Entertainment & Sports

— RISK MANAGEMENT

Entertainment & Sports

Advancing solutions to address your evolving risk requirements.

Creative ventures require creative solutions

Lockton's knowledgeable, experienced professionals are ready to help. Organizations ranging from entertainment, sports, media, gaming, advertising and the vast array of entertainment industry segments carry various risks. We stand ready to deliver solutions tailored to fit your specific needs. We understand clients' commercial realities and how they are best presented to and addressed in the insurance market.

Lockton has substantial experience with Entertainment & Sports organizations of all sizes. We customize solutions around your needs and objectives. Our experts actively look for new ways to improve your coverage while minimizing costs and embracing a holistic approach to risk. Our service model includes consultative program analysis, financial modeling, manuscript policy wordings, and results-driven market strategy.

A dedicated center of excellence

Lockton’s Entertainment & Sports team of specialists live and breathe the Lockton entrepreneurial spirit. Our team is unparalleled in passion, expertise and experience. It is incumbent upon us to remain agile and ready to respond to new challenges and growing risks in the marketplace. Our strategic service model within Entertainment & Sports supports clients on a round-the-clock basis, 24/7, wherever you are and when you need it. Our bench runs deep. Contractual diagnostic specialists track the risk transfer elements within third-party contracts and the risk impacted commitments that influence potential losses.

Our expertise spans first-party risks, business interruption, including event cancellation/non-appearance, liability risks, financial and professional exposures. We have extensive experience in significant Entertainment & Sports loss events and understand that a loss event provides the ideal opportunity to prove our value. Expert guidance doesn’t just happen. Experience plus creativity plus a relentless commitment to our clients is what gives us our edge.

Strategic Risk Consulting: Understand, assess and align.

To structure your insurance program, we start by understanding your business goals and human capital strategy. Then we align risk management, employee benefits and retirement strategies with your business objectives.

P.A.I.D.™ – Protection Against Income Disruption

Lockton's Gaming, Entertainment & Sports Practice created a tailor-made insurance policy to address gaps in coverage under the standard property policy. P.A.I.D. is a standalone policy designed to protect against lost income and incurred costs without physical property damage. P.A.I.D. is available to businesses regardless of industry or company size and is customized to meet clients' needs. At Lockton, we know that innovative ideas are critical to your business's success.

Managing Health Risks

Health risk factors in your employee population can also affect your company’s bottom line. Turn to Lockton’s employee benefits experts, who can design a program that will help you attract and retain talented workers while managing your healthcare costs.
Benefits solutions

Latest news & insights

On March 5, the Federal Trade Commission (FTC), Department of Justice Antitrust Division, and Department of Health and Human Services announced a joint public inquiry into the increasing involvement and control of private equity in healthcare.FTC, DOJ and HHS inquiry into private equity and healthcare: Will your insurance respond?

FTC, DOJ and HHS inquiry into private equity and healthcare: Will your insurance respond?

article
On March 5, the Federal Trade Commission (FTC), Department of Justice Antitrust Division, and Department of Health and Human Services announced a joint public inquiry into the increasing involvement and control of private equity in healthcare. According to the ...
Read moreFTC, DOJ and HHS inquiry into private equity and healthcare: Will your insurance respond?

Supreme Court’s 10b-5 ruling favors public companies but doesn’t eliminate their litigation risk

In positive news for both public companies and directors and officers liability (D&O) insurers, the U.S. Supreme Court last week held that a failure to disclose information required by Securities and Exchange Commission (SEC) Regulation S-K, does not, in and of itself, create a private right of action for investors under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5. Despite being a clear win, it’s important that public companies continue to diligently monitor the securities litigation threats they still face.In positive news for both public companies and directors and officers liability (D&O) insurers, the U.S. Supreme Court last week held that a failure to disclose information required by Securities and Exchange Commission (SEC) Regulation S-K, does not, in and of itself, create a private right of action for investors under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5. Despite being a clear win, it’s important that public companies continue to diligently monitor the securities litigation threats they still face.

How multinationals can comply with new Russian sanctions

Following Russia’s invasion of Ukraine in February 2022, the Biden administration implemented sanctions targeting Russia’s financial, military, and energy sectors.Following Russia’s invasion of Ukraine in February 2022, the Biden administration implemented sanctions targeting Russia’s financial, military, and energy sectors.

Extreme Exodus: Is Your Homeowner’s Policy at Risk of Cancellation?

800 word blog outlining the state of homeowner insurance, including reasons for rising premiums. With a focus on HNW markets such as Florida and California, Excess & Surplus lines might be a viable alternative when traditional carriers exit high-risk markets. 800 word blog outlining the state of homeowner insurance, including reasons for rising premiums. With a focus on HNW markets such as Florida and California, Excess & Surplus lines might be a viable alternative when traditional carriers exit high-risk markets.
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