FAQ

Explore The Entertainment Captive Insurance FAQs

• Is the Entertainment industry that much different that Captives are created just for this industry?

  Entertainers are great at their crafts but generally not at mitigating their unique risks. Coupled with their public personas, sometimes larger-than-life personalities, and unique business ventures, they require out-of-the-box coverages that are not normally offered through traditional insurance carriers. Entertainment Captives are specific and create high value for these use cases.  As an example, take a well-known actor who likes to fly. Keep in mind that the actor did have a few very public mishaps in a California airport. To keep the cost down and risk low, the actor will require a very unique and specific Captive coverage to limit the exposure in gaps when operating an aircraft.

• Entertainment captive insurance seems “too good to be true” so what’s the catch?

  When you get all the facts you will see there is no “catch” but rather a specific answer to unique needs.  Entertainment Captives grew out of need so they are tried and true answers to specific risk mitigations.

• How do I really know that I need an Entertainment Captive and not generalized insurance?

  If your providers seem unsure of your specialized needs or you have been denied, that is a clear signal for Entertainment Captive. Captive Insurances are growing because they offer the best solution to unique risks.

• Entertainment captives insurance sounds great; however, Entertainment Captives seems complicated.

  Captive Insurance, like any risk mitigation strategy, needs experts to navigate each use case through the nuances. This process ensures transparency and reduces all the complexity within the process. Once the analysis is performed, the rest of the process is a simple straight path forward to your coverage.