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.
The Hartford Q3 Net Income Up 41% 
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 
World’s Largest Retirement Community Taps Muni Market to Help Build More Homes 
Trucking App Trucker Path Launches Retail Insurance Agency 
