Media Insurance

Film Insurance

One of ProSight Specialty’s core areas of expertise is providing world-class coverage for films, ranging from small independent productions to Hollywood blockbusters to global productions underwritten by ProSight teams in the U.S. and London.

• The ProSight film division has extensive experience working with television production companies to make sure that they have the best possible coverage. 
• Limits are available in house up to $100 million in MPTV Portfolio insurance coverage, in addition to providing casualty, auto, inland marine, WC and excess liability coverage.

Live Events

Among the many insurance companies offering insurance coverage for live events, few if any have the dedicated expertise and experience that is unique to ProSight Specialty Underwriters and Claims Specialists.  The ProSight team has over 300 years of experience underwriting and managing the risks associated with live events and productions. And, the ProSight approach is centered around  being readily available to support event promoters and producers with almost any assistance or coverage they may require – something not always available in the industry’s media outlets today.

COMPLETE

The COMPLETE offering from ProSight simplifies the process with a one-of-a-kind product that covers both bond exposures and typical film insurance needs. The process of closing gets done in a fraction of the time, eliminating the concern of costly cash outlays that may be difficult or impossible to recoup if producers are unable to close. And because ProSight offers a single product, the company can deliver film clients “sleep at night coverage” because all coverages are under one policy that allows producers to know that they are covered.

Expertise

One of the key advantages of working with ProSight Specialty Insurance is access to our industry-leading group of experts who understand the issues that film production companies and tour organizers face. Our team is made up of specialists with a total combined experience of over 300 years who know the specific problems that entertainment businesses deal with every day, which enables ProSight to provide high value and unparalleled customer service.

Agility

ProSight Media Insurance is a dedicated business unit without the bureaucracy of a large company. This means that we can respond to problems quickly because we don't have a lot of red tape and our experts are empowered to make decisions at the front line. This makes life easier and more efficient for our policyholders. We have a flat organization comprised of many experts working together to take care of our customers' needs. That means that when they need help or information they call ONE designated representative who gets the information they need from our internal team of experts and responds back quickly and efficiently - and with the right information.

Exclusive Distribution

ProSight Specialty Insurance develops world-class products for media companies, but an insurance company is only as good as its network of distributors. One of the major differentiators that ProSight brings to the table is that we only work with distributors who are true experts in the media insurance field. Just as we only hire the best and most experienced film underwriters, we also take the same care when we seek out agents to bring our media insurance products to market.

International Capabilities

In 2011, ProSight acquired a Lloyd's Coverholder and 100% of the capacity rights to Lloyd's Syndicate 1110, which is now known as ProSight Specialty Underwriters Ltd. This allows us to provide coverage to international companies that are working in the United States and we can also insure American production companies that are involved in overseas projects. In addition, our platform at Lloyd's lets us develop and deploy global solutions very quickly.

Innovation

Everyone talks about innovation, but all too often it's just a buzzword that companies use to hype new products that are anything but innovative. So is it really possible to innovate in an industry that has earned a reputation for inertia? The answer to this is yes - but it requires insurers to start thinking like their customers. That's been our approach at ProSight Specialty Insurance since day one. We don't just talk about innovation - we do it every day, and it's the heart and soul of our products in the media space.