Johannesburg – 30 November 2017 – Chubb today announced the launch of its Entertainment Industry Practice for middle market entertainment companies. The new practice is dedicated to providing innovative and industry-leading insurance products to meet the evolving and specialist needs of entertainment companies operating in South Africa and Sub-Saharan Africa.
Chubb’s Entertainment Industry Practice offers a broad range of specialist coverages and services uniquely designed for entertainment companies. This includes tailored and comprehensive products for commercial media producers including business interruption coverage for cast, production media and extra expenses as well as coverage for public liability and property theft, damage and breakdown.
The new practice also provides specially tailored coverage for event companies offering protection against losses resulting from cancellation, interruption and postponement.
Gary Jack, Country President for Chubb in South Africa said:
“We are committed to the continual development of market-leading solutions which address the evolving needs of our brokers and clients. This newly-launched middle market practice offers entertainment companies a bespoke insurance solution crafted to address the industry’s unique needs and affords protection against related financial exposures involved in producing media content or organising an event.”
Francis Hernandez, Entertainment Manager Overseas General for Chubb said:
“We are hugely excited to be launching our event cancellation and media production offerings in South Africa and look forward to providing both our existing customers and hopefully some new ones with a solution to meet their needs in the entertainment sphere. Offering local policy issuance and service in South Africa for this class of business has been a long-term goal for Chubb and one I am very happy to say we can now provide.”