Workplace Insurance Blog — Front Row Insurance

Image: Shutterstock

Front Row's online workplace insurance policy for casting agencies.

Being 100% online confers many benefits, including:

• Time savings: quote and buy office insurance in just ~5 minutes on your phone, tablet or laptop.
• Dollar savings: no underwriter means the cost to provide a policy for your office is more cost efficient, allowing us to pass the savings onto you in the form of a less expensive policy.
• No need to discuss, print, sign, scan or fax anything.
• More environmentally friendly (paperless).

What is business insurance, exactly?

Business insurance (or office insurance / workplace insurance) allows agency owners to know that their business is protected if they ever suffer a covered loss. Owners of casting and talent agencies should be aware that when they rent office space to conduct business, they open themselves up to a variety of risks.

The cost to transfer that risk to insurance is low compared to the expense of an actual office: theft, fire, client slip & fall.

Let's look at some examples of casting and talent agency issues:

Talent agency computer theft

In 2018, thieves broke into a well-known actor's talent agency and stole three Apple computers.

Under Front Row's workplace insurance policy, all office equipment would have full replacement cost coverage – up to the policy limit – for theft, damage, fire.

Crime coverage can be added onto any office insurance policy. This coverage extends to crime losses that are not insured under the basic office policy. Briefly described, commercial crime insurance covers: money, securities and other property against a variety of criminal acts, such as employee theft, robbery, forgery, and computer fraud.

Casting/talent agency fire

An example of an office insurance claim that could happen at a casting or talent agency would be if a fire broke out in the agency's building, causing damage to the office space and equipment.

Front Row’s workplace insurance policy includes Tenants Legal Liability (TLL), which covers you (the insured) for legal liability in cases where the tenant causes damage to the rented property. If you rent a portion of an office in a building and you have a fire, then your TLL will cover the damages to the area you occupy.

Casting/talent agency actor injury

If an actor visiting your casting agency trips and falls over an electrical cord on the floor, for example, and injures themselves, they may sue your agency for compensation.

Front Row’s workplace insurance policy includes Commercial General Liability, which is coverage designed to protect against all sums that the insured shall become legally obligated to pay for bodily injury, property damage or personal injury to third parties arising out of your business operations. It includes the cost of a lawyer to defend you.

How can workplace insurance/office insurance help talent agencies?

Protect your equipment: What if your agency computers and office supplies are stolen or damaged in some way, such as in a fire? Under Front Row's office insurance policy, all your office equipment has full replacement cost coverage for theft, damage, and fire.

Protect your agency in case of a lawsuit: Commercial General Liability coverage is designed to protect against sums that you may become obligated to pay for bodily injury or property damage to third parties arising out of your business operations.

Obtain a fast online quote and buy a policy online in just ~5 minutes, 24/7:

About: Front Row Insurance Brokers Inc. is an independent insurance broker that provides online workplace insurance for a very low cost, available to quote and buy online 24/7 in just 5 minutes. Should a claim occur, Front Row works diligently with clients and insurers to expedite payment of claims. Front Row has offices in Vancouver, Toronto, Montreal, Calgary and Halifax.

Related:

• Cast Insurance (Film Production Insurance)
• What is an Example of a Cast Insurance Claim?

Citations:

https://heysocal.com/2022/09/02/talent-agency-settles-breach-theft-lawsuit-against-ex-employee/  https://observer.com/2018/03/innovative-artists-data-breach-equifax/

DISCLAIMER: Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. Consult the actual policy or your broker for details regarding terms, conditions, coverage, exclusions, products, services and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products or services. This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Photo source: Shutterstock

Front Row's online workplace insurance policy.

Being 100% online confers many benefits, including:

• Time savings: quote and buy office insurance in just ~5 minutes on your phone, tablet or laptop.
• Dollar savings: no underwriter means the cost to provide a policy for your office is more cost efficient, allowing us to pass the savings onto you in the form of a less expensive policy.
• No need to discuss, print, sign, scan or fax anything.
• More environmentally friendly (paperless).
• Includes a free certificate to give to your landlord to satisfy your lease requirement to prove that you have insurance.

What is business insurance, exactly?

Business insurance (or office insurance / workplace insurance) allows agency owners to know that their business is protected if they ever suffer a covered loss. Owners of advertising and digital marketing agencies should be aware that when they rent office space to conduct business, they open themselves up to a variety of risks.

