Established at Castel in 2022, Paradiso provides contingency insurance for the sports, leisure, and entertainment industries.

The team provides a range of contingency insurance solutions with 35+ years’ experience between two underwriters, spanning actuarial, underwriting and broking.

Paradiso provides bespoke, high-quality solutions for ‘difficult to sell’ artists, leveraging 20+[LM1]  years’ experience and knowledge of these artists’ medical reports, pre-existing conditions and losses to tailor cover that represents acceptable risk.

They and are a recognised market leader in the music sector and specialise in underwriting festivals and live music across the globe.

Range of Coverage:

  • Event Cancellation – festivals, conferences, trade shows and large sports events
  • Non-Appearance – rock and pop related
  • Film packages
  • Weather
  • Death and disgrace
  • Contractual bonus
  • Prize indemnity
  • Over redemption

Primary Clients, Sectors and Regions:

Paradiso write a portfolio of risks in the USA, UK and Continental Europe.

Capacity Providers

  • All capacity providers are at least A rated.

Maximum Line-Sizes

  • USD £7,500,000
  • GBP £5,000,000

Paradiso Risks