Philadelphia Insurance Companies (PHLY) has launched a new insurance coverage offering for both media companies and organizations that create or distribute media content called Cover Pro Media.
PHLY’s coverage addresses both online and ‘offline’ exposures that social media, publishing, film production, provision of content, and broadcasting pose to most organizations in today’s virtual world. Cover Pro Media includes automatic coverage for independent contractors providing media activities on behalf of policyholders and protection for public appearances.
Coverage for this new product is available on either a claims made or occurrence basis for: TV and radio broadcasters, publishers, film producers, online advertisers and content providers, authors, spokespersons, and other media classes. The Cover Pro Media product is available on an admitted basis in 20 states and on a non-admitted basis in others. Ineligible accounts include online gaming, adult entertainment, and provocative content providers.
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