The cost to transfer that risk to insurance is low compared to the expense of an actual office: theft, fire, client slip & fall.

Let's look at some examples of advertising and digital marketing agency accidents:

Ad agency burglary

Ad agencies are often targeted by burglars: one agency suffered $800,000 in losses when burglars broke in and stole their computers and other equipment. Another agency was victim to a smash-and-grab in which the burglar threw a rock through its office door, broke in and stole valuable office equipment, including a 42-inch flat-screen television.

Under Front Row's workplace insurance policy, all office equipment would have full replacement cost coverage – up to the policy limit – for theft, damage, fire.

Crime coverage can be added onto any office insurance policy. This coverage extends to crime losses that are not insured under the basic office policy. Briefly described, commercial crime insurance covers:  money, securities and other property against a variety of criminal acts, such as employee theft, robbery, forgery, and computer fraud.

Ad agency fire

One of the world’s biggest and most renowned ad agencies once suffered a major fire at its headquarters that destroyed the majority of the office.

Front Row’s workplace insurance policy includes Tenants Legal Liability (TLL), which covers you (the insured) for legal liability in cases where the tenant causes damage to the rented property. If you rent a portion of an office in a building and you have a fire, then your TLL will cover the damages to the area you occupy.

Ad agency slip & fall

It is entirely conceivable that, when they come over to view a presentation, one of your agency’s clients might slip on a spilled coffee on the hardwood floor and badly roll their ankle. This client may decide to sue the agency for damages.

Front Row’s workplace insurance policy includes Commercial General Liability, which is coverage designed to protect against all sums that the insured shall become legally obligated to pay for bodily injury, property damage or personal injury to third parties arising out of your business operations. It includes the cost of a lawyer to defend you.

How can workplace insurance/office insurance help ad agencies?

Protect your equipment: What if your agency computers and office supplies are stolen or damaged in some way, such as in a fire? Under Front Row's office insurance policy, all your office equipment has full replacement cost coverage for theft, damage, and fire.

Protect your agency in case of a lawsuit: Commercial General Liability coverage is designed to protect against sums that you may become obligated to pay for bodily injury or property damage to third parties arising out of your business operations.

Obtain a fast online quote and buy a policy online in just ~5 minutes, 24/7:

About: Front Row Insurance Brokers Inc. is an independent insurance broker that provides online workplace insurance for a very low cost, available to quote and buy online 24/7 in just 5 minutes. Should a claim occur, Front Row works diligently with clients and insurers to expedite payment of claims. Front Row has offices in Vancouver, Toronto, Montreal, Calgary and Halifax.

Related:

Insurance for Advertising Agencies in Canada | Ad Agency Insurance

Studio Insurance for GDC Members

Citations:

https://www.latimes.com/archives/la-xpm-1996-02-23-mn-39185-story.html 

https://www.nytimes.com/2013/07/30/business/media/merger-as-a-career-capstone-for-the-chief-of-publicis.html 

DISCLAIMER: Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. Consult the actual policy or your broker for details regarding terms, conditions, coverage, exclusions, products, services and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products or services. This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Source: Royalty-free stock photo ID: 1753358087, Shutterstock

Front Row's workplace insurance policy.

Being 100% online confers many benefits, including:

• Time savings: quote and buy office insurance in just ~5 minutes on your phone, tablet or laptop.
• Dollar savings: no underwriter means the cost to provide a policy for your office is more cost efficient, allowing us to pass the savings onto you in the form of a less expensive policy.
• No need to discuss, print, sign, scan or fax anything.
• More environmentally friendly (paperless).

What is business insurance, exactly?

Business insurance (or office insurance / workplace insurance) allows you to know that your business is protected if you ever suffer a covered loss. As a film producer with an office, you are at risk. During development – when you are not covered by a production policy, an office policy is necessary. The cost to transfer the risk to insurance is low compared to the expense of an actual office theft, fire, or client slip & fall. Let's look at some examples of film production company accidents:

Film production company robbery (2019)

A documentary film production company was robbed in 2019. Thieves drilled a hole in an office door to break in and steal seven computers, multiple hard drives, high-end headphones, a DVD player and other production equipment. The hard drives contained years’ worth of priceless footage.

