Take1 Strikes Strategic Underwriting Partnership with OneBeacon Entertainment

Underscoring its commitment to provide insurance agents and their customers with the most comprehensive range of rental and staging coverages for every kind of live event, Take1 Insurance announces a new strategic underwriting partnership with OneBeacon Entertainment, a member of OneBeacon Insurance Group.

According to Take1 Insurance executive vice president, program director and lead underwriter Scott Carroll, the new partnership enables Take1 to offer its customers a greater range of rental and staging insurance options for event service firms, event planners, producers, promoters, along with options for film and television production, short term or annual special events, those who tour and even the insurance needs for loan-out corporations.

"Take1 will do everything within our power to make sure that our customers never have to take their chances by offering the very best available coverages and our new partnership with OneBeacon enables us to do that with a specialty solutions carrier focused on entertainment customers," Carroll says.

Commenting on the partnership, OneBeacon Entertainment president Joe Fitzgerald says, "At OneBeacon, expertise and value-added service sets us apart. That's why we're excited to partner with Take1, a premier industry leader in the Entertainment market, and a company as committed to superior service and creative, comprehensive solutions as OneBeacon."

Further echoing comments made by OneBeacon, Carroll noted that in the entertainment industry multi-million-dollar decisions are made each day and the insurance requirements are as varied as the productions and people seeking coverage. "OneBeacon Entertainment provides comprehensive commercial insurance solutions for touring entertainers; motion picture, television, and documentary film makers, as well as for businesses associated with these industries. They understand that there's no business like show business, and the companies involved with show business have needs that OneBeacon is uniquely positioned to meet."

What's more, Carroll emphasizes, OneBeacon views this new partnership as a key opportunity to expand the overall size of the rental and staging insurance market segment. "The combination of our demonstrated leadership in the rental and staging market, combined with the innovation of their product offering, is going to result in more companies than ever before signing up to take advantage of our new offerings."

Robert Stockley, entertainment program development manager at OneBeacon went on to say, "Our partnership with Take1 expands the depth and breadth of our capabilities and dedicated expertise. Together, we can support and build upon an already impressive book and provide customers the specialized solutions they need for the unique risks they face."