Take1 Updates Entertainment And Rental & Staging Industry Coverage To Include All Reusable Media - AvNetwork.com

Take1 Updates Entertainment And Rental & Staging Industry Coverage To Include All Reusable Media

Author:
Publish date:

When it comes to looking out for the insurance interests of the worldwide entertainment industry, no company works harder at making sure its policies are completely current with the times than Take1 Entertainment Insurance, a division of U.S. Risk Insurance Group, Inc.Today, Take1 demonstrated the extent of its commitment with the announcement that, effective immediately, it was amending its policies on software, media, and data storage devices to include all reusable media that is part of or attached to photographic, video, and sound recording equipment.

Furthermore, according to Take1 Executive Vice President and Program Director Scott Carroll, the new policy amendment automatically extends to all current policy holders, thus eliminating the need for clients to reapply for the added protection coverage.“This is a very big deal.No one is more in touch with the needs of the entertainment industry than Take1,” Carroll asserted today.

Carroll emphasized that, very often, recording media of all types are excluded from coverage in most policies written by other insurance providers.“We believe that doing so is a genuine disservice to our clients,” Carroll explained.“After all, the content is the most value asset that should be protected.

“The vast majority of today’s entertainment content is created and stored on reusable media and it’s critically important that the creators of this content be able to rest assured that the content they produce is protected just like every other piece of equipment they use.”We can help provide this peace of mind by covering the media connected to a client’s recording equipment.”

About U.S. Risk Insurance Group

U. S. Risk Insurance Group, Inc. is a specialty lines underwriting manager and wholesale broker headquartered in Dallas. Operating 12 domestic and international branches, it offers a broad range of products and services through its affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, Lighthouse Underwriters, LLC, Professional Claims Managers, Omnisure Consulting Group, Oxford Insurance Brokers, Ltd. (London), Goss Reinsurance Brokers, LLC, and NovaPro Risk Solutions, LP.Its entertainment division, Take1, has served as the official endorsed insurance provider for the last 15 years INFOCOMM, the leading association of A/V communications industry professionals.

Related

Take1 Provides Automatic Global Coverage

Santa Ana, CA--Take 1, U.S. Risk Insurance Group’s entertainment division, reaffirmed its commitment to provide worldwide coverage on all of its inland marine policies.   “Our clients’ equipment can and does go anywhere in the world, and, regardless of where it goes it is automatically covered,” explained Scott Carrol

Take1 Raises Adds Automatic Global Coverage

Santa Ana, CA--Take 1, U.S. Risk Insurance Group’s entertainment division, reaffirmed its commitment to provide worldwide coverage on all of its inland marine policies.   “Our clients’ equipment can and does go anywhere in the world, and, regardless of where it goes it is automatically covered,” explained Scott Carrol

Take1: Venues Must Reexamine Insurance Coverage

Following several recent high profile stage collapses and structure failures at live events around the world, many venues and municipalities are taking a closer look at the limits of coverage that are defined in the policies carried by event producers and vendors.

Staging Biz: Top 10 Insurance Coverage Questions

In the spirit of David Letterman’s recent farewell from The Late Show, Venues Today recently asked Take1 Entertainment Insurance’s Scott Carroll for his top ten list of critical questions venue managers need to ask when assessing the effectiveness of their current insurance coverage.

Take1 Insurance Rescues HD House

Sometimes when a company does everything right, following all the correct protocols and procedures and taking all the necessary precautions, unforeseen situations still arise. For Miami-based HD House (http://www.thehdhouse.com), a rental company that specializes in very high-end HD film production equipment, this was

Image placeholder title

Take1 Insurance and Fireman’s Fund Donate to MRCA

Take1 Insurance, the entertainment industry insurance division of U.S. Risk, Inc., in partnership with Fireman’s Fund, has presented a $15,000 donation to The Mountains Recreation and Conservation Authority (MRCA) for the purchase of new handheld firefighter radios.