Under Front Row's workplace insurance policy, all office equipment would have full replacement cost coverage – up to the policy limit – for theft, damage, fire.

Crime coverage can be added onto any office insurance policy. This coverage extends to crime losses that are not insured under the basic office policy. Briefly described, commercial crime insurance covers:  money, securities and other property against a variety of criminal acts, such as employee theft, robbery, forgery, and computer fraud. 

Film production company fire 🔥 (2005)

In 2005, a film production company’s office was destroyed in a fire. Staff managed to salvage some records and equipment from the rubble.

Under Front Row's workplace insurance policy, office records would have data recovery funds and valuable papers protection available to recreate the lost information. Valuable Papers coverage provides for the cost to reproduce documents and records including film, tape, disc or other magnetic recordings.

Vancouver film production co. fire 🔥 (2000)

In 2000, a three-alarm blaze destroyed the production offices leased by a Vancouver-based film production company. The fire consumed their corporate offices.

Under Front Row's workplace insurance policy, all office equipment would have full replacement cost coverage for: theft, damage, fire.

Tenants Legal Liability (TLL) covers you (the insured) for legal liability in cases where the tenant causes damage to the rented property. If you rent a portion of an office in a building and you have a fire, then your TLL will cover the damages to the area you occupy.

How can workplace insurance/office insurance help film producers?

PROTECT your production company in the case of a lawsuit: Commercial General Liability coverage is designed to protect against sums that you may become obligated to pay for bodily injury or property damage to third parties arising out of your business operations. It includes the cost of a lawyer to defend you.

PROTECT your data from hackers: If you’re a film producer, your livelihood is linked to your computer; you likely have footage, accounting and client personal information on it. If you suffer a hack, your insurance can help you manage the costs associated with the loss. Front Row's office insurance policy includes $10K to cover a hack, at no additional cost.

PROTECT your equipment: What if your laptop was stolen or damaged in some way? Under Front Row's office insurance policy, all your equipment has full replacement cost coverage for theft, damage, and fire.

PROTECT your production company by purchasing Business Insurance online! Obtain a fast online quote and buy a policy online in just ~5 minutes, 24/7:

About: Front Row Insurance Brokers Inc. is an independent insurance broker that provides online workplace insurance for a very low cost, available to quote and buy online 24/7 in just a few minutes (with no minimum premium). Should a claim occur, Front Row works diligently with clients and insurers to expedite payment of claims. Front Row has offices in Vancouver, Toronto, Montreal and Halifax.

Related:

ANNUAL FILM STUDIO INSURANCE FOR FILM PRODUCTION COMPANIES

FILM/VIDEO EDITING OFFICE INSURANCE

ANNUAL OFFICE INSURANCE FOR TV PRODUCTION STUDIOS

OFFICE INSURANCE FOR ANIMATION STUDIOS

Citations:

https://en.wikipedia.org/wiki/Victory_Pictures_Corporation

https://www.abc.net.au/news/2005-05-01/staff-search-through-rubble-after-film-company-fire/1561268

https://www.berkeleyside.com/2019/08/02/burglars-steal-entire-inventory-of-west-berkeley-film-company

DISCLAIMER: Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. Consult the actual policy or your broker for details regarding terms, conditions, coverage, exclusions, products, services and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products or services. This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Source: Royalty-free stock photo ID: 250313509, Shutterstock

What is business insurance?

Business insurance (or office insurance / workplace insurance) allows you to know that your business is protected if you ever suffer a covered loss. As an arts organization or theatre company with an office, there is risk involved in operating your business. The cost to transfer this risk to insurance is low compared to the expense of an actual theft, fire, client slip & fall at your office or other unfortunate incident.

Let's look at some interesting examples of arts organization accidents/incidents...

Edmonton, AB theatre fire 🔥 (2015)

An historic Edmonton, AB theatre built in 1938 was completely destroyed by a fire in 2015. As of 2020, the cause of the fire remains unknown.

Under Front Row's workplace insurance policy, all office equipment would have full replacement cost coverage for theft, damage, fire and loss of use.

Tenants Legal Liability (TLL) covers you (the insured) for legal liability in cases where the tenant causes damage to the rented property. If you rent a portion of an office in a building and you have a fire, then your TLL will cover the damages to the area you occupy.

