Acquisition and Development Insurance
Acquisition & Development Errors & Omissions Coverage (A&D E&O) protects writers and creators from E&O claims when a project sold to a studio or production company is in development.
When a project is sold to the studio or production company, the contract typically contains “Representations & Warranties” and “Hold Harmless” language. This language is meant to guarantee that the project is free and clear of any third-party copyright infringement. The client guarantees they are the project writer/creator. A&D E&O Coverage protects them from exposure due to indemnity language. It is meant to protect the development and ownership entity.
If a claim arises, the producer’s E&O policy purchased by the studio or production company may not respond to this type of allegation.
A&D E&O Coverage can also be enhanced to include personal appearances, social media and library coverage.
- Copyright/trademark infringement
- Misappropriation of content
- Third-party trademark/copyrighted license breach
- Breach of confidentiality
- Invasion of personal privacy
HUB Entertainment Industry Solutions is your risk solutions partner for the entertainment industry. As expert advisors, HUB is able to leverage industry knowledge and risk specific coverage for film & TV production, music & touring, live events, theatre, venues, video gaming and business management.
Contact a HUB Entertainment Expert today.