Esports tournaments and festivals routinely draw thousands of live spectators and millions across streaming platforms. From its humble roots on a Northern California supercomputer, esports is now a global phenomenon that rivals the most popular traditional athletic contests in the world.
With esports continued growth comes a need for a heightened approach to insurance and risk management. Just as top players take a strategic approach to competitive gaming, successful esports organisations and participants should adopt a strategic approach to risk management. Whether it is protecting venues from natural disasters or ensuring that reputations are protected, esports risk professionals face many similar challenges as businesses across the world.
Added to that they have unique concerns. From the damage a cyber-attack could have on their technology-heavy platforms to protecting the health of their players, esports can require a unique approach.