“The show must go on” is a phrase we all know, however what happens when “the show can’t go on” and who pays for the loss of the show(s)?
There are many different scenarios that can cause cancellation, abandonment, postponement, interruption, curtailment or relocation of your production due to unforeseen circumstances which are outside of your control, including travel delay, set breakdown, illness, weather and terrorism.
Bev Hewes, Principal – International Theatre Development at global entertainment insurance brokerage INTEGRO discusses the cancellation insurance policy available via Lloyd’s of London for static and touring theatre productions along with how to calculate your loss and what happens when a claim occurs.
- 2:30 – Bev Hewes introduction
- 3:31 – Introduction to INTEGRO Entertainment
- 4:52 – Introduction to Lloyd’s of London
- 6:45 – Theatre cancellation insurance
- 8:20 – Insured perils
- 11:48 – Identifying your risk
- 15:00 – Underwriting considerations
- 18:07 – Claims
- 24:09 – Conclusion