Contingencies: Events and Filmmaking

Backed by more than 25 years’ experience in the adjustment of these types of losses in Spain and Latin America, we are well-acquainted with the particularities of these types of policies.

Areas of Action

1. Film / TV / Advertising / Entertainment Industry

  • We are experts in losses involving shoot abandonment or stoppage, actor or director non-appearance, loss of filmed material, damage to a shoot’s technical equipment, etc., catering to losses affecting both the filmmaking industry and TV and advertising production.

2. Events, concerts, sports…

  • As a reference bureau in this field, we are continuously involved in adjusting claims related to the cancellation and postponement of festivals, concerts, artists’ tours, sports events, conferences, and exhibitions.
  • We are also specialised in claims under promoters’ liability policies.
  • Our broad international network gives us access to the location of the insured event when there is a risk of cancellation.

3. Prize Indemnity, Hole in One and Over redemption

For this specific policy type that insures the possibility of a prize being won or the success of a promotion, we audit the process in situ and/or in documented form.

Our Experience

RTS is Spain’s leading company in the adjustment of this specialty, widely recognised both nationally and in the London market, among European insurers and the brokers specialised in this sector.

We intervene in situations affecting the most renowned TV and film production companies, festival and concert promoters, and the management and representation agencies of the most acclaimed national artists.

Type of losses we intervene in:

Filmmaking

  • Shoot stoppage or abandonment due to illness of the lead actor
  • Shoot stoppage or abandonment owing to adverse weather
  • Loss of filmed material resulting from damage to negatives or digital supports
  • Breakdowns and damage affecting shoot equipment and materials
  • Damage to shoot locations

Events

  • Cancellation of artists’ tours due to illness or injury
  • Cancellation of festivals and concerts through inclement weather or non-appearance of the artist
  • Concert cancellation due to stage or structural collapse
  • Cancellation or postponement of football matches in official competitions
  • Claims from attendants and participants in events due to accidents occurring during their celebration
  • Prior and post-event site inspections

Prizes and other specialties

  • TV game shows with millions in prizes, commercial campaigns
  • Golf tournaments (Hole In One), league classifications and TV rights, promotions for customer attraction and retention

Specialty Management  >  rtscontingencies@rtsgrupo.com
Almudena Suárez
Mabel Lloreda