20 Mar, 2019, 08:55 ET
AUSTIN, Texas, March 20, 2019 /PRNewswire/ -- Ticketbud event organizers can now opt-in for comprehensive ticket revenue protection, built into the ticket price. Event Protect underwrites transactions in real-time with their panel of A-rated insurance providers protecting the full transaction value.
Organizers often have significant sunk costs leading up to an event, including venue fees, set-up and vendor costs. Event Protect is a game changer, minimizing financial risk for organizers in case of unforeseen cancelation.
"We've seen it all, from heavy rains flooding fairgrounds, squirrels chewing electrical wires, high winds blowing over tents and making venues unsafe. With Event Protect and Ticketbud, attendees get fast refunds and organizers are protected. Ticketbud is the largest ticketing platform in the US to rollout this service. After successfully piloting with key clients, Event Protect will soon be available to all organizers." Kayhan Ahmadi, CEO of Ticketbud.
- Protect ticket revenue and brand reputation.
- One of the broadest event cancellation policies on the market.
- Free for organizers with a small fee built into ticket prices.
- Based on exact number of tickets sold. Only pay for coverage needed.
- Increased consumer confidence.
- No lengthy forms or risk assessments.
- Easy claim process authorizing direct refunds to ticket holders.
"We produce a large outdoor holiday festival that is at the mercy of the elements, which is why we were thrilled to add Event Protect to our ticketed offerings in 2018. When city officials had to close the park one evening due to high winds, ticket purchasers were protected." Teri Smart, VP of Marketing, Forefront Networks.
Ticketbud is a user friendly, all-in-one event management and ticketing platform with all-inclusive pricing and real customer support. Organizers are in control with flexible payout options providing early access to funds, powerful tools and integrations, comprehensive reporting and complete access to event data at no extra cost. With the flexibility to customize (including white-label solutions), event organizers worldwide trust Ticketbud.
Visit Ticketbud today and request a demo. It's free to sign up and start planning.
Ticketbud and Ticketbud LLC are registered trademarks of Ideabud LLC, in the United States and other countries. All other trademarks and copyrights are the property of their respective owners.
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