Specialist insurer
Hiscox has upgraded its product suite for the media and creative industries, unveiling two bespoke professional indemnity products aimed at professionals involved in digital marketing and event organisation.
The company has also enhanced its products for those in marketing, advertising and communications, commercial film production and multimedia amid the changing risk landscape in the sectors.
Hiscox said the improved product suite will address new exposures faced by the media and creative industries. The insurer said the nature of the risks within the sectors have been changed by rapid technological advances such as social media, on-demand TV, digital radio and mobile and table devices.
“This new suite of products will further boost our ability to serve clients working in this field, by being even more tailored to their specific needs,” said James Brady, head of media at Hiscox UK and Ireland.
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According to the insurer, its digital marketing product now provides broad cover for contractual liability and explicit cover for a wide range of digital services including SEO, digital advertising, analytics and insight and web and app building.
The marketing, advertising and communications product now covers breach of advertising regulations, breach of contract and rectification costs.
Meanwhile, the commercial film producers’ product now provides explicit cover for APA contracts required for the production of commercials, as well as cover for breaching a licence to use someone’s trademark or copyrighted material.
The event organisers’ product includes automatic coverage for venue owners and operators, bodily injury and property damage cover, personal appearance coverage, and work performed by subcontractors.
The multimedia product has been upgraded to include protection against allegations of discrimination in your content, legal costs to challenge a police information notice and cover for emotional distress claims.
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