Laguna Hills, CA -- (SPW) --

Thanks to the growing number of broadcast, cable and streaming platforms, the market demand for recorded filmed content has never been greater than it is today, creating enormous new business opportunities for producers of documentary, industrial, commercial, and educational (DICE) films as well as producers of webisodes and YouTube videos. 

With these opportunities comes new risks, according to Take1 Insurance Senior Vice President & Program Director Scott Carroll, and, to help address these risks, Take1 today introduced its Recorded Content Producers Program. 

Available in all 50 states either on a direct or agency bill basis, the program offers all lines of the most required commercial insurance coverages: General Liability; Property (Real and/or Business Personal Property and/or Business Income/Interruption); Producer’s Portfolio (often called a Production Package), suite of Inland Marine Covers; Auto (Commercial auto and/or Hired and Non-Owned Auto liability and physical damage; Worker’s Compensation; Excess and Umbrella. The program is written with an A+ rated (AM Best) leading entertainment specialty insurance carrier and all claims are handled directly by dedicated entertainment-only claims specialists at the carrier.

“This is a program designed specifically to meet the needs of every type of DICE content producer at work today, with a particular focus on producers of webisodes and YouTube type productions,” Carroll explained. “It’s a flexible program that can grow with the insureds for scripted or unscripted productions that have gross production budgets up to $3-million.”

Even more importantly, given the pace of change in today’s content production marketplace, most quotes can be turned around in one hour or less. For retail insurance agents presenting the program to their customers, commissions are available ranging between 10-13.5% on all lines except work comp where commissions are 5%.

According to Carroll, the program addresses needs that are unique to DICE producers. The Producers Portfolio Inland Marine contemplates exposures unique to content providers such as coverage for Negative and Faulty; props, sets and wardrobe; animal mortality; civil authority; and more, including a sub-limit for producer’s indemnity (sometimes referred to as errors in judgement), which is not often offered in most DICE programs.

The program also offers customizable separate limits for most coverage parts of the Producer’s Portfolio, including high limits available for items such as Third Party Property Damage to cover accidental damage to a third party’s property.

It also provides blanket additional insured; Waiver of Subrogation and Per-location aggregate.

“DICE producers are living and working in a rapidly changing and evolving landscape where their services and creative output are increasingly in high demand.  This is a trend that will continue to build as broadcasters and streaming service providers need more and more content to attract viewers and subscribers,” Carroll said. “Insurance needs to keep pace with the needs of this changing marketplace and this very unique and comprehensive program does just that.”

For more information about the new Recorded Content Producers Program, interested parties and retail insurance agents can contact: