Whether you are operating an advertising and media agency or a production company, the need to obtain specific insurance for your business from an expert familiar with the field of media and entertainment is essential to protect your business.
Here are some of the main solutions we offer for the media and entertainment industries:
Media liability
Media Liability insurance refers to the risk that business face such as defamation, invasion of privacy, or infringement of copyright. Our brokers are in position to understand and find you the right coverages, help you in identifying risks and reduce your exposures. This coverage is mostly intended to media related business, broadcasters, and publishers.
Film production package policy
If you are a company making feature films, television series or shooting commercials, a film producer’s package policy is a must. This coverage is intended to protect you against production interruption due to:
- Illness or injury of cast and crew
- Negative film and videotape
- Faulty stock
- Extra expenses
- Props sets and wardrobe
- Miscellaneous Equipment
- Third party property damage
- Office contents
- Animals
Commercial general liability « CGL »
Commercial General Liability (CGL) is the most well-known coverage and most purchased policy issued to businesses to protect them from liability claims resulting from bodily injury and property damage arising from their operations, products or completed operations as well as advertising and personal injury (PI). Liability coverage is intended to protect your business against both legal costs and any claim payments for which you are ultimately held legally responsible.
Property insurance
Whether you are renting a commercial space, operating in a building you own or working from home, commercial property insurance provides protection against loss or damage because of events such as a fire, theft, vandalism, and other perils. This coverage protects against damage to your company’s physical assets, inside and out, such as buildings, inventory, equipment, furniture, and machinery, as well as exterior fixtures like outdoor signs, fences, landscaping, and debris removal.
Business interruption coverage
This coverage applies when the commercial property is damaged due to events such as fire, water damage or other covered perils resulting in the lack of access in or to your business premises because of the damage incurred. Business interruption coverage will compensate for the loss of income and other expenses such as rents, relocation cost, employee wages and more. This policy provides insurance for the loss of income securing the fact that a temporary shutdown does not turn out to be a permanent one because of a lack of income.
Directors and officer’s liability « D&O »
Whether you are a publicly traded corporation, a private company or non-profit organisation, D&O insurance is essential to protect the company’s directors and officers in the event that they are personally sued by employees, vendors, competitors, investors, customers, or other parties, for actual or alleged wrongful acts in managing a company. Coverage usually protects current, future and past directors and officers of a company and its subsidiaries. This coverage does not include fraudulent, criminal or intentional non-compliant acts or cases where directors obtained illegal remuneration or acted for personal profit.
Crime insurance
Employee fraud can happen in any business even the most well-administered ones. Your new or long-time employee, - even the one you never suspected -, may defraud your company for huge amounts of money. Your company may still be at risk despite the fact you are performing screening and background checks and teaching your employees on how to identify fraudulent employees. This coverage is usually excluded from a standard commercial policy and can be specifically added or issued on a separate one.
