Totalis Launches Specialized MGA to Bridge Coverage Gaps in the Entertainment Industry
In a significant move for the entertainment insurance sector, Totalis Program Underwriters has introduced Spotlight Entertainment Insurance, a specialized managing general agent dedicated to providing tailored insurance solutions for ancillary businesses that support production companies. This initiative builds on Totalis’ two-decade legacy in the entertainment industry and represents a bold step to cater to specialized and underserved markets.
Spotlight Entertainment Insurance Offerings
Spotlight Entertainment Insurance aims to deliver a comprehensive range of coverages tailored to meet the unique needs of businesses involved in staged events. The offerings include:
- Property Insurance: Protects against physical loss or damage to assets.
- General Liability Insurance: Coverage for third-party claims of bodily injury or property damage.
- Business Auto Insurance: Coverage for vehicles used for business purposes.
- Umbrella Liability Insurance: Additional liability coverage beyond standard policy limits.
Leadership and Vision
Alex Baiseri has been appointed as the vice president to lead this new venture, reporting directly to John Mahoney, senior vice president of operations. Baiseri expressed enthusiasm about the launch, stating, “I’m excited to introduce Spotlight Entertainment Insurance and the great team behind it to the entertainment industry.”
He emphasized the complexities of finding effective risk management solutions for ancillary businesses in entertainment, highlighting the unique risks these companies face. Baiseri reassured stakeholders that Spotlight will continue to deliver exceptional service and specialized coverage tailored to their needs.
Commitment to the Entertainment Industry
Totalis president Tom Gillingham underscored the significance of this initiative, stating, “Spotlight demonstrates Totalis’ commitment to expanding our integrated platform and providing specialty expertise for challenging market segments.” He also noted that the team at Spotlight will offer the necessary expertise and partnership for clients often overlooked in the entertainment sector.
This launch not only enhances Totalis’ portfolio but also seeks to meet the insurance requirements of vendors and operators efficiently. For more information on this development, visit InsurTech Analyst.
Stay tuned for more updates on insurance solutions tailored for the entertainment industry as Spotlight Entertainment Insurance embarks on this exciting journey.
