The new program sets sights beyond the music industry to answer insurance needs in allied fields.
Woodbury, NY… March 16, 2020… SterlingRisk Programs, a division of SterlingRisk Insurance, is capitalizing on SterlingRisk’s already strong market position in the music, entertainment, and sports arenas with the launch of Sterling Select Entertainment Insurance. The new program serves sound and lighting engineers, production companies, dance troupes, trade associations, and other organizations comprised of entertainment industry professionals. The announcement was made by Geraldine DelPrete, President of SterlingRisk Programs.
“For over 20 years, our team has been dedicated to protecting the type of property that is unique to the worlds of entertainment and entertainment services,” she observed. “Though our emphasis has been on meeting the insurance needs of working music professionals, we have forged significant marketplace relationships and are expanding our service offerings to photographers, videographers, theatre companies, broadcasters, and most professional groups working under the entertainment umbrella.”
According to DelPrete, Sterling Select Entertainment Insurance offers insureds unprecedented access to robust, competitively-priced coverage backed by seamless plan administration and expert loss control, all aimed at creating a highly-favorable user experience.
“It’s the same model we employ to such great success with our other specialty programs,” she explains. “People actually become fans. They love that everything is designed for ease-of-reporting through an easy-to-navigate website. We also use strength of numbers to keep premiums lower, since we aggregate professionals into special industry groups. It’s a win-win for everyone involved and we’re honored to expand our offerings to the dedicated men and women who keep today’s entertainment industry so vibrant.”
The new program provides worldwide coverage for all types of equipment used in the entertainment business for losses ranging from theft, accidental breakage and fire to vandalism, water damage, and earthquakes. Premiums begin at $1,500 a year for $150,000 in coverage, with 24/7 self-service options available. Program coverage is being underwritten by “A-rated or better” insurance companies as rated by A.M. Best’s. For more information on Sterling Select Entertainment Insurance, please visit www.SterlingSelectInsurance.com or call 877-427-5415.
About SterlingRisk Programs
SterlingRisk Programs is a leader in creating and administering successful affinity programs for associations and industry groups. Its goal is to be the program administrator of choice by any capital provider in the insurance market and provide a level of service that is nonexistent in the industry via technology and underwriting. Its approach is to fully understand a specific industry and develop focused, pin point insurance programs. For more information, visit www.sterlingriskprograms.com or call 800-767-7837.
Founded in 1932, SterlingRisk employs more than 220 highly skilled insurance professionals, with offices in New York, New Jersey, Connecticut, Florida, and Indiana. Ranked in the nation's top 40 privately owned insurance brokerages, SterlingRisk services regional, national and international clients. The company has significant experience and depth of knowledge in multiple areas, including property and casualty, aviation, environmental, construction, employee benefits consulting, personal lines, risk management, loss control and claims advocacy. For more information, visit www.sterlingrisk.com or call 516-487-0300.
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