Exhicon signs partnership with ICICI Lombard for exhibition insurance
- Exhicon Events Media Solutions partners with ICICI Lombard for exhibition insurance
- Initiative unveiled at 15th Conventions India Conclave in New Delhi on August 26, 2026
- Aims to provide specialised risk protection for organisers and exhibitors
- Focuses on increasing awareness and accessibility of insurance solutions
*this image is generated using AI for illustrative purposes only.
Exhicon Events Media Solutions and ICICI Lombard General Insurance Company Limited announced a strategic partnership to launch a specialised insurance initiative for India’s exhibition and trade fair sector. The collaboration was unveiled at the 15th Conventions India Conclave in New Delhi on August 26, 2026.
The companies disclosed the move under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The initiative targets the growing need for risk protection in an industry characterised by substantial investments in venues, temporary structures, equipment, and logistics.
Strategic Focus Areas
The partnership aims to bridge the gap between the exhibition industry and the insurance sector. Exhicon brings its extensive network of organisers, exhibitors, and venues, while ICICI Lombard provides expertise in commercial and event-related insurance solutions.
Key objectives of the initiative include:
- Increasing awareness of exhibition-related risks and available insurance protection
- Facilitating access to appropriate insurance solutions for trade fairs
- Supporting organisers in understanding their specific risk exposures
- Encouraging better risk-management practices across the ecosystem
- Creating a scalable insurance framework aligned with industry growth
Industry Context
Exhibitions involve significant capital deployment across infrastructure and technology, exposing stakeholders to operational, property, liability, and cancellation risks. The partners intend to make specialised insurance an integral part of professional exhibition management in India.
M Q Syed, CMD of Exhicon, highlighted the significance of unveiling the initiative at the conclave, which gathered global convention and MICE industry stakeholders. The event was jointly organised by the India Convention Promotion Bureau, India Trade Promotion Organisation, and the Ministry of Tourism, with Exhicon serving as the Gold Partner.
Historical Stock Returns for Exhicon Events Media Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.84% | -2.10% | -2.94% | -6.39% | -13.39% | 0.0% |
How might this partnership influence the pricing and coverage terms for exhibition insurance across India?
What specific regulatory changes or industry standards could emerge as specialized event insurance becomes more standardized?
Could this collaboration serve as a model for other niche sectors in India seeking tailored risk management solutions?
























