JERSEY CITY, N.J.--(BUSINESS WIRE)--ANV Global Services, a leading specialty risks Managing General Underwriter (MGU) and an AmTrust Financial Services, Inc. company, today introduced a new Media and Entertainment Liability Coverage in the United States. The state-of-the-art comprehensive policy covers professional liability exposures including robust cyber coverage with first- and third-party enhancements through a single carrier.
ANV’s new policy is wholesale only, with available limits up to $5 million. Target risks include publishers, advertisers, influencers, broadcasters, satellite distribution, film producers, websites, live streaming, social news aggregators, bloggers, YouTube channels and virtual reality, as well as one-of-a-kind risks.
The broad range of coverage includes Duty to Defend, Personal Injury Torts, Copyright & Trademark, Contextual E&O cover, Declaratory Judgment Actions and Fair Use, as well as Subpoena Defense and Mitigation Expense.
The new product will be led by Mary Schust, a media liability thought leader and senior executive who recently joined ANV. Schust was most recently Head of Media & Entertainment Liability for CapSpecialty. Previously, in a career spanning more than three decades with AXIS Insurance, Schust rose to the level of Senior Vice President and Chief Underwriting Officer and became well-known and highly respected in industry circles for underwriting, managing, and marketing E&O insurance products. Schust will be joined by Andrea Taylor, Vice President, ANV Media, an industry veteran experienced in underwriting Media E&O, Cyber and other Professional Liability lines at Chubb for 15 years. Taylor was most recently with QBE North America where she oversaw the national account size media book as well as a team of Media, Cyber and Professional Liability underwriters.
“Digital media liability exposures have grown as a major concern for both traditional media and non-traditional businesses,” said James Pittinger, President of ANV. “Our new product was designed by experienced thought leaders who have created, developed and expanded Media and Entertainment liability products for decades.”
“I am delighted to join ANV to introduce what I believe may be the most comprehensive media liability policy available in the United States,” said Schust. “This program is the product of many years of E&O experience and best practices in our industry.”
In addition to Media, Film and Entertainment liability, the new ANV product highlights Cyber coverage developed specifically for media companies, as well as Professional & Technology Services E&O that cover ancillary services performed by media entities.
About ANV Global Services
ANV Global Services Inc. is part of ANV Global Services Ltd., a specialty Managing General Underwriter (MGU) focused on professional lines in Europe and the United States with offices in London, Jersey City and Barcelona. ANV is owned by AmTrust Financial Services, Inc. (AFSI). For more information about ANV, visit https://anv.eu.com/.
About AmTrust Financial Services, Inc.
AmTrust Financial Services, Inc., a multinational insurance holding company headquartered in New York, offers specialty property and casualty insurance products, including workers' compensation, business owner's policy (BOP), general liability and extended service and warranty coverage. For more information about AmTrust, visit www.amtrustfinancial.com.