We are pleased to announce that several BE Organisers have now secured abandonment insurance for their 2022 events, provided through Shearwater. Others have adjusted their business model in order to be able to absorb more costs in the case of abandonment. As a result, a number of organisers are able to offer an abandonment refund policy that is substantially better than the minimum requirements set out by BE at the start of the season.
As from today we have agreed with our organising partners that they can use the Event News Flash box on their schedule page to provide details of their own abandonment refund policy and indicate if this exceeds the minimum refund rule 4.12.
Members are encouraged to check the Event’s New Flash box on their schedule page on the BE website to obtain information on the exact details of an organiser’s refund policy in the case of abandonment.
We also ask members to remember that whilst this is good news for the membership, not all organisers will be in a position to take up insurance or adapt their business model – please do what you can to help our organising teams by entering as early as you can and giving your support to those events going the extra mile to deliver the BE Gold Standard of eventing.
We will continue to monitor closely the impact of the removal of abandonment insurance from all entry fees. To help this process an Abandonment Refund Policy Working Group with representatives from all stakeholder groups is being established to monitor how this works in practice over the early weeks of the 2022 season and adjust as necessary.
