Newsworthy
Momentous Insurance Brokerage Forms Strategic Partnership with Doodson Entertainment
Two premier entertainment insurance firms combine forces to deliver enhanced Non Appearance and Event Cancellation insurance solutions to music industry
Van Nuys, CA - July 26, 2010 - Momentous Insurance Brokerage announced a newly formed strategic partnership with Doodson Entertainment, a leading specialist brokerage firm in the UK and the USA, to bring enhanced capability in placing Non-Appearance and Event Cancellation insurance solutions for its clients.
Non-Appearance and Event Cancellation insurance is one of the ways touring artists, concert promoters and event organizers manage financial risk. A wide range of circumstances can prevent a scheduled event from taking place, including severe weather, damage to venue, injury or illness of a performer, and loss of power. Should an event be cancelled, there are likely to be significant expenses to be covered and a potential loss of profit. As the London insurance market is the primary underwriter of cancellation and event coverage in the world, the standing of Doodson Entertainment as a direct Lloyd's of London broker allows it to deliver an unparalleled level of coverage options and unique policy structures. With its expertise in the negotiation of specialty event policies and its highly skilled team of brokers, Doodson Entertainment will work closely with Momentous to ensure its entertainment clients receive the highest level of service and advice in the management of their financial risk relating to a cancellation or postponement of a music tour or special event.
Momentous Insurance Brokerage has established one of the largest music and touring entertainment practices in the United States, and this partnership will strengthen their capabilities in non appearance coverage by expanding their presence in the London marketplace.
"We needed a London partner who understands our clientele and can deliver results," said Diane Brinson, president of Momentous Insurance Brokerage, "and Doodson's 40 years experience and excellent reputation made them a natural choice."
"We are very pleased to be able to work with Momentous to add to their already tremendous scope of client services by providing specialty product knowledge and market access in the area of Non-Appearance and Event Cancellation coverage," says Roger Doodson, CEO of Doodson Insurance Brokerage, LLC, the USA division of Doodson Entertainment, and a widely recognized expert in the field of music and event contingency insurance. "This strategic partnership will provide an integrated solution for Momentous entertainment clients seeking a full compliment of insurance coverage and advice."
About Doodson Entertainment
Established in 1964, Doodson Entertainment, a division of the Doodson Broking Group, has achieved extensive growth and attained an enviable reputation for service, making it one of the leading independent specialist insurance brokers, with offices in both the UK and the USA. Doodson Entertainment is led by CEO Roger Sandau who has more than a decade of professional experience advising music and entertainment clients in the management of financial risk and constructing tailored insurance solutions. He spent several years as an entertainment transactional attorney, specializing in performing artists, producers, record labels, publishing companies and event promoters, prior to entering the insurance field. Roger has held senior and chief executive positions with leading international entertainment insurance brokerage firms and is a key insurance advisor to many of the top-grossing tours, live music promoters, festival producers and event organizers both domestically and internationally.
For more information, please visit www.doodsonus.com or contact Roger Sandau at (410) 630-1250.
About Momentous
Momentous Insurance Brokerage Inc. is a full service company dedicated to providing the highest caliber of insurance and risk management consultation. They specialize in designing insurance programs for High Net Worth individuals, Film and TV productions, Music and Touring companies and artists, Life, Health and Employee Benefits, and Commercial Risks of all varieties.
For more information, please call Michelle Boyer at (818) 933-9865.
