Property Insurance

Property Insurance is ideal for sports organizations, event operators, concert venues, recording studios, and entertainment businesses with offices, mobile equipment and storage spaces. This coverage helps address disruptions caused by damage to critical facilities, equipment, or third-party locations essential to their operations.

Protect Your Assets

This coverage protects the facilities sports and entertainment organizations depend on, from offices and recording studios to concert halls, arenas, training facilities and rented event spaces. When damage puts a location out of use, it addresses the lost revenue and obligations that continue.

Why You Need It

Fire & Smoke Damage: A fire at a leased office, concert hall, arena, recording studio, or training facility disrupts operations.
Water Damage & Severe Weather: Flooding, storm damage, or burst pipes render a critical venue or facility unusable.
Utility & Infrastructure Failures: Power outages or damage to essential infrastructure interrupt events, productions, or business operations.
Lease & Contractual Obligations: Helps address financial exposures when insured locations become unusable but lease payments, rental agreements, or contractual commitments remain in force.
Vendor & Facility Dependencies: Protection when damage to a key venue, studio, office, warehouse, or training facility impacts scheduled operations, events, productions, or revenue.

Claims Examples

Concert Hall Fire: A fire damages a venue scheduled to host a series of concerts, forcing cancellations and resulting in lost revenue for the promoter and performers.
Recording Studio Water Damage: A burst pipe renders a third-party recording studio unusable, delaying recording sessions and disrupting contractual obligations.
Sports Facility Closure: Severe weather damages an arena or training facility, causing the cancellation of games, practices, and related events.
Leased Office Loss: A fire at a leased office prevents normal operations, while rent and other obligations under the lease agreement continue despite the property being inaccessible.

Use Cases

Concert Halls & Performance Venues

Protect scheduled programming and revenue when fire, flooding, or utility failure takes a venue out of use.

Arenas, Stadiums & Training Facilities

Maintain coverage for games, practices, and events when damage closes a sports complex or training site.

Recording Studios & Production Facilities

Secure sessions and contractual commitments when damage renders a studio unusable.

Corporate Offices & Leased Workspaces

Manage rent and lease obligations that continue when a leased office becomes inaccessible.

Protect Your Moments

Specialist insurance underwriters protecting moments in sports, entertainment, and promotions.