Canadian arts organization employee theft

A Canadian non-profit arts organization embarked on an exciting capital campaign to renovate their property. The project was funded by various levels of government, corporate and private donors. Working with minimal staff, this non-profit was unable to completely segregate project management duties and funds.

By chance, a staff member questioned an invoice paid to a company. It turned out to be a ‘dummy’ company set up by another employee (managing funds) to siphon money away from the non-profit. Forensic accounting disclosed that multiple payments had been made.

Crime coverage can be added onto any office insurance policy. This coverage extends to crime losses that are typically not insured under a basic office policy. Briefly described, commercial crime insurance covers money, securities and other property against a variety of criminal acts, such as employee theft, robbery, forgery, and computer fraud.

Canadian arts organization cyber hack

A large Canadian theatre serving several arts organizations experienced an unauthorized computer security breach, forcing a shutdown of their system. This prevented the purchase of tickets and the breach presented the risk of unauthorized access to the personally-identifiable information of buyers, employees and contracted performers & artists.

There were losses of revenue and costs associated with protecting their IT systems as well as managing the potential risk of the data being used to exploit the accessed information.

If you suffer a hack, your insurance can help you manage the costs associated with the loss. Front Row's office insurance policy includes $10K to cover a hack, at no additional cost.

How can workplace insurance/office insurance help arts organizations?

PROTECT your arts organization in the case of a lawsuit: Commercial General Liability coverage is designed to protect against those sums that you may become obligated to pay for bodily injury, property damage or personal injury to third parties arising out of your business operations. It includes the cost of legal defense. Note: for more comprehensive legal coverage, consider Legal Expense Insurance.

PROTECT your data: If you’re an arts organization administrator or theatre company artistic director, your livelihood is linked to your computer; you likely have accounting and patron personal information on it.

PROTECT your equipment: What if your laptop was stolen or damaged in some way? Under Front Row's office insurance policy, your equipment has full replacement cost coverage for theft, damage, fire and loss of use.

PROTECT your arts organization by purchasing Business Insurance online! Obtain a fast online quote and buy a policy online in just ~5 minutes, 24/7:

Related:

Dance Studio Insurance (Canada)

Office Insurance for Theatre Companies (Canada)

Citations:

Management Liability Webinar, Feb. 2020, presented by Steve Beatty to Theatre AB

https://www.cbc.ca/news/canada/edmonton/roxy-theatre-gutted-by-tough-old-fire-1.2898924

DISCLAIMER: Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. Consult the actual policy or your broker for details regarding terms, conditions, coverage, exclusions, products, services and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products or services. This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

What is business insurance?

Business insurance (or office insurance / workplace insurance) allows you to know that your business is protected if you ever suffer a covered loss. As a graphic designer with a studio or other office, you are at risk. The cost to transfer the risk to insurance is low compared to the expense of an actual theft, fire or other unfortunate incident.

Do you freelance/work out of a home office? Like many graphic designers, you probably do, but did you know that most homeowners/tenants insurance policies exclude coverage for commercial activities? Another reason to get business insurance.

How can business insurance/office insurance help graphic designers?

PROTECT your graphic design business in the case of a lawsuit: Commercial General Liability coverage is designed to protect against all sums that you may become obligated to pay for bodily injury, property damage or personal injury to third parties arising out of your business operations. It includes the cost of a lawyer to defend you.

PROTECT your data: If you’re a graphic designer, your livelihood is linked to your computer. Not only is your work stored on your computer, you may also have accounting and client information on there. If you suffer a hack, your insurance can help you manage the costs associated with the loss. Front Row's office insurance policy includes $10K to cover a hack, at no additional cost. 

PROTECT your equipment: Any good graphic design business is built around great ideas, but it’s your tools and equipment that bring them to life. What if your laptop was stolen or damaged in some way? Unlike our competitors, under Front Row's office insurance policy, all your equipment has full replacement cost coverage for theft, damage, fire and loss of use.

PROTECT your graphic design business by purchasing Business Insurance online! Obtain a fast online quote and buy a policy online in just ~5 minutes, 24/7:

Related:

Studio Insurance for GDC Members — discount code!

INSURANCE FOR CAD GRAPHIC DESIGNERS IN CANADA

GRAPHIC & UX DESIGNERS OFFICE INSURANCE

DISCLAIMER: Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. Consult the actual policy or your broker for details regarding terms, conditions, coverage, exclusions, products, services and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products or services. This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.