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
- 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.
- All capacity providers are at least A rated.
- USD £7,500,000
- GBP £5,000,000