The OMTF Insurance Scheme

The OMTF Insurance Scheme

The Opera and Music Theatre Forum Insurance Scheme offers preferential rates on La Playa's Arts & Entertainment policies, specialist insurance for the performing arts.

The OMTF has teamed up with specialist insurance broker La Playa to help protect their members from spiralling insurance premiums, inadequate cover and expensive duplications from maintaining multiple non specialist policies.

Members Benefits:

  • Preferential rates for OMTF members on Performing Arts Portfolio
  • Comprehensive cover, tailor-made for the arts
  • A broker who understands your organisation
  • Expert professional advice
  • First class service & claims handling
  • Financial Management

The performing arts, by nature, involve some major implications for insurance, and many non-specialist insurers have fixed (and inaccurate) ideas about the industry. Often they charge high premiums to protect themselves against the perceived high costs of cancellation, temperamental artists, unsociable hours and “high-risk” activities. La Playa has the solution.

Performing Arts Portfolio is exclusively available through La Playa, and is underwritten by global giant Chubb Insurance. The Portfolio has been designed by a broker who understands the arts and can negotiate realistic terms with insurers. It helps avoid expensive duplications by covering multiple risks under a single policy, including:

  • Property: computers, sheet music, audio visual equipment, offices, props, stock and musical instruments
  • Business Interruption: protects income streams during physical and technological disruptions (fire, flood, power & telecommunications failure, prevention of access to venue, failure of safety curtain and lighting)
  • Public, Product & Employers' Liabilities: compensation payments arising from damage to third party property or personal injury (audiences, freelancers, volunteers, merchandise, venues)
  • Money: box office income, per diems, programme/merchandise cash
  • Annual Travel & Touring: trip cancellation, medical expenses, passport replacement, loss of baggage

We can also arrange:

  • Cancellation Insurance 
    Cancellation cover replaces lost revenue and reimburses expenditure incurred from an event which is necessarily and unavoidably postponed, abandoned, cancelled, curtailed or relocated in circumstances beyond your control. For artist managers, it can protect commission income streams for high-earning performers. More >>
  • Cyber Liability Insurance
    Your current insurance coverage may not protect against the special risks that accompany your forays into the online space. Cyber Liability cover can provide protection against the new risks that come with this continually developing technology. More >>
  • Trustee Liability Insurance
    Protecting your Board against allegations of mismanagement or breach of duty. More >>
  • Business Travel
    Worldwide cover for up to 6 months per trip.
  • Professional Indemnity Insurance
    Protects you against allegations of negligence, breach of duty or mismanagement. More >>

Having dealt with several insurers, I am pleasantly amazed by the speed and efficiency of La Playa's work!” Toby C., Academy of Ancient Music

Are you shipshape with the pension regulations?
The Government's new Pension Laws have come into force, and will significantly impact every employer in the UK - even those with a single employee. 

If you're wondering: How much will I have to pay? Are my existing arrangements acceptable? How does this affect my freelance and contract workers? What is "auto-enrolment"? Then get in touch for a FREE initial pension consultation.

Download: Cancellation Insurance

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Glad we've gone with you - service has been really prompt and professional.

D. Oliver, Venue

 

Ready to work with us?

You can call us to talk more about your business on +44 (0)1223 200650 or +44 (0)20 3865 0149

What's Covered?

Monthly Payments
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About La Playa Arts & Entertainment

Specialist & Independent

Specialist & Independent

The arts present a very specific set of risk exposures – and now your digital and online risks can expose you globally. We understand the risks and pressures you face - and we speak your language. We’ll support you with great advice - helping you make good decisions for your organisation.

Our exclusive portfolio policies can help streamline costs, and we’ll always help you stay ahead of the game in managing risk. The show must always go on - insurance isn’t just about processing a claim, it’s about thinking laterally to solve challenges and problems fast.

At La Playa, we’re passionate about the arts and creative industries – many of us are practitioners and active consumers; in fact, La Playa founded the first ever corporate art collective!

In-house IFA

We also offer Business Protection (including Key Person Insurance) and Employee Benefits: a joined up approach with a team of advisers working for your best financial interests - all under one roof

Advice You Can Trust

…from an expert who understands you

  • Specialist insurance for entertainment and the arts
  • Independent professional advice
  • Relationship-based service: right beside you when you make a claim
  • “Can do” culture
  • Seamless insurance across UK and US

Premiums start from £550 inclusive of IPT

Photo from Arts & Entertainment
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Tracey McCreath ACII

DIRECTOR, MEDIA, ARTS & ENTERTAINMENT

Direct Dial: +44 (0) 1223 200655

Email: tracey.mccreath@laplayainsurance.com

Twitter: @TraceyatLaPlaya

London
+44 (0) 20 3865 0149
Cambridge
+44 (0) 1223 200650
New York
+1 646 665 7737