While Santa Claus faces many of the same exposures as other small towns and cities, its theme puts a twist on its risk. The crowds of visitors it hosts mean Santa Claus must be extra diligent in providing adequate services for the influx. More visitors means more wear-and-tear on roads and other infrastructure and makes the need for other services more pressing, Mahy notes.
“It speaks to the variety and eclectic nature of writing public entities, and Santa Claus epitomizes that,” Mahy says. “It’s fun to say, ‘I write Santa Claus now.’”
The risks considered by the agent and Trident when reviewing the needs of Santa Claus include the operations associated with administration, utilities, streets and roads, the police department, parks and recreation, and facilities.
Santa Claus loves a parade
Small towns and cities are an important part of Trident’s commitment to insuring public entities.
“That’s where Trident started, and that is our bread and butter,” Mahy says. “That’s how we ended up with Santa Claus.”
Unlike some of its competitors, Trident includes special events, such as fairs and parades, in its coverage.
“We understand that this is so common and good for the population,” Mahy says. “You’re going to have special events. We’re here for that.”