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Entertainment
From the production of feature films, to the global tours of major rock artists, the entertainment business can involve big budgets and correspondingly big risks.
Projects need to run smoothly if businesses want to enjoy the high returns that are available in this sector.
Marsh has many years of experience in the managing of risks associated with the entertainment sector and is regarded as the market leader.
Typical areas of protection include:
- loss of production and consequential losses due to injury of a key person such as a director
- damage to the film negative
- physical losses to equipment and set and associated consequential losses
- libel, slander, defamation, plagiarism and breach of copyright.
Marsh also has major clients in the music promotion sector.
We understand the major risks that can lead to Cancellation and Abandonment of live music events around the world, such as poor weather, terrorism, strikes and travel delays. Our ability to source capacity in this area is second to none.
Media
As media companies expand into new media, converge with other areas in the technology and telecommunications sectors, and cater for an international audience, they face liabilities and cyber risks that pose a greater threat than in the past.
Changes on many other fronts – including the vagaries of the global economic cycle and level of advertising spending, consumer trends, competition and regulation – have the ongoing potential to upset business plans and undermine an organisation’s future.
The Media Practice at Marsh provides the capability and industry knowledge to help you make the right decisions to optimise your risk management and financing strategies to support your business goals.
We provide a personal and responsive service through a dedicated team, bringing the benefit of specialisation and market-leading risk management and evaluation capability.
We can provide:
- expert advice on complex covers associated with the media sector – Media Liability, Errors & Omissions, Advertising and Production, Cancellation and Curtailment, Cyber Risks, Personal Accident and Travel, and Kidnap and Ransom
- claims consulting expertise in Libel and Slander and Directors’ and Officers’ Liability to expedite claims settlements in large, complicated cases
- specialist business continuity advice to maximise business resilience, protect reputation and optimise business interruption purchase
- expertise to ensure that your risk profile is factored into the underwriting process to obtain best cover, price and security
- state-of-the-art risk management advice – business risk assessment, risk modelling and loss forecasting, contract risk management and resolution, credit risk, captives, risk engineering, employee health and safety and absence management, risk training and risk management information systems
- benchmarking and other forms of information that keep you up-to-date with new trends and best practices.
Marsh has an unrivalled depth of experience in the Media sector and can draw on a world-wide team of industry experts.
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Protecting Your Business