We are leaders in prize insurance for promotions and competitions. We offer complete promotional insurance and contest packages including the technology, equipment, the insured prize, legal documents and permits for any event or promotion.

Prize Insurance for your Promotion

Australia’s Only Full Service Promotions Provider for insured promotions! Everything you need for spectacular trade promotions. You may have a great idea so we can help you execute it. We’ve  got everything you need to run an awesome insured promotion (or even a trade promotion that’s not insured). As well as promotional insurance PrizeTech offers you all the other components you need to run the most effective and successful insured or uninsured promotions. This includes the draw technology, the pre-draw solutions (compliant technology to determine which of the entrants is selected to have the chance to win) as well as the permits, terms and conditions and plenty of ideas.

Everything you need for a fabulous insured promotion – all provided in a timely and professional manner by PrizeTech. For both insured promotions or traditional (non insured) trade promotions, PrizeTech helps you execute the perfect event. For a small premium prize insurance, lets you enhance your promotion with awesome prizes worth hundreds of thousands or even millions of dollars. You may want to leverage your budget to provide a significant prize like cars, property or significant sums of cash or you might be looking for a high volume data capture event.

Choose an Insured Prize Promotion

You can click on the option below that suits you. Business, Clubs and Gaming Venues can leverage a small budget using promotional insurance to offer life changing value prizes.

Of course we have all the regular insured promotion products like hole in one prize insurance or sport forecasting (pick the top and bottom 3 on the AFL Ladder  to win big). Or you can use exciting games of chance like our unique SafeCrack to create excitement giving away product samples or life changing insured promotion prizes.

We’ve got all that great new stuff too, some of it’s on here but you’ll have to talk to one of our humans for some of the really unusual options.

To discuss promotion insurance or the ancillary services with us you can call us on (03) 8699 8888 or use the contact form under the Contact tab above.

Our Complete Promotional Products and Event Contest Packages

Spinning Wheel Insured Promotions Packages

Your contestant picks a lucky number, pushes the big red button – and if the wheel stops...

Charity Lottery Fundraising Promotions

Enhance your prize offering with insurance and our approved draw technology...

SafeCrack Promotions Showcase the Prize and Attract Attention

This is our most popular promotion. Wherever and whatever your promotion our Safecrack...

Lucky Envelope Draws and Prize Insurance make a Great Promotion

A classic favourite always popular, a great prize: a sports, a boat or car or a million dollars...

Hole in One Golf Competitions with Insured Prizes

On a nominated hole if a competitor scores a hole in one they win the prize, a car, a house...

Sports Promotions Insurance for Exciting Prizes

From half court basketball shots to football kicks, even forecasting the football table...

Frisbee Throw Competitions and Fundraisers

Enhance your prize offering with insurance and our approved draw technology...

Weather Insurance for Marketing Promotions and Prizes

Simple promotions like a retailer offering “x millimetres of rain on Christmas day and...

Dice Roll Promotions and Insured Competitions

Such an exciting promotion, one that appeals to all ages.

99 Bottles of Beer

Grow your client base with this fun promotion. 99 bottles of beer is fun, it’s entertaining, it’s inexpensive and uses really special technology.

PrizeTech and AIS have been providing contest prize insurance, indemnity insurance , prize indemnity insurance, and promotion insurance in Australasia for over 20 years.

How Prize Insurance can Save your Business

If you are in the business of offering promotions or competitions that involve a large prize payout, investing in prize insurance would be a sensible thing to do.

Prize Insurance as a Business Boost

If you want your business to stand out from the crowd and be noticed by your customers, investing in prize insurance could be the next best thing to finding a trending product. An insured prize promotion gives businesses the opportunity to run potentially life-changing competitions or tournaments that attract a massive audience due to a large prize payout.

A business is only liable to pay the premium attached to the insurance plan. In the event an individual wins the prize as per the game rules, the prize promotion insurance agency will cover the additional expense.

What this means for businesses is that even with a limited and defined budget, you will still be able to run massive attractive competitions and tournaments with awesome prizes to be won. Just by simply having a promotional insurance cover attached to the prize, your business will get all the leverage it needs to stand out from all of your competitors.

The Fail Safe

Essentially, a prize insurance coverage also acts as a contingency insurance to counter any unexpected events happening to your insured prize.

For example, a prize insurance will help you cover the excess amount above the paid premium in the event there is a winner in your competition. It will also help cover any losses you may face during the promotional event. For example, if there was a technical glitch in how the contest winner was picked, the insurance coverage will help pay for anything outside your premium that is agreed within your insurance plan.

Most of the time, these unexpected events are beyond your control and suffering from losses that are unanticipated can cause a huge negative impact on your business. The purpose of having a contest insurance is mainly due to the unforeseeable happening.

Whether you are the school running a charitable event with the chance to win the latest Toyota Hybrid as a prize, or even the casino that runs massive million dollar gaming tournaments on a daily basis, having prize indemnity insurance can save your business from losing a lot of money that is out of your control.  

If you think about it, would you go without home insurance for your home? The principle is similar to how you cannot get a mortgage without having your home insured first. The purpose behind this contingency insurance works as a fail safe in anticipation of the worst possible event happening which is exactly why a prize promotion insurance is needed in your business.

How to choose a Prize Insurance agent

It is important to note that prize insurance companies all offer different coverage options. When looking for a good agent that covers trade promotion insurance as well as prize promotion insurance, flexibility is the key to your success.

You need a company that is willing to tailor the prize insurance plan to suit your needs. Further, you will also need to ensure whether the agent can cover the particular prize you wish to run. Some insurance companies are strict on the types of prizes they insure and going with a prize insurance company that insures any prize (so long as it is legal) will put you above your competitors.

Additionally, you will want to ensure that time is of the essence to your favour. Having a prize insurance plan up and running as quickly as possible will prove to your benefit. Some prize insurance agents are even able to activate a prize promotion plan as quickly as 48 hours.