Sports & Entertainment
Sports & Entertainment
At Total Risk Managers, we understand that the sports and entertainment industries face unique and high-profile risks. From large-scale events and professional athletes to film productions and live performances, these sectors require specialized reinsurance solutions to protect their investments, participants, and audiences. Our tailored approach ensures comprehensive coverage and peace of mind for stakeholders.
Comprehensive Coverage for Sports & Entertainment
- Event Cancellation and Disruption: Unforeseen events like natural disasters, pandemics, or political unrest can disrupt or cancel planned sports and entertainment events. Our reinsurance solutions protect against financial losses stemming from such interruptions, including non-refundable expenses and contractual penalties, ensuring that organizers and stakeholders are covered and minimizing the financial burden.
- Liability Protection: In the world of sports and entertainment, public liability, and participant injury coverage are paramount. Our solutions cover the costs of accidents, third-party injuries, or legal liabilities arising from events, performances, or any related activities. This includes both general liability and more specialized forms of coverage, such as product liability and employer liability, ensuring that you are fully protected from unforeseen legal consequences.
- Athlete and Performer Coverage: Professional athletes, performers, and key personnel face unique risks, from career-threatening injuries to issues surrounding personal liability. Our reinsurance solutions are designed to protect these individuals with coverage for career-ending injuries, loss of earnings, and personal accidents. Additionally, we provide coverage for events that could impact their ability to perform or compete, including protection for injury recovery and performance-related issues.
- Broadcasting and Media Rights: Broadcasting rights and media investments can be vulnerable to changes in the sports or entertainment landscape. Whether it’s the failure of a live broadcast or the inability to air scheduled content, our tailored reinsurance offerings ensure that broadcasters and media companies are protected. We help secure coverage for production delays, advertising revenue loss, and any interruptions to the planned media schedule, safeguarding investments in broadcasting rights and media agreements.
- Venue and Equipment Insurance: Sports venues, concert halls, and production facilities are vulnerable to damage, theft, or operational failure. Our coverage extends to physical damage, including fire, vandalism, or equipment malfunction. Additionally, we provide insurance for the operations of these venues, covering business interruption, lost ticket sales, and the costs of repairing or replacing damaged infrastructure and equipment, ensuring minimal disruption to your operations.
- Film and Production Coverage: Whether it’s a film production, television show, or live event, the entertainment industry requires a comprehensive range of insurance solutions to protect against production delays, equipment breakdowns, or unforeseen disruptions. Our reinsurance solutions provide coverage for lost revenue due to production delays, liability arising from cast and crew injuries, and any damage to filming equipment, ensuring that the production process runs smoothly and financial risks are minimized.
Why work with us
Global Reach
Our extensive network ensures access to top-tier coverage and capacity, wherever your operations take you.
Industry Expertise
Decades of experience and deep insight into the unique challenges faced by complex and high-stakes industries.
Customized Solutions
Every policy is carefully tailored to meet the precise needs of your specific project, operation, or enterprise.
Proactive Risk Management
We help you anticipate and mitigate potential risks before they become critical issues.
Supporting the Industry with Tailored Solutions
Total Risk Managers works closely with reinsurers and industry stakeholders to develop innovative and cost-effective reinsurance solutions. Our expertise helps mitigate financial risks, ensuring smooth operations for sports leagues, event organizers, and entertainment professionals.