North America Entertainment Insurance Market Size, Share & Trends Analysis Report, Forecast Period, 2024-2030
Report ID: MS-990 | IT and Telecom | Last updated: Jun, 2025 | Formats*:
The entertainment insurance market comprises specialised insurance products designed to mitigate the financial risks associated with the entertainment industry, including film production, live events, concerts, theatre, sports and digital media. These policies include a wide range of exhibitions-like damage to equipment, diseases, or cast injuries; event cancellations; liability claims; and intellectual property disputes by defining business continuity and financial protection in a high-risk and high-investment sector. With the growing complexity of productions, increased costs and increased use of technology, the demand for personalised coverage increased in studios, event organisers, streaming platforms and content creators.
Entertainment Insurance Report Highlights
| Report Metrics | Details |
|---|---|
| Forecast period | 2019-2030 |
| Base Year Of Estimation | 2024 |
| Growth Rate | CAGR of 7.41% |
| Forecast Value (2030) | USD 21.5 Billion |
| By Product Type | Staging & Rigging Insurance, Production Insurance, Touring Insurance, Special Event Insurance, Others |
| Key Market Players |
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| By Region |
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Entertainment Insurance Market Trends
An important trend is the growing demand for comprehensive coverage in various sectors, such as movie and television production, live events, music and digital content creation. The proliferation of streaming services and the globalisation of entertainment productions require specialised policies that address intellectual property, cybersecurity risks and international regulatory complexities. In addition, the sector is seeing a growing emphasis on personalised solutions that encompass everything, from cast and crew risks to event cancellation due to unforeseen circumstances, such as climate or public health concerns. Insurers are also adapting to incorporate emerging technologies into their risk assessment and claim processing, along with the focus on sustainability and diversity in production practices.
Entertainment Insurance Market Leading Players
The key players profiled in the report are Chubb Limited (United States), Next Insurance (United States), Hiscox Ltd. (Bermuda), HUB International (United States), Axa S.A. (France), Allen Financial Insurance Group (United States), Allianz SE (Germany), Lockton Companies (United States), Intact Financial Corporation (Canada), Truman Van Dyke (United States)Growth Accelerators
- Surge in film and TV productions: The entertainment industry has witnessed a significant increase in film and television productions, requiring comprehensive insurance coverage to mitigate risks associated with delays, equipment damage and casting liabilities.
- Resurgence of events and live concerts: post-pandemic, there was a remarkable rebirth in events and live shows, leading to greater demand for cancellation insurance and responsibility for events to protect against unforeseen interruptions.
- Expansion of streaming services: The rapid growth of streaming platforms has transformed content distribution, leading insurers to develop specialised policies that address the risk of digital content and cyber threats.
Entertainment Insurance Market Segmentation analysis
The North America Entertainment Insurance is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Staging & Rigging Insurance, Production Insurance, Touring Insurance, Special Event Insurance, Others . The Application segment categorizes the market based on its usage such as Personal, Commercial. Geographically, the market is assessed across key Regions like North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The competitive scenario of the entertainment insurance market is highly dynamic and characterised by a mixture of global insurance giants and specialised niche suppliers. Main players such as Allianz, Axa XL, Chubb, Gallagher and Marsh LLC are prominent, offering comprehensive coverage in various segments, including movie production, live events, sports and media. Competition is driven by experience in underwriting to complex risks, efficient handling of claims and the ability to innovate with new products adapted to emerging risks. Trends such as the growth of streaming services, the growing use of AI in content creation (raising questions about property and intellectual responsibility) and the continuous global nature of entertainment productions are shaping the offers and strategies of these insurers. There is a strong focus on providing evolutionary risks, such as cyber threats, event cancellations due to unforeseen circumstances and intellectual property disputes, leading to a demand for highly personalised and comprehensive policies.
Challenges In Entertainment Insurance Market
- High Premium Costs: The specialised nature of entertainment insurance leads to high awards, presenting financial challenges for smaller productions and independent breeders.
