Content Production & Film Insurance

Difficult disruptions are part and parcel of shooting feature films, TV programmes, advertisements and digital content. For companies commissioning and/or creating content, JLT offers sector-specific expertise in managing and insuring the associated risks.

Content production can be fraught with uncertainties, potential hidden delays and costs, not to mention big, unpredictable personalities. From cast members being struck down by illness to equipment failure, weather interruptions and theft, we can craft a risk management and insurance programme that responds when needed.

JLT has an established expertise in identifying, quantifying and managing these risks and will design bespoke insurance programmes that provide the financial backstop required when the unexpected or unwanted happens.

WHAT WE DO

Content production

One of the biggest grossing industries in the world is production, from the small individual producers to the Hollywood blockbusters. We have a wide range of experience in organising cover for content production.

At JLT, we recognise that the production industry is constantly changing at a fast speed which is why we offer bespoke and flexible insurance solutions. With our team providing 24/7 service, it allows us to be available to you when you need us most.

Content production

We can arrange solutions for feature films and all genres of TV and digital content and advertisements. Every solution is personalised in order to fit your individual needs, equipment, audience, crew, production and schedule.

We make sure that anything from your equipment to the audience is considered to allow your creative vision to be created smoothly.

FAQs

Here is a list of just some of the things that can go wrong in the production of feature films:

  • Cast members being unable to perform due to accident or illness
  • Delay in filming due to weather
  • Damage to the negative
  • Camera breakdown
  • Theft of cameras, wardrobe, etc.
  • Damage to equipment, props, set and wardrobe
  • Extra expenses due to physical damage (e.g. locations, equipment, props, sets and wardrobes)
  • Liabilities (e.g. bodily injury to any employee involved in the production)

Companies today are placing great importance on branding and reputation, and advertisers are using athletes, film stars, musicians and celebrities in multimillion pound promotional campaigns. This strategy is one that can provide an opportunity for increased public awareness and stakeholder investment. However, with the rise of smart phones and social media there are many potential risks; scandals, insensitive release dates and unruly celebrities. A project or campaign may have to be cancelled following the disgrace, death or disability of the individual endorsing the product; this is irrespective of the money that has already been spent. Tragic events occurring across the world could also dramatically influence the risk of a project never seeing the light of day.

In cases like these, death and disgrace cover as a standalone product is now seen as a necessity. Our team provide innovative and personalised solutions to companies on a case-by-case basis, ensuring that the cover is tailored to your specific needs.

  • Losses as a result of the campaign itself being subject to public outrage
  • The expenses needed in order to re-launch or re-brand an existing campaign
  • Celebrity branded products that are withdrawn, and in-store material related to the disgraced person
  • Artist fees, production budgets and air-time cover can all be purchased depending on the company’s specific needs and requirements
  • Claims paid on an in full sum insured basis of settlement (unless specified otherwise)
  • Losses triggered when there is a real threat of dissemination by the media
  • Any circumstances reasonably known in the public domain at inception is not insured.

Various different events around the world occur on a daily basis. Many of which wouldn’t take place without the main performers. Non-Appearance insurance can protect you for any financial loss.

Whether you are the performer, promoter, agent or venue, you have the ability to cover your costs and expenses or gross revenue if your event is cancelled, abandoned, postponed, interrupted, curtailed or relocated if you or your performer is unable to fulfil the obligations. Extensions such as simultaneous non-appearance whereby a percentage of a larger group, for example orchestras, sport teams choirs etc. are unable to fulfil obligations can be added if required.

Weather impacts nearly all businesses either directly or indirectly, but the vast majority of companies just accept this and self-manage the risks or only insure against catastrophe business interruption scenarios. Most insurance buyers don’t realise there are opportunities to use parametric insurance to benefit from the unpredictable nature of weather – some of these include:

  • Balance sheet protection (revenue smoothing)
  • Business interruption e.g. construction and marine
  • Weather promotions
  • TV/Film shoots
  • Pluvious cover
  • Stabilising income

Ad wrap insurance includes covering advertising agents and/or advertisers for lost costs and expenses should a shoot be delayed or cancelled for reasons beyond their control. Insufficient or lack of proper insurance cover can result in a policy failing to meet a claim. This failure to sufficiently meet a claim can result in negative publicity due to perceived reckless business practices, which adversely affects a business’s image, and thus, its revenue stream.

