Global Wedding and Special Event Insurance Market Growth (Status and Outlook) 2026-2032

The global Wedding and Special Event Insurance market size is predicted to grow from US$ 808 million in 2025 to US$ 1067 million in 2032; it is expected to grow at a CAGR of 3.7% from 2026 to 2032.

Wedding and Special Event Insurance is a short-term insurance product designed to protect individuals or event hosts against two core risk types around a scheduled event: (1) liability exposures (third-party bodily injury/property damage, venue requirements such as additional insureds, and optional host liquor liability) and (2) financial loss from cancellation, postponement, or interruption (non-refundable deposits, re-booking costs, extra expenses to save the event, and sometimes specialized items like attire, gifts, photos/video, etc.). Policies are typically written for a defined event window (often including setup and teardown days) and are purchased per event, with pricing driven by guest count, venue type, alcohol, limits, and the insured budget. Delivery is increasingly digital—instant quotes and certificates of insurance (COIs)—but agent and specialty MGA distribution remains common for higher-risk or larger events. The practical value is compliance (meeting venue contract terms) and budget protection for “once-only” events where a single incident can create outsized costs.

The wedding and special event insurance market is a “high-frequency, small-ticket” specialty line on the consumer and SMB end of the broader event contingency/liability ecosystem. Demand is structurally supported by venue contracting norms (COI and additional-insured requirements), higher litigation sensitivity around guest injury/property damage, and rising event budgets that increase the pain of non-refundable deposits. On the product side, the market is bifurcating: instant-issue event liability (often purchased mainly to satisfy venue requirements) and cancellation/postponement protection (purchased to protect the event budget), with many providers offering discounts when both are bundled.

LPI (LP Information)' newest research report, the “Wedding and Special Event Insurance Industry Forecast” looks at past sales and reviews total world Wedding and Special Event Insurance sales in 2025, providing a comprehensive analysis by region and market sector of projected Wedding and Special Event Insurance sales for 2026 through 2032. With Wedding and Special Event Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wedding and Special Event Insurance industry.

This Insight Report provides a comprehensive analysis of the global Wedding and Special Event Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Wedding and Special Event Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Wedding and Special Event Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wedding and Special Event Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wedding and Special Event Insurance.

This report presents a comprehensive overview, market shares, and growth opportunities of Wedding and Special Event Insurance market by product type, application, key players and key regions and countries.

Segmentation by Type:
Wedding Insurance
Special Event Insurance

Segmentation by Coverage Type:
Event Liability
Host Liquor Liability
Cancellation-Postponement-Interruption
Others

Segmentation by Event Size:
Micro-Events
Mid-Size Events
Large-Scale or High-Risk Events

Segmentation by Application:
Personal Event
Business Event
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Markel
K&K Insurance
WedSafe
Wedsure
Eventsured
Chubb
Philadelphia Insurance Companies (PHLY)
Travelers
Allianz Partners
Hiscox
Thimble
The Event Helper
BriteCo
AXA XL
Zurich Insurance
Liberty Specialty Markets

Please note: The report will take approximately 2 business days to prepare and deliver. Show more