- Complex Claims Processes: claims usually involve multiple stakeholders and intricate documentation, resulting in prolonged settlement times and possible disputes.
- Evolving Technological Risks: increased content generated by AI and virtual productions introduces new liabilities, complicating risk assessments and coverage terms.
- Climate and Weather Vulnerabilities: Increased frequency of extreme climate events interrupts live events, leading to higher claims and requiring broader coverage.
Risks & Prospects in Entertainment Insurance Market
The main areas of growth include the growing complexity and budgets of film and television productions, requiring comprehensive coverage of various risks, from damage caused by the equipment to legal liabilities. The increase in live events, shows and festivals worldwide also creates substantial demand for insurance against cancellations, property damage and public responsibility. In addition, the rise of streaming services and digital content creation requires policies specialised for cyber risks, intellectual property disputes and online reputation management. Insurers are also seeing opportunities in emerging areas such as electronic sports and virtual reality productions, requiring innovative and personalised solutions.
Key Target Audience
- , Require coverage for cast, equipment, and production delays to protect high-budget projects.,
- Theatre and Performing Arts Institutions
, Seek protection for athlete injuries, event cancellations, and venue-related risks. , Insure against performance interruptions, property damage, and liability issues., - Live Event Organizers and Promoters
,- Sports Teams and Event Managers
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, Need insurance for cancellations, liabilities, and unforeseen disruptions at events.- Film and Television Production Companies
, - Sports Teams and Event Managers
Merger and acquisition
- Arch Insurance Acquires Allianz's U.S. Entertainment Insurance Business: In August 2024, Arch Insurance to North America completed its acquisition of Midcorp and Entertainment and Midcorp insurance business, integrating approximately 500 employees and improving their intermediate market offers.
- Ryan Speciality Acquires EverSports & Entertainment Insurance Assets: In October 2024, Ryan Speciality acquired certain assets from Eversports & Entertainment Insurance, a general management, leisure, and entertainment risk-managing subscriber, to reinforce its living risk division.
- Doxa Insurance Holdings Acquires R.V. Nuccio & Associates: In March 2024, Doxa Insurance Holdings expanded to the event insurance sector, acquiring R.V. Nuccio & Associates, a general management agent focused on coverage related to events for the entertainment, sports and non-profit sectors.
Analyst Comment
The entertainment insurance market is undergoing constant growth, driven by the growing complexity and value of productions and events in the entertainment industry. The global market, valued at approximately US $3.2 billion by 2023, is expected to reach about US $5.8 billion by 2033. This growth is fuelled by increased production budgets, the proliferation of transmission platforms and increased sector stakeholders on financial risks associated with failures, such as production delays, equipment, and financial lists associated with circumstances. Currently North America and Europe dominate the market, while emerging markets in Asia-Pacific, particularly in India and China, are showing significant potential for expansion due to their flourishing entertainment sectors.
- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Entertainment Insurance- Snapshot
- 2.2 Entertainment Insurance- Segment Snapshot
- 2.3 Entertainment Insurance- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Entertainment Insurance Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Production Insurance
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Staging & Rigging Insurance
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Special Event Insurance
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
- 4.5 Touring Insurance
- 4.5.1 Key market trends, factors driving growth, and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
- 4.6 Others
- 4.6.1 Key market trends, factors driving growth, and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market share analysis by country
5: Entertainment Insurance Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Personal
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Commercial
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
6: Entertainment Insurance Market by Region
- 6.1 Overview
- 6.1.1 Market size and forecast By Region
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 Market size and forecast, by Type
- 6.2.3 Market size and forecast, by Application
- 6.2.4 Market size and forecast, by country
- 6.2.4.1 United States
- 6.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.1.2 Market size and forecast, by Type
- 6.2.4.1.3 Market size and forecast, by Application
- 6.2.4.2 Canada
- 6.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.2.2 Market size and forecast, by Type
- 6.2.4.2.3 Market size and forecast, by Application
- 6.2.4.3 Mexico
- 6.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.3.2 Market size and forecast, by Type
- 6.2.4.3.3 Market size and forecast, by Application
- 6.2.4.1 United States
- 6.3 South America
- 6.3.1 Key trends and opportunities
- 6.3.2 Market size and forecast, by Type
- 6.3.3 Market size and forecast, by Application
- 6.3.4 Market size and forecast, by country
- 6.3.4.1 Brazil
- 6.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.1.2 Market size and forecast, by Type
- 6.3.4.1.3 Market size and forecast, by Application
- 6.3.4.2 Argentina
- 6.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.2.2 Market size and forecast, by Type
- 6.3.4.2.3 Market size and forecast, by Application
- 6.3.4.3 Chile
- 6.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.3.2 Market size and forecast, by Type
- 6.3.4.3.3 Market size and forecast, by Application
- 6.3.4.4 Rest of South America
- 6.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.4.2 Market size and forecast, by Type
- 6.3.4.4.3 Market size and forecast, by Application
- 6.3.4.1 Brazil
- 6.4 Europe
- 6.4.1 Key trends and opportunities
- 6.4.2 Market size and forecast, by Type
- 6.4.3 Market size and forecast, by Application
- 6.4.4 Market size and forecast, by country
- 6.4.4.1 Germany
- 6.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.1.2 Market size and forecast, by Type
- 6.4.4.1.3 Market size and forecast, by Application
- 6.4.4.2 France
- 6.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.2.2 Market size and forecast, by Type
- 6.4.4.2.3 Market size and forecast, by Application
- 6.4.4.3 Italy
- 6.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.3.2 Market size and forecast, by Type
- 6.4.4.3.3 Market size and forecast, by Application
- 6.4.4.4 United Kingdom
- 6.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.4.2 Market size and forecast, by Type
- 6.4.4.4.3 Market size and forecast, by Application
- 6.4.4.5 Benelux
- 6.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.5.2 Market size and forecast, by Type
- 6.4.4.5.3 Market size and forecast, by Application
- 6.4.4.6 Nordics
- 6.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.6.2 Market size and forecast, by Type
- 6.4.4.6.3 Market size and forecast, by Application
- 6.4.4.7 Rest of Europe
- 6.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.7.2 Market size and forecast, by Type
- 6.4.4.7.3 Market size and forecast, by Application
- 6.4.4.1 Germany
- 6.5 Asia Pacific
- 6.5.1 Key trends and opportunities
- 6.5.2 Market size and forecast, by Type
- 6.5.3 Market size and forecast, by Application
- 6.5.4 Market size and forecast, by country
- 6.5.4.1 China
- 6.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.1.2 Market size and forecast, by Type
- 6.5.4.1.3 Market size and forecast, by Application
- 6.5.4.2 Japan
- 6.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.2.2 Market size and forecast, by Type