The need for film errors and omission (E&O) insurance is ever increasing. Film E&O provides coverage for members of the media and entertainment industries, allowing content to be made safely and without the fear of lawsuits. Its purpose is to limit your risk from professional errors that violate the rights of others and protects organisations from professional mistakes and their financial impact.

WHY JLT

  • We are a team who will respond quickly and pride ourselves on being available to you when you need us most. We know this is crucial to you and your businesses success and will do everything we can to deliver at the point required
  • Our experience means there are very few problems we haven’t seen before and our vast knowledge helps us work through even the most complex of circumstances to get a result that is right for you
  • The market wants to work with us as we provide clarity on complex risk. We enable underwriters the ability to do their best work for our clients. Our determination to push the market forward as your industry evolves. We prefer to work with markets that agree to our disclosure language
  • We work in partnership with you and our people have an acute understanding of your sector. We will listen and understand the challenges specific to your business. We will not always presume to know the answer and will work with you to gather insights to help us tailor a suitable answer for you
  • We involve our dedicated claims management experts at the outset for their insights when designing insurance programmes. We use their expertise to avoid any ambiguities in the wording and we work with markets that are claims responsive.

Case Studies

Content production

Accidental Damage

One of our clients was filming a scene that used lasers in order to look like a rave. However, the lasers destroyed the silicone membranes of all four of their 3D cameras they were using. On top of this, there are only four of these special cameras in the world. This meant that there was a delay with filming and equipment damage. Insurers argued that it was inevitable that the cameras were going to be damaged by the lasers and therefore they should not pay. Even though this would usually fit outside of the insurance, our entertainment team managed to provide enough evidence and persuaded the insurers and the market that they needed to cover the cost of the unforeseen delay and accidental damage. Resulting in the client not having to pay a penny.

Content production

Filming delay

A documentary was being filmed on location in Botswana. Whilst filming, Boris the silverback gorilla seemed rather interested in the cameras. Much to everyone’s surprise, he picked up a tree and threw it at one of the cameras.

Our entertainment team ensured that the insurer paid for the cost of repair to the camera and also for the extra expense arising out of the delay caused to the filming schedule. The delay was caused by the time it took to deliver the replacement camera to the remote filming location.

Insurance Solutions

We offer expertise in the following insurance product lines:

Film errors and omission insurance provides coverage for members of the media and entertainment industries, allowing content to be made safely without the fear of lawsuits. Its purpose is to limit your risk from professional errors that violate the rights of others and protects organisations from professional mistakes and their financial impact.

When conducting your activities you are deemed to hold a duty of care to third parties and employees. Any alleged breach of that duty may result in a claim for damages. We have a liability insurance product for clients in the content production sector to protect you against potential legal liability.

Production equipment insurance policies protect against any financial risks from the consequence of theft, breakdown of equipment or accidental damage.

We can arrange solutions for potential losses if the conditions are deemed too dangerous and/or they are deemed unreasonable photographic conditions.

This product is designed to protect your budget from unseen circumstances which can cause unexpected delays or even the cancellation of filming.

We can provide a travel insurance policy which incorporates many different aspects, for example emergency medical expenses.

Kidnap and ransom protects against risk of kidnap for ransom, extortion, wrongful detention and hijack.

This solution is designed to ensure that content does not end up on the editing floor and can be tailored to insure both the cast and crew of any number. Our entertainment team in partnership with the insurance market are radically overhauling traditional TV production insurance to recognise the very real emerging risks to producers, designed to protect the value of long term investment in content production. The way in which content is being commissioned can now differ from one project to the next potentially exposing independent production companies to increased financial contractual indemnities including those where distributors will only meet the settlement of the final budget on delivery of the finished film. The behaviour of cast and crew is a very real threat and this insurance can mitigate the risk of a film not making its delivery date by responding to costs for recasting and reshooting.

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