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Performance Film and Media Insurance Expands cover for Unrivalled Protection- January 2009
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Performance Film and Media Insurance Expands cover for Unrivalled Protection

Including new and exclusive Post-Production Indemnity to protect clients' media during the post-production process

__________________________________

23rd January 09

Reflecting an in-depth understanding of its target markets, film and media insurance specialist Performance ( visit www.performance-insurance.tv) - a scheme operated by Cadogan Hanover Park and part of the Property & Commercial Division of Barbon Insurance Group - is set to offer unrivalled levels of protection and service following a series of enhancements and extensions to its cover, including a completely new and exclusive Post-Production Indemnity.

Believed to be a first within the film and media insurance industry, Performance’s innovative Post-Production Indemnity will protect post-production companies and provide funds for a potentially costly re-shoot or re-record should they damage clients’ media during the post-production process.

The expanded Performance policy now automatically provides protection for the insured’s own or hired equipment on a worldwide basis; theft even where there are no signs of forcible or violent entry or exit; hired equipment regardless of who is using it; and worldwide business interruption. Most business interruption insurance will only be implemented following physical loss of or damage to equipment, but not breakdown. Performance provides business interruption cover following breakdown as well as Reinstatement of Data and Virus Seek and Destroy costs.

In addition, Performance offers a massive no claims bonus of up to 20 per cent. This applies even where the client has previously used another insurance provider who did not offer such a deal. Performance will honour the discount as long as there hasn’t been a prior incident.

As part of the revamped cover, Performance also offers Directors’ and Officers’ Liability; Annual Business Travel; Commercial Legal Protection; and cont…/2 -2- Personal Accident - all under one umbrella as opposed to additional stand-alone policies. Andrew Leen, Head of Performance Film and Media Division comments: “We are delighted to be able to offer this expanded level of cover.

Not only is it a complete reflection of our unrivalled knowledge of the media and film industries and our clients’ insurance and risk management requirements, but it also gears us for ambitious future growth.” Performance offers specialist insurance and risk management solutions to a wide range of clients within the film and media industries, including film producers, freelancers, production and post-production companies, equipment hire businesses and studios.

The dedicated Performance team offer fast turnaround of quotes and will help develop policies designed to meet individual business requirements. Annual or short policies are available and instant cover provided when necessary.

About Cadogan Hanover Park: Cadogan Hanover Park (CHP) handles a wide range of general commercial insurances for a plethora of businesses.

It offers cover for premises; contents; machinery and plant; business interruption; loss of rent; employers liability; public / products liability; goods in transit; money; equipment outside premises; fleets of vehicles; professional indemnity; directors and officers; engineering; and group personal accident and travel insurance. www.chp-insurance.co.uk

As well as Performance, CHP also runs the following industry-specific schemes:

• Plastech: provides bespoke insurance solutions for the plastics industry;

• CareAssured: offers insurance and risk management solutions for care homes;

• TruckInsure: specialist truck and fleet insurance broker;

• SaifInsure: supplies insurance and risk management solutions for the funeral profession

About Barbon Insurance Group The Property & Commercial Division of Barbon Insurance Group Limited has a gross written premium of more than £150 million and is committed to delivering innovative insurance solutions, as well as risk management and consultancy services.

The company has built an impressive reputation through knowledge, experience and a commitment to understanding its customers’ businesses. Cadogan Hanover Park and Performance are trading names of Barbon Insurance Group Limited, which is authorised and regulated by the Financial Services Authority.

Source: Performance Film and Media Insurance


 

Further information about Barbon Insurance Group

See also HomeLet (Group) Press Information:

Tenants should Insure against recession related crime - February 2009

Barbon Insurance Appoints New Directors - Compliance - IT - Finance - February 2009

New Managing Director for Letsure- Barbon Insurance Group has announced the appointment of Ian Fraser as Managing Director - January 2009

New Chief Executive for Barbon Insurance - September 2008

Barbon Insurance Reveals Latest Financial Results - September 2008

Barbon Insurance Reveals Latest Financial Results - September 2008

EIS Completes Rebranding Exercise to Become Barbon Insurance Limited -August 2008

jml Insurance are very pleased that HomeLet and Letsure are now under the Barbon Insurance Group umbrella - August 2008

Martin & Co announces three year deal with HomeLet - July 2008

HomeLet staff gain promotions - June 2008

New Customer relations manager for EIS Insurance Solutions - June 2008

EIS sale completed - New and stable long term ownership - April 2008

EIS separates from Erinaceous Group - New and stable ownership - April 2008

Erinaceous placed in administration - April 2008

jml Insurance will now be introducing Homelet Landlord & Tenant insurance instead of Letsure - March 2008

Erinaceous puts insurance division up for sale - January - February 2008

Brian Turney has left Lumley Letsure - June 2007

Erinaceous Group Plc Opens Property Management Office in Dublin, Ireland - May 2007

HomeLet IPEX -Landlords set for buy-to-let revolution as new scheme launched - March 2007

HomeLet Rental insurance launch Portfolio Insurance from 10th July 2006 in the UK

Letsure has a new Glasgow offices December 2005

HomeLet launches new low cost option landlord’s protection - July 2003

Also: HomeLet Landlord & Tenant Insurance Sponsors Negotiator Award The 2008 awards from The Negotiator Magazine took place at the London Hilton on the 11th November


Please note, all details on any of the Insurance industry Press Releases displayed on this site are provided by insurance companies, organisations, Government departments and media and jml Property Services does not take any responsibility for their content or accuracy.

Return to insurance Indusry Press Releases

See Also

jml Insurance Press Releases

Insurance Industry Press Releases 2009

Insurance Industry Press Releases -2008

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