- 6.5.4.2.3 Market size and forecast, by Application
- 6.5.4.3 India
- 6.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.3.2 Market size and forecast, by Type
- 6.5.4.3.3 Market size and forecast, by Application
- 6.5.4.4 South Korea
- 6.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.4.2 Market size and forecast, by Type
- 6.5.4.4.3 Market size and forecast, by Application
- 6.5.4.5 Australia
- 6.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.5.2 Market size and forecast, by Type
- 6.5.4.5.3 Market size and forecast, by Application
- 6.5.4.6 Southeast Asia
- 6.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.6.2 Market size and forecast, by Type
- 6.5.4.6.3 Market size and forecast, by Application
- 6.5.4.7 Rest of Asia-Pacific
- 6.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.7.2 Market size and forecast, by Type
- 6.5.4.7.3 Market size and forecast, by Application
- 6.5.4.1 China
- 6.6 MEA
- 6.6.1 Key trends and opportunities
- 6.6.2 Market size and forecast, by Type
- 6.6.3 Market size and forecast, by Application
- 6.6.4 Market size and forecast, by country
- 6.6.4.1 Middle East
- 6.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.1.2 Market size and forecast, by Type
- 6.6.4.1.3 Market size and forecast, by Application
- 6.6.4.2 Africa
- 6.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.2.2 Market size and forecast, by Type
- 6.6.4.2.3 Market size and forecast, by Application
- 6.6.4.1 Middle East
- 7.1 Overview
- 7.2 Key Winning Strategies
- 7.3 Top 10 Players: Product Mapping
- 7.4 Competitive Analysis Dashboard
- 7.5 Market Competition Heatmap
- 7.6 Leading Player Positions, 2022
8: Company Profiles
- 8.1 Allen Financial Insurance Group (United States)
- 8.1.1 Company Overview
- 8.1.2 Key Executives
- 8.1.3 Company snapshot
- 8.1.4 Active Business Divisions
- 8.1.5 Product portfolio
- 8.1.6 Business performance
- 8.1.7 Major Strategic Initiatives and Developments
- 8.2 Allianz SE (Germany)
- 8.2.1 Company Overview
- 8.2.2 Key Executives
- 8.2.3 Company snapshot
- 8.2.4 Active Business Divisions
- 8.2.5 Product portfolio
- 8.2.6 Business performance
- 8.2.7 Major Strategic Initiatives and Developments
- 8.3 Axa S.A. (France)
- 8.3.1 Company Overview
- 8.3.2 Key Executives
- 8.3.3 Company snapshot
- 8.3.4 Active Business Divisions
- 8.3.5 Product portfolio
- 8.3.6 Business performance
- 8.3.7 Major Strategic Initiatives and Developments
- 8.4 Chubb Limited (United States)
- 8.4.1 Company Overview
- 8.4.2 Key Executives
- 8.4.3 Company snapshot
- 8.4.4 Active Business Divisions
- 8.4.5 Product portfolio
- 8.4.6 Business performance
- 8.4.7 Major Strategic Initiatives and Developments
- 8.5 Hiscox Ltd. (Bermuda)
- 8.5.1 Company Overview
- 8.5.2 Key Executives
- 8.5.3 Company snapshot
- 8.5.4 Active Business Divisions
- 8.5.5 Product portfolio
- 8.5.6 Business performance
- 8.5.7 Major Strategic Initiatives and Developments
- 8.6 HUB International (United States)
- 8.6.1 Company Overview
- 8.6.2 Key Executives
- 8.6.3 Company snapshot
- 8.6.4 Active Business Divisions
- 8.6.5 Product portfolio
- 8.6.6 Business performance
- 8.6.7 Major Strategic Initiatives and Developments
- 8.7 Intact Financial Corporation (Canada)
- 8.7.1 Company Overview
- 8.7.2 Key Executives
- 8.7.3 Company snapshot
- 8.7.4 Active Business Divisions
- 8.7.5 Product portfolio
- 8.7.6 Business performance
- 8.7.7 Major Strategic Initiatives and Developments
- 8.8 Lockton Companies (United States)
- 8.8.1 Company Overview
- 8.8.2 Key Executives
- 8.8.3 Company snapshot
- 8.8.4 Active Business Divisions
- 8.8.5 Product portfolio
- 8.8.6 Business performance
- 8.8.7 Major Strategic Initiatives and Developments
- 8.9 Next Insurance (United States)
- 8.9.1 Company Overview
- 8.9.2 Key Executives
- 8.9.3 Company snapshot
- 8.9.4 Active Business Divisions
- 8.9.5 Product portfolio
- 8.9.6 Business performance
- 8.9.7 Major Strategic Initiatives and Developments
- 8.10 Truman Van Dyke (United States)
- 8.10.1 Company Overview
- 8.10.2 Key Executives
- 8.10.3 Company snapshot
- 8.10.4 Active Business Divisions
- 8.10.5 Product portfolio
- 8.10.6 Business performance
- 8.10.7 Major Strategic Initiatives and Developments
9: Analyst Perspective and Conclusion
- 9.1 Concluding Recommendations and Analysis
- 9.2 Strategies for Market Potential
Scope of Report
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Report Licenses
Our Team
Frequently Asked Questions (FAQ):
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