Entertainment insurance specialist Fireman’s Fund Insurance Company, is partnering with Allianz Global Corporate & Specialty to bring its entertainment division to Canada.
Led by Lynne Pepper, an entertainment underwriter with more than 20 years of experience, the team will focus on expanding Fireman’s Fund entertainment business across a variety of key segments, including film, television, D.I.C.E., special events, music, and contingency coverages. The team will also include entertainment underwriting veteran Natalie Reynolds and customer service specialist Robyn McMahon. The team previously worked at Travelers Canada.
“Our expanded global footprint enhances our ability to understand a diverse and increasingly global entertainment marketplace and provide unparalleled expertise, service and creativity to our customers,” said Lauren Bailey, vice president of entertainment at Fireman’s Fund Insurance Company in a statement. “Fireman’s Fund is committed to expanding its industry leading entertainment business by continuing to invest in its global capabilities and talent.”
With the addition of this team at Allianz Global Corporate & Specialty in Canada, Fireman’s Fund has more than 90 dedicated entertainment underwriters, customer service, claims and risk services experts in Burbank, Santa Monica, Dallas, Minneapolis, New York City, London, and now Toronto to best serve its agent and broker customers and their clients.
Allianz Global Corporate & Specialty will handle all aspects of Canadian entertainment business through appointed entertainment agents and brokers. As a member of the Allianz Group, one of the world’s largest providers of property and casualty insurance, Fireman’s Fund said it can offer high limits as a result of its financial strength and proven results. “Our expertise and capacity add significant value along with flexibility in coverage options that are difficult for other carriers to match,” added Bailey.
Industry Canada says the Gross Domestic Product in the Canadian arts, entertainment and recreation sector measured $11.3 billion in 2010. Between 2001 and 2010, the GDP growth represented a compound annual rate of 1.2%. Toronto, Vancouver and Montreal are particular hot spots in the entertainment industry.