Industries Served: Sports & Entertainment
Across the U.S., sports and entertainment events – from professional football games to large outdoor music festivals to citywide marathons – are big business for their owners and managers. However, the sports and entertainment industry faces unique insurance and risk management challenges. Professional sports teams, university and collegiate athletic departments, stadium management firms and concert promoters need an insurance partner who understands the special requirements, including property and personal liability, event cancellation and guidance on contractual matters, for these businesses and organizations.
Wortham is recognized as one of the few insurance firms in the U.S. with a highly specialized practice focused on the sports and entertainment industry. Our team includes experienced professionals who bring years of technical expertise, industry-specific knowledge and marketing savvy to each client. Serving as a business partner to our clients, we carefully review each client's unique exposures and risk management issues that are critical to their organization. We perform an in-depth professional marketing of their insurance programs, seeking all possible coverage, limits and pricing options that best suit their needs.
By leveraging Wortham's strong relationships with underwriters and market knowledge, we focus on negotiating the optimal coverages and competitive pricing for our clients. With Wortham, you'll find a partner that understands your unique insurance and risk management needs and values your business.
At Wortham, we work in tandem with our clients to understand their insurance and risk management needs and identify a range of products. Among coverages and services that Wortham provides for our clients in the sports and entertainment industry are:
- Workers compensation
- General liability
- Excess liability/umbrella
- Event cancellation
- Confiscation, expropriation and nationalization
- Business interruption
- Power outage
- Surety bonds
- Employee benefits
- Construction projects
- Professional indemnity
- Directors & officers liability
- Fiduciary liability
- General partnership liability
- Employment practices liability
- Kidnap, ransom and extortion
- Cyber liability