Feature
The business of sports is now a very lively sector, displaying trends such as the use of digital media, eSports included; improvements in the structure and performance of sports facilities; and even solutions to social challenges. In a variety of ways, the Mitsubishi companies are taking an active role in this expanding market.
Tokio Marine & Nichido Fire Insurance
eSports Comprehensive Insurance Package Launched
Tokio Marine & Nichido Fire Insurance in September 2020 launched an insurance package that provides comprehensive cover for risks that eSports event organizers are exposed to. The eSports market in Japan is expected to expand from ¥6 billion in 2019 to some ¥70 billion in 2025, and is attracting attention as many corporations enter the market. The new package offers cover for both real world and virtual space events. Specifically, it offers cover for liability (third party damage, property damage, borrowed property damage), for cyber risks (information leakage, copyright infringement, cyberattacks) and for weather and natural disaster-related event cancellations.
and Mr. Yamaguchi (right) at an eSports event
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