WAVE POOLS: NEW INDUSTRY, NEW INSURANCE CHALLENGES

  • Not all brokers are created equal in their understanding of this new industry. Apex speaks your language and can explain the unique risks to underwriters and carriers to get the best coverage at the best cost.
  • We offer insurance coverage for wave pool companies, including operators, parks, manufacturers, developers, contractors, and suppliers.
  • We can build a bespoke insurance program that covers all exposures from the conceptual design phase and budgeting to construction, operation, and beyond.
  • Apex is licensed in all states allowing us to be a resource no matter where your operation is located.

Enter for a Chance to Win a Dark Arts Surfboard

surf park summit

Join Us For Peter Katkov’s Presentation

Safety and Insurance Solutions Showcase  |  Date: Wednesday, October 2nd  |  Time: 11:30 – 12:30 pm  |  Location: Classroom #2

Check out our winner from last year’s giveaway!

Here’s 2023 winner Steve, riding the waves at Waco Surf with his brand-new board.

a man holding a surfboard walking into the ocean
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Wave pools have many moving parts, requiring complex and comprehensive insurance programs to match.

Our wave pool insurance policies provide everything you need to get your company protected, so you can focus on what you do best – providing fun and excitement for your guests. With our coverage, you’ll have peace of mind knowing that your business is protected against a wide range of risks, including accidents, injuries, property damage, and more.

  • General Liability Insurance

    Covers both site liability and ongoing and completed operations. We can handle the construction GL exposure via OCIP/CCIP as well as the ongoing operations of the pool, F&B, hospitality, and other site amenities after completion.

  • Workers Compensation Insurance

    A large workforce is one of the most significant challenges facing an operator, and a rock-solid work comp program including a employee injury and illness prevention plan is crucial to keeping your workers safe and costs down.

  • Property Insurance

    Provides coverage for replacement and repair of your mission-critical capital equipment, and replacement of your income while you cannot be operational.

  • Cyber and Errors and Omissions Insurance

    Is your project or facility dependent upon its digital infrastructure to operate? If a cyber attack shuts you down, cyber coverage will come to the rescue.

  • Directors and Officers and Employment Practices Liability

    D&O and EPLI, and important piece of the risk management puzzle, protects your company and executives against mismanagement and employment related claims. Wrongful termination, discrimination, sexual harassment, and hostile work environment claims are more frequent and impactful than ever and defending without insurance can be a costly undertaking.

  • Umbrella, Pollution, Bonding & More

    A crucial component of the formation of a robust insurance program is the layering of limits and supplemental coverages to make sure you have the correct limits of insurance for each line to protect your balance sheet and shareholders from the unknown.

“Peter has been an amazing resource for insurance questions and early indications. His professionalism and knowledge of the surf industry has been extremely helpful in our planning process.”

– Blake Hess, Beach Street Development

“StarGuard ELITE is proud to be able to partner with experts like Peter Katkov and Apex Risk & Insurance Services in the collective efforts to bring safety and risk prevention to the Surf Park industry. Surf Parks are exploding in growth and companies like Apex and StarGuard ELITE are paving the way for owners and operators to safely operate these facilities.”

– StarGuard ELITE

Apex is not just a broker, but a member of your team.

By gaining a complete understanding of your business and all of its moving parts, we become more like a piece of your risk management team than an outside vendor. Our clients place their trust with our experienced team to take the burden of insurance management off their plate.

We offer a variety of coverage options, including general liability insurance, property insurance, workers’ compensation insurance, and more. Our team of experienced insurance professionals will work with you to determine the right coverage for your business, and we’ll be there to support you every step of the way.

We are committed to providing the highest level of service and support to our clients.

Apex is a boutique firm with an unwavering commitment to helping guide our clients through the challenges facing their business. Our unique understanding and experience in the hospitality, amusement, and extreme sports industries make us the perfect choice to navigate the insurance waters of anyone in the wave pool industry. Contact us today to learn more about how we can help protect your business.

Protecting the perfect wave, insuring the future of surfing for all.

Wave Pool Liability and Essential Insurance Considerations

Insights from Peter Katkov, Owner of Apex Risk & Commercial Insurance Services

The consistency and perfection of a wave pool is alluring to any surfer. But for wave park owners, there are a lot of risks associated with running a successful business. That’s where insurance comes in – it can help protect your business from financial loss due to unforeseen events.

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760-376-9090 | info@apex-risk.com

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