OneBeacon Insurance Group (OB), has introduced a new professional liability product - Producer Plus Liability*. This innovative product provides liability insurance designed to meet the needs faced by producers of entertainment and industrial films, radio, and live theater.
Vice President Regina Williams commented "We are excited to have developed and added Producer Plus Liability to our portfolio, given the emerging need for this type of coverage. We are pleased to offer a robust, flexible solution backed by our specialized media liability team, to address this marketplace need."
Producer Plus Liability will be written on an admitted basis in all states except Louisiana and Vermont (where it will be written on a surplus basis) with a $5 million maximum coverage limit.
Coverage will be written on the Producer and Entertainment Advantage form and may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company or Homeland Insurance Company of New York.
OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under the symbol "OB." OneBeacon’s underwriting companies offer a range of specialty insurance products sold through independent agencies, regional and national brokers, wholesalers and managing general agencies.
Each business is managed by an experienced team of specialty insurance professionals focused on a specific customer group or industry segment, and providing distinct products and tailored coverages and services.
OneBeacon’s solutions target group accident; commercial surety; design professionals; entertainment; environmental; excess property; financial services; healthcare; management liability; ocean and inland marine; programs; public entities; technology; and tuition refund.