Momentous Insurance Brokerage of Van Nuys, Calif., has announced a strategic partnership with Doodson Entertainment, a specialist brokerage firm in the United Kingdom and the United States, to bring enhanced capability in placing non-appearance and event cancellation insurance solutions.
Non-appearance and event cancellation insurance is one of the ways touring artists, concert promoters and event organizers manage financial risk. A wide range of circumstances can prevent a scheduled event from taking place, including severe weather, damage to venue, injury or illness of a performer, and loss of power. Should an event be cancelled, there are likely to be significant expenses to be covered and a potential loss of profit.
Momentous Insurance Brokerage has established a large music and touring entertainment practices in the United States, and the partnership will strengthen its capabilities in non-appearance coverage by expanding its presence in the London marketplace, the company said.
Was this article valuable?
Here are more articles you may enjoy.
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead 
Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance 
Disney Worker Injured Trying to Stop Runaway Boulder at Indiana Jones Show 
CRC Group Signs Agreement to Acquire Euclid Transactional 
