Production Insurance 101: Protect Yourself Post-Covid

Plus! Get a Production Insurance Quote Checklist
Hosted by Daniel R'bibo

$49

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Daniel R'bibo

Webinar hosted by: Daniel R'bibo

Senior Vice President at Senior Vice President Gallagher Entertainment

Daniel R’bibo is a Senior Vice President at Gallagher and has worked on over 100 feature films including Oscar winners  such as FOXCATCHER and HER, as well as A24's MID-90's, SEARCHING, HAPPY DEATH DAY and a dozen television shows. For nearly two decades, Daniel has provided insurance services for independent and studio projects which have premiered at Cannes, Sundance, Tribeca, TIFF and more. He has worked on all lines of insurance ranging from Production Insurance policies to Financial and Cybertechnology policies such as E&O, D&O and Network/ Security & Privacy coverages. Daniel was featured in Risk and Insurance Magazine’s Top 40 Under 40 List and has been awarded their Power Broker Award in the Media & Entertainment Category four separate times. Few people in the world know entertainment insurance better than Daniel, and he’s prepared to share what he knows exclusively with the Stage 32 community. Full Bio »

Webinar Summary

When the entertainment industry shut down as a result of the global pandemic, insurers were left with hundreds of millions of dollars in claims. As a result, traditional production insurance is no longer available. Carriers have modified their coverages, added exclusions and changed coverages they are offering altogether. Additionally, they now require more information in order to underwrite and provide a quote for the film. Production insurance has always been difficult to navigate, but now more than ever it’s crucial to understand how it works and how it’s changed.

Filmmakers and creators, both independent and as a part of studios and networks, are itching to get back to work and start creating again. However it’s important to be careful before plunging in, and not just for health reasons. The truth is updates to production insurance is going to change things for everyone, and you need to understand how exactly things will change before you get started on your next project. Filmmakers need to learn what the new underwriting guidelines are and what information is now needed in order to obtain production insurance. You also need to know how to better budget the increased cost for insurance and so that there are no surprises when the quotes come. By knowing what terms and insurances are available for your specific project, you will be able to discuss these options with lenders, distributors and bond companies. It’s more important than ever to be informed and to be prepared when gearing up for your next production.

Daniel R’bibo is a Senior Vice President at Gallagher and has worked on over 100 feature films including Oscar winners such as FOXCATCHER and HER, as well as A24's MID-90's, SEARCHING, HAPPY DEATH DAY and a dozen television shows. For nearly two decades, Daniel has provided insurance services for independent and studio projects which have premiered at Cannes, Sundance, Tribeca, TIFF and more. He has worked on all lines of insurance ranging from Production Insurance policies to Financial and Cybertechnology policies such as E&O, D&O and Network/ Security & Privacy coverages. Daniel was featured in Risk and Insurance Magazine’s Top 40 Under 40 List and has been awarded their Power Broker Award in the Media & Entertainment Category four separate times. Few people in the world know entertainment insurance better than Daniel, and he’s prepared to share what he knows exclusively with the Stage 32 community.

Daniel will dive deep into how production insurance works and how it has changed with COVID-19 pandemic. He will begin with a general overview of production insurance. He’ll explain the various insurances relating to production including production package, general and auto liability, workers compensation, errors and omissions (E&O), and COVID specific insurances. Next Daniel will delve into the changes in insurance underwriting and carrier appetite due to the pandemic. He’ll walk you through what you need to know before you get a quote, including COVID related exclusion and new terms and conditions, required safety procedures, and how may quotes you can expect for your project. He will also show you how much to budget for your own production insurance. Finally, Daniel will provide case studies of real films’ insurance breakdowns, both before COVID and after. He will spend time discussing both films made for under and over $5 million. It can feel like the Wild West now in venturing back into production, but Daniel will give you a clear picture of how insurance is going to work moving forward.

 

PLUS! You will receive a production insurance quote checklist to make sure you have everything in order to ensure you get the best quote possible from an Insurance Agent.

What You'll Learn

  • Production Insurance – What Is It?
    • Overview of the various insurances relating to production
      • Production Package
      • General & Auto Liability
      • Workers Compensation
      • Errors & Omissions (E&O)
      • Covid Specific insurances
  • Changes in Underwriting & Carrier Appetite
    • What you need to know before you get a quote
      • Covid related exclusion and new terms & conditions
      • Covid safety procedures
      • How many quotes can I expect for my project?
    • How much to budget for your production insurance
  • Case Study: Insurance Breakdown Before and After COVID-19
    • Daniel will walk through insurance terms and costs for films both under and over $5 Million using real examples from actual films
  • Q&A with Daniel

About Your Instructor

Daniel R’bibo is a Senior Vice President at Gallagher and has worked on over 100 feature films including Oscar winners  such as FOXCATCHER and HER, as well as A24's MID-90's, SEARCHING, HAPPY DEATH DAY and a dozen television shows. For nearly two decades, Daniel has provided insurance services for independent and studio projects which have premiered at Cannes, Sundance, Tribeca, TIFF and more. He has worked on all lines of insurance ranging from Production Insurance policies to Financial and Cybertechnology policies such as E&O, D&O and Network/ Security & Privacy coverages. Daniel was featured in Risk and Insurance Magazine’s Top 40 Under 40 List and has been awarded their Power Broker Award in the Media & Entertainment Category four separate times. Few people in the world know entertainment insurance better than Daniel, and he’s prepared to share what he knows exclusively with the Stage 32 community.

FAQs

Q: What is the format of a webinar?
A: Stage 32 Next Level Webinars are typically 90-minute broadcasts that take place online using a designated software program from Stage 32.

Q: Do I have to be located in a specific location?
A: No, you can participate from the comfort of your own home using your personal computer! If you attend a live online webinar, you will be able to communicate directly with your instructor during the webinar.

Q: What are the system requirements?
A: You will need to meet the following system requirements in order to run the webinar software: Windows 7 or later Mac OS X 10.9 (Mavericks) or later.
If you have Windows XP, Windows Vista and Mac OS X 10.8 (Mountain Lion): The webinar software does not support these operating systems. If you are running one of those operating systems, please upgrade now in order to be able to view a live webinar. Upgrade your Windows computer / Upgrade your Mac computer

Q: What if I cannot attend the live webinar?
A: If you attend a live online webinar, you will be able to communicate directly with your instructor during the webinar. If you cannot attend a live webinar and purchase an On-Demand webinar, you will have access to the entire recorded broadcast, including the Q&A.

Q: Will I have access to the webinar afterward to rewatch?
A: Yes! After the purchase of a live or On-Demand webinar, you will have on-demand access to the audio recording, which you can view as many times as you'd like for a whole year!

Questions?

If you have a generic question about Stage 32 education you can take a look at our frequently asked questions section on our help page, or feel free to contact support with any other inquiries you might have.

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