Home
  • Ratings
  • Showbiz News
  • Horoscope
  • Tech Jungle
  • BRAND NEWS
  • Movies
  • Music
  • About
    • BE PART OF THE LIONHEARTV FAMILY!
    • THE PRIDE
    • ADVERTISE AT LIONHEARTV
LionhearTVLionhearTV
Home»Press Release»Safer Events, Smarter Experiences: How Embedded Insurance Is Set To Transform the Philippine Sports and Entertainment Scene
Press Release

Safer Events, Smarter Experiences: How Embedded Insurance Is Set To Transform the Philippine Sports and Entertainment Scene

Lion's DenBy Lion's DenApril 26, 2025No Comments3 Mins Read
Share
Facebook Twitter Reddit Pinterest Email

In the high-energy world of sports and entertainment, success often hinges on flawless execution. But behind every sold-out concert or adrenaline-filled match is a web of risk—accidents, cancellations, or unexpected disruptions can jeopardize the entire experience.

Globally, platforms are increasingly integrating insurance directly into ticketing and registration processes, creating a seamless experience for both organizers and attendees. In Brazil, global insurtech firm discovermarket has partnered with Sympla, the country’s leading event platform, to offer public liability insurance. With this partnership, event organizers on Sympla can secure coverage by simply answering two quick questions on an online portal.

This streamlined, digital-first approach offers a smart model for the Philippine events industry, which is making a strong post-pandemic comeback. The market is expected to grow rapidly, reaching USD 1.4 trillion by 2028 with an average annual growth rate of 8% from 2023. Locally, demand is rising for concerts, sports leagues, cultural festivals, and trade shows, drawing renewed interest and participation.

But with this comeback comes a growing need to protect both organizers and attendees from unexpected risks and financial fallout. Just last year, the sold-out Grand “BINIverse” concert by girl group Bini at Araneta Coliseum had to be postponed due to Typhoon Pepito. This example highlights how even highly anticipated events remain vulnerable to sudden disruptions beyond anyone’s control.

Why Embedded Insurance Matters

“For many event organizers in the Philippines, whether it’s a sports league or major arena shows, traditional insurance often feels out of reach. It’s seen as too complicated, too costly, or simply not built for their reality,” said Marco Kamerling, Chief Commercial & Marketing Officer at discovermarket. “Embedded insurance changes that. It’s integrated, and tailored to real-world event needs — from liability and cancellations, to covering mishaps or property damage. For attendees, it can mean refund protection or accident coverage. Ultimately, it helps build trust across the entire event ecosystem.”

discovermarket makes this possible and powering the entire process with its end-to-end digital platform, allowing organizers to secure coverage in just a few clicks.

Building Economic Resilience Through Safety Nets

The events industry is a key economic driver that fuels tourism, generates employment, and uplifts micro and small businesses. From stagehands and sound engineers to food vendors and freelancers, thousands of livelihoods depend on the success of live events. By embedding insurance directly into event infrastructure, we’re not just mitigating risk but we’re ensuring the sustainability of an entire ecosystem.

A Growing Opportunity for Local Platforms

With the right partnerships, this model can take root in the Philippines. Ticketing platforms, online marketplaces, and even mobile wallets could explore embedded insurance options that cater specifically to Filipino event-goers and organizers. The technology already exists and what’s needed is collaboration across sectors to bring this safety net into the local mainstream.

discovermarket, through their one-stop solution shows how insurtech can play a central role in driving this shift. discovermarket’s platform enables tailored embedded insurance products to be distributed digitally, reaching event organizers who were previously underserved.

As the country continues to embrace digital-first solutions, embedding insurance into the platforms that power our events could be the next big step in professionalizing the industry. With over 83.8% smartphone penetration in the beginning of 2025 and a high adoption of mobile wallets, the Philippine market is primed for embedded services. Integrating protection into these digital touchpoints fits naturally into the way Filipinos plan and experience events today.




