Wednesday, March 29, 2017

The Top Five Things Every Entertainment Company Needs To Consider

An Entertainment Insurance Update

Your business needs the right entertainment insurance in order to protect you from the many risks to which you are exposed.  Business insurance will respond to many of your risks subject to the terms and conditions of your policy.  Here are the top five things every business owner needs to consider when securing commercial insurance.

Our “Top Five” List

  • Use an independent agent who is experienced in your industry.
  • Select your agent based on their qualifications, not because they offered you the lowest priced policy.  Buying low priced business insurance sounds good-- until you have an uninsured claim.
  • Consider increasing your property deductible. Many businesses can save a lot of money simply by increasing their deductible to $2,500 or even $5,000.
  • Higher liability limits can be purchased for a relatively small amount.  Consider an umbrella policy which would increase your protection.
  • Always consider cyber risk, employment practices liability, and professional liability coverage. Professional liability covers legal liability and defense for the production company against lawsuits alleging unauthorized use of title, format, ideas, characters, plots, plagiarism, unfair competition or piracy. Also protects for alleged libel, slander, defamation of character or invasion of privacy. This coverage will usually be required by a distributor prior to release of any theatrical or television production.



The staff at John Hart Insurance has over 60 years combined experience in the field of entertainment insurance.  We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies.  This knowledge base allows us to structure an insurance program specifically for each client that will be a balance of the best coverage and most economical solutions to help them manage the risks inherent to their unique businesses.

Friday, March 24, 2017

What is Your Biggest Business Fear?

An Entertainment Insurance Update

In a recent study conducted by the Business Continuity Institute, the threat of cyber-attack is one of the biggest fears of large companies.  However, did you know that according to the Insurance Information Institute, small businesses actually have a greater chance of having a cyber-attack than they do of having a fire?  It is very important that your business insurance program have cyber coverage.  If you are not sure you have this coverage, call our office today.

Other Business Concerns
Our clients often share current business concerns with us, and together we help find solutions.  Some of these include:
  • Business Interruption - Business Interruption Insurance keeps you financially stable if you are forced to vacate your business premises or if you had a production shut down for some reason. .  You can continue to provide your employees with pay and manage bills during the period in which the business cannot operate.
  • Attract top Talent – Getting the top people has always been an important part of business planning. It is important to keep your employees engaged and energized in the business process and planning.
  • Social Media Activity – Social media can be a good tool to enhance your businesses brand and reputation.  The downside is that social media can also be inflammatory.  We recommend that you have a social media policy that outlines what employees can and cannot post regarding your business. 
  • Regulatory Risk -The regulatory climate is always changing for businesses.  Almost every month there is some new law, regulation, or statue with which your business must now comply.  Remember, your business insurance generally does not cover fines or penalties imposed by Local, State, or the Federal Government.



The staff at John Hart Insurance has over 60 years combined experience in the field of entertainment insurance.  We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies.  This knowledge base allows us to structure an insurance program specifically for each client that will be a balance of the best coverage and most economical solutions to help them manage the risks inherent to their unique businesses