INDIANAPOLIS, Ind. (Jan. 27, 2015) – Specialty Insurance Group (SIG) and Reel Media, LLC announce the formation of a strategic alliance within the entertainment industry, combining experience and expertise to service Specialty Entertainment Insurance market segments.
The agreement combines the underwriting capabilities of both SIG and Reel Media with the established market activation of Reel Media and the financial strength of SIG and its ultimate parent, Everest Re Group. SIG will adopt a presence in Reel Media’s Burbank, California office as a satellite of SIG’s Indianapolis, Indiana-based corporate headquarters.
“We are all excited for what this new chapter holds for both SIG and Reel Media,” said Lorrie Miller, Senior Vice President, SIG. “I’m confident that together our teams will be capable of advancing the Specialty Entertainment Insurance market segments to a new level of value for our clients.”
The partnership will see SIG fulfill the role of underwriter for the majority of Reel Media’s Specialty Entertainment policies, combining Reel Media’s growing client base with SIG’s superior underwriting capabilities, segment expertise, and the financial stability of its affiliated Everest Re Group insurance carriers (A+, XV rating by A.M. Best), and other A+ rated companies.
“We see our strategic alliance with SIG as a major advantage going forward,” said Yvonne Cordova, President of Entertainment for Reel Media. “This partnership pairs the underwriting, sales and marketing expertise we have here at Reel Media with the underwriting excellence and financial strength of SIG and its insurance A+ carriers. Together, we are confident in offering superior coverages and loss prevention to our clients throughout key market segments.”
For more information on SIG, visit the website at specialtyinsurancegroup.com or contact David Harris, SIG Senior Vice President via email at firstname.lastname@example.org.
Specialty Insurance Group and the Flag Design are registered service marks and the SIG logo is a service mark of Specialty Insurance Group. A Member of Everest Re Group LTD