MEDIA

Phenomen is the first digital insurer dedicated to event and media production professionals in particular, and to all companies that organize events on their own behalf or on behalf of their client(s). Our raison d'être is to protect the budget allocated to events that boost your company's development. We offer comprehensive coverage, online underwriting, simple pricing and a single application for all your insurance needs. We provide solutions specific to your business. Our team of underwriters, experts in cancellation issues, can help you manage your contracts and claims.

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The benefits of MEDIA insurance

• Cover for production costs: Audiovisual production insurance can help cover the costs associated with the interruption, postponement or cancellation (abandonment) of filming in the event of unforeseen circumstances such as the unavailability (accident, illness, ...) of a key person (director, DOP, actors/models, ...), a defect in the filming medium (HD or film), a breakdown in technical equipment (shooting, sound, lighting, machinery) an attack, an inability to access the filming location, etc.
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• Preventing financial risk: In the event of interruption, postponement and/or cancellation of filming, the production can suffer significant financial losses, but by taking out audiovisual production insurance, it can minimize this risk.
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• Favors planning: Once a production has taken out audiovisual production insurance, it can begin the pre-production phase (preparation, location scouting, set construction, etc.) and finalize the hiring of technical crews (cast, stage management, direction, machinery, lighting, sound, production, etc.) in complete confidence, knowing that it is protected in the event of unforeseen problems.

Examples of situations

• Last-minute cancellation: If the shoot is canceled at the last minute due to an act of terrorism that leaves the crew in mourning, a fire on the main set, the unavailability of the lead roles, etc., the production may incur substantial financial losses for costs already incurred (artistic costs of writing the script and music, pre-production phase including preparation, location scouting, set construction, etc.), the production may suffer substantial financial losses for costs already incurred (artistic costs of script and music writing, pre-production phase including preparation, location scouting, set construction, etc.) and costs remaining due despite the cancellation of the shoot (salaries of entertainment workers, rental of technical equipment "blocked" by rental companies, etc.).
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• Costly postponements: If filming has to be postponed, this can entail very substantial additional costs to finance the extra days: fees for actors and technicians on intermittent entertainment contracts, extended rental of sets, technical equipment, etc.
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• Unavailability of actors due to commitments on other shoots, impossibility and/or delays in obtaining new filming permits (seasonality for certain sets), weather-related problems.

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