that's it precisely. Individuals can't insure against a loss of a few pounds, but KTG could have gone to Hiscox and sorted it out in minutes. You can insure weddings, garden parties and school fetes...and charity rides.The danger for KTH is that I and many others like me will simply "choose not to buy" any further products from them. It's not like there's a shortage of sportive events or organisers.....And these days word of mouth, or rather "word of Facebook" means that a company who is seen to adhere to the letter, rather than the spirit may find themselves with an un-enviable reputation very quickly.