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Communications & Broadcaster Property Insurance

ACE offers global property solutions to address the specific needs of U.S.-based owners and operators of radio and television broadcasting operations, as well as telephone and cellular communications operations. We specialize in high value equipment located in high hazard areas. From mid-sized to large and multinational clients, we have the underwriting, claim management and loss control specialists to provide superior tailored solutions for this segment of the entertainment industry.

Benefits:

  • Highly experienced underwriting and claim staffs
  • Significant capacity for catastrophe exposures, such as earthquake, flood, wind and terrorism
  • Risk control services, performed by licensed engineers, to support an Insured’s risk management program.
  • ACE Global Accounts platform
    • Extensive global network of affiliates and partners providing local country underwriting, servicing and claim handling  in more than 150 countries
    • State-of-the-art WorldviewSM web-based portal for client program management

Coverage:

  • Coverage for variety of radio and television broadcasting property risks, including:
    • Building  and Contents
    • Business Interruption
    • Crime
    • Media Software
    • Mobile Broadcasting Equipment
    • Towers and Antennas
  • Risks of direct physical loss coverage
  • Real property, personal property and liability exposure options
  • Admitted and non-admitted capability based upon account characteristics

Minimums & Limits

Minimum Premium

  • Premium variable based on client, typically no less than $25,000

Deductible

  • Minimum deductibles vary based on type and size of risk, generally $5,000 to $25,000 for non-catastrophic exposures.

Target Client

  • TV and radio owners/operators with broadcasting equipment, including non-profit organizations, commercial broadcasters (network and independent), colleges and universities
  • Network of three or more radio and/or TV broadcast locations
  • Telecommunication firms
  • Tower leasing firms
  • Broadband operations
  • Larger video and film risks