Beyond just risk mitigation, it’s a step towards a more resilient, professionalized events industry where every organizer and attendee can focus on what truly matters: the experience.

Comments

Embedded Insurance John Caparros PRecious PH!
Share. Facebook Twitter Pinterest LinkedIn Reddit Email
Previous ArticleNora Aunor The Superstar Collection: A Tribute to the National Artist
Next Article Vice Ganda pledges to cover monthly rent for ‘TNT’ All-Star Grand Resbak 2025 finalist
Lion's Den
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

LionhearTV has always believed in what the everyday reader can contribute, and has always been open to receiving input, help, or leads on stories. Readers are always encouraged to drop us their thoughts either by either by leaving a comment on a post, or contact us directly – email us at lionheartvnet@gmail.com.

Related Posts

Reverb Worship PH Releases First-Ever Instrumental Hymns EP, Sound Waves Vol. 1

May 30, 2025

Final Hunt at V-Mall: Head to the Big Bad Wolf Book Sale for Father’s Day and Back-to-School Deals You Can’t Miss!

May 30, 2025

Alfonsi Daquigan racing toward glory in the European Talent Cup (ETC)

May 30, 2025

SB19 powers up with FATAL FURY: City of the Wolves collaboration

May 29, 2025
Add A Comment

Comments are closed.

Find us on Facebook
Blogmeter.Top



Trending

Philippine Showbiz’s Triple Threats: Multi-Hyphenate Queens Shining Bright

May 28, 2025

10 New and Upcoming Philippine TV Shows to Watch Out for in 2025

May 27, 2025

Why ‘Pinoy Big Brother: Celebrity Collab Edition’ Might Be the Franchise’s Finest Season Yet

May 22, 2025

2025 Midterm Elections: An Eye-Opener for Celebrities Entering Politics and Voters

May 20, 2025

Christopher Diwata: From Viral Meme to Heartwarming Hero

May 20, 2025
Showbiz News

Aiai delas Alas says discipline is for everyone, not just the poor

May 30, 2025

Fans call for Toni Gonzaga’s return to ‘Pinoy Big Brother’ after viral reunion with Kuya’s Angels

May 29, 2025

Piolo Pascual joins Belle Mariano and Joshua Garcia in star-studded movie project

May 29, 2025

Rendon Labador slams Euleen Castro over viral Iloilo café review

May 29, 2025

H2WO backs ex-girlfriend Mika Salamanca amid ‘PBB’ eviction risk

May 29, 2025
Most Viewed

Reverb Worship PH Releases First-Ever Instrumental Hymns EP, Sound Waves Vol. 1

May 30, 2025

Final Hunt at V-Mall: Head to the Big Bad Wolf Book Sale for Father’s Day and Back-to-School Deals You Can’t Miss!

May 30, 2025

Alfonsi Daquigan racing toward glory in the European Talent Cup (ETC)

May 30, 2025

Aiai delas Alas says discipline is for everyone, not just the poor

May 30, 2025

SB19 powers up with FATAL FURY: City of the Wolves collaboration

May 29, 2025
eMVP Digital is an online empire that useful pieces of information and a resource for a daily dose of entertainment in all forms. It produces LionhearTV.net, Dailypedia.net, RAWR Awards, RAWRMag, DailyPIPOL, and Broken Lion. These platforms have a highly-engaged audience per month, which varies from ages and sexes.



Blogmeter.Top
© 2025 LionhearTV.net.
  • Home
  • Ratings
  • Showbiz News
  • Horoscope
  • Tech Jungle
  • BRAND NEWS
  • Movies
  • Music
  • About
    • BE PART OF THE LIONHEARTV FAMILY!
    • THE PRIDE
    • ADVERTISE AT LIONHEARTV

Type above and press Enter to search. Press Esc to cancel.

News Hub
New
Icon
Icon
×
Icon
New
Icon News Hub
Icon News Hub
News Hub Powered by iZooto
You have no new updates. Watch this space to get latest updates.
Unblock notifications to start receiving real time updates. Know More
Link copied to clipboard.