LAGUNA HILLS, CALIFORNIA, August 18, 2020 — Underscoring its commitment to provide insurance agents and their customers with the most comprehensive range of rental and staging coverages for every kind of live event, Take1 Insurance today announced a new strategic underwriting partnership with OneBeacon Entertainment, a member of OneBeacon Insurance Group.
According to Take1 Insurance Executive Vice President, Program Director and Lead Underwriter Scott Carroll, the new partnership enables Take1 to offer its customers a greater range of rental and staging insurance options for event service firms, event planners, producers, promoters, along with option for film and television production, short term or annual special events, those who tour and even the insurance needs for loan-out corporations.
“Take1 will do everything within our power to make sure that our customers never have to take their chances by offering the very best available coverages and our new partnership with OneBeacon enables us to do that with a specialty solutions carrier focused on entertainment customers,” Carroll said today.
Commenting on the partnership, OneBeacon Entertainment President Joe Fitzgerald said, “At OneBeacon, expertise and value-added service sets us apart. That’s why we’re excited to partner with Take1, a premier industry leader in the Entertainment market, and a company as committed to superior service and creative, comprehensive solutions as OneBeacon.”
Further echoing comments made by OneBeacon, Take1’s Scott Carroll noted that in the entertainment industry multi-million-dollar decisions are made each day and the insurance requirements are as varied as the productions and people seeking coverage. “OneBeacon Entertainment provides comprehensive commercial insurance solutions for touring entertainers; motion picture, television and documentary film makers, as well as for businesses associated with these industries. They understand that there’s no business like show business, and the companies involved with show business have needs that OneBeacon is uniquely positioned to meet.”
What’s more, Carroll emphasized, OneBeacon views this new partnership as a key opportunity to expand the overall size of the rental and staging insurance market segment. “The combination of our demonstrated leadership in the rental and staging market, combined with the innovation of their product offering, is going to result in more companies than ever before signing up to take advantage of our new offerings.”
Robert Stockley, Entertainment Program Development Manager at OneBeacon went on to say, “Our partnership with Take1 expands the depth and breadth of our capabilities and dedicated expertise. Together, we can support and build upon an already impressive book and provide customers the specialized solutions they need for the unique risks they face”
About Take1 Insurance
U.S. Risk‘s Take1 division has been servicing the insurance needs of the film and television production industry and has expanded significantly to meet the needs of audio-video and communications industry clients as well. The company’s experience includes underwriting film and television production companies, DICE (documentary, infomercial, commercial, educational) producers, touring entertainers, concert/playhouse venues, concert promoters, video game developers, and specialty rental operations focused on audio, visual, lighting, sound, grip, and production. For additional information, visit www.take1insurance.com.
About OneBeacon Entertainment
OneBeacon Entertainment, a member of OneBeacon Insurance Group, is a brand of Intact Insurance Group USA LLC that provides specialized commercial products and coverage solutions for the entertainment and media industries. An all-lines coverage solution is provided for feature film, television and DICE productions; theatrical companies, touring entertainers, loan-out corporations, venues, rental house and post-production facilities. Specialized products are offered for nonappearance, event cancellation, event liability, premises liability, participant liability and TULIP. Professional liability solutions are also available for content providers and media companies. Dedicated claims and loss control specialists complement our expert underwriting team to provide superior products and services to our customers. Additional specialized coverages can be offered in the marketplace through Specialty Advantage Insurance Services (SAIS), a OneBeacon agency/brokerage affiliate. Coverages may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company, a New York insurer; Homeland Insurance Company of New York, a New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer; OBI America Insurance Company, a Pennsylvania insurer; or OBI National Insurance Company, a Pennsylvania insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441. For more information, visit onebeaconentertainment.com.
