DUBLIN, Dec. 12, 2022 /PRNewswire/ — The “Entertainment Insurance Market By Insurance Type, By Coverages, By Distribution Channel, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering.
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According to this report the entertainment insurance market size was valued at $3.1 billion in 2021, and is estimated to reach $8 billion by 2031, growing at a CAGR of 10.1% from 2022 to 2031.
Like all businesses, those that operate in the entertainment industry need insurance to protect them against financial losses. While they require many of the same coverage as other businesses, entertainment companies face some unique risks that require specialized insurance. Therefore, entertainment insurance typically covers property and casualty risks to productions and live events. It can include physical…