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

Our Top New Year’s Entertainment Insurance Issues

The following information may not make the lineup of any late night TV show, but it can help your entertainment company become more profitable.

• Production Insurance will continue to be an important part of every production. We provide policies for all budgets sizes; from low budget film production shoots to large studio budgets.  One day shoot or annual blanket production coverage are also available. 
• Entertainment Equipment is expensive to replace and is easy to insure. We provide all risk, worldwide coverage for scheduled entertainment related equipment including Cameras, Production, Editing, Musical, Theatrical and Miscellaneous items.
• Event Cancellation can shut down your production company. Event cancellation insurance protects revenue or expenses from an event against cancellation or postponement of the event for reasons beyond the control of the event organizer.
• Reality TV and Film Productions. This is a very growing segment of our industry. Types of programming including game shows, variety shows, webisodes, and documentary filming. With the rapid growth of “reality programming”, it is important to have a broker who understands the needs of the entertainment industry.

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.

A Little Preparation Can Get Your Entertainment Business Running After a Loss

A Entertainment Insurance Update

No one wants to think about an event so severe that it would cause your business to close.  However, disaster planning needs to be part of your ongoing business plan.  Major events can include floods, storms, data breach, fires, accidents, death of an owner, or lawsuits.  Whatever the risk, a little pre-planning can go a long way toward getting your business up and running again.

A key part of your plan should be a review of your business insurance program.  Your business insurance should include the following:

• Property Insurance: Covers your buildings, equipment, machines, and other property from loss or damage. Coverage should include business income coverage.
• Commercial Liability Insurance: Provides coverage for bodily injury and property damage you cause to others.
• Commercial Auto Insurance: Covers your company vehicles if they are involved in an accident. It can also cover your business if you, or an employee, uses a personally owned vehicle on behalf of the business.
• Cyber Liability Insurance: This insurance can protect your business from a data breach.  If your business stores sensitive or non-public information about employees or clients, you are responsible for protecting that information. 
• Management Liability Insurance: Management Liability can encompass these important business insurance coverage’s; Professional liability, and Directors and Officers Liability.
• Having the right kind of entertainment insurance is not the only thing your business should consider. 

You need to develop a plan in the event your business is shut down.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.

Are You Ready To Renew Your Entertainment Insurance?

Business Insurance Renewal

Your entertainment insurance is an important part of your risk management program. It is important to have the right insurance coverage, competitive pricing and the right insurer. We have found at least five factors that are important to manage when renewing your business insurance program.

Entertainment Insurance

An entertainment insurance program can include commercial property, auto, commercial liability, employment liability, workers’ compensation, professional liability and excess liability.

Insurance Renewal Tips

·         Provide complete information about your operation. Paint a picture that describes what you do and how well you do it. You have to sell the underwriter on what is different about your operation and how the insurance company needs to insure your risk, because you are above average.

·         Use an independent agent. We are best equipped to provide you with the best combination of coverage, price and service.

·         Combine your property, auto and liability with one insurer if possible. You will receive package discounts.

·         Have a well-managed safety program.

Putting a little effort into your business insurance renewal can reap rewards in the form of better coverage and lower premiums. John William Hart III Insurance Agency, presents a brief description of the various types of insurance coverages available to the Motion Picture and Television production company. These descriptions are general in nature and are not a complete explanation of the policy terms. 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.

John Hart Insurance Has Your Interests In Mind

An Entertainment Insurance update

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 entertainment 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.

Here are some of the entertainment risks we can cover

• Cast insurance
• Production errors & omissions
• Damage to props and other equipment
• Copy write infringement
• Intellectual property
• Rented and leased vehicles
• Animal mortality

Here are the type of operations we have experience with

• Television or film productions
• Commercials
• Documentaries
• Music videos
• Educational films
• Corporate productions
• Commercial photographers

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 entertainment 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.

Our goal is to provide exceptional service while giving you peace of mind so you can focus on what you do best, create. Give us a call and let us show you how we can save you time and money on your insurance.

Even Small Productions Need Commercial Liability Insurance Coverage

To protect a small entertainment business from potential lawsuits, liability insurance is necessary. Policies vary greatly, and they cover different classifications of risks for varying costs. It is important to educate yourself about entertainment liability insurance.

Business Liability Insurance Is Available in Many Different Forms

Commercial General Liability, which is also called CGL, is a very broad insurance product. It covers claims from accidents, injuries, or negligence when the business is at fault.  Small businesses may face a wide array of damage charges. Personal injuries, property damage, libel, and slander are just a few examples.

Cast Insurance - Reimburses the production company for any extra expense necessary to complete principal photography of an insured production due to death, injury or sickness of any insured performer or director

Professional Liability coverage pays for damages caused by services.  It is also called “errors and omissions” coverage.  Covers the 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.

An Employment Practice Liability Insurance policy offers insurance protection against claims and lawsuits that are brought against a business, its officers or directors, or its employees and managers, against harassment, wrongful termination, breach of employment contract, discrimination, invasion of privacy, compensation issues, and employee benefits administration.

There are other types of insurance designed for specialty businesses.  The nature of the business determines what type of coverage is necessary.

John William Hart III Insurance Agency, presents a brief description of the various types of insurance coverages available to the Motion Picture and Television production company. These descriptions are general in nature and are not a complete explanation of the policy terms. 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.

The Risks of Using Animals in Productions

Entertainment Insurance Update

John Hart insurance offers entertainment insurance for films that includes unique coverages specific to movie making and other productions, including; cast coverage, animals, props, sets and wardrobe coverage; extra expense coverage; third party property damage coverage; miscellaneous equipment coverage; faulty stock coverage; and negative coverage

Animals have been used in movie-making, advertising, documentaries and other print, films and production functions since the early days of the industry. 

We can offer special entertainment insurance coverage for the animals used in your production. This coverage protects you against loss.  Plus, the policy will pay the agreed value of the animal actor if death was caused by one of the perils listed on the policy. Animal Extra Expense would provide a “cast-type coverage” for insured animals that would reimburse the out-of-pocket expense incurred as a result of the interruption, postponement or cancellation of the production resulting from injury, death or illness to the animal so insured.

We get the resumes on the animal actors and their wranglers.  We can then write Animal Mortality coverage (life insurance) on the animals for a predetermined value.

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.