02/19/2025
Reel Media’s Live Event Insurance protects Fire Aid, NER wins major insurance award, and More
We know you need the latest buzz in the insurance realm, and as always, we’ve got you covered! When innovation meets community impact, extraordinary things happen. Reel Media’s swift action with live event insurance and New Energy Risk’s groundbreaking Biomass Feedstock Supply Insurance earned them the prestigious InnSure Innovation Prize.
Aid for Fire Aid
Reel Media came through for Fire Aid LA, a charity event aimed at helping those affected by the Southern California fires. With only a short time to organize an insurance solution, their Live Events team worked to make sure a solution was delivered. The event, hosted at The KIA Forum and The Intuit Dome, brought together artists, fans, and volunteers to show support and raise hope for those in need.
Thanks to the efforts of their team members, along with their industry partners, they provided the coverage needed for such a large-scale gathering. Reel Media wasn’t just offering a service—they supported the connection that events like Fire Aid LA represent. Read more here.
New Energy Risk awarded by InnSure
Ecostrat and New Energy Risk have been honored with the InnSure Insurance Innovation Prize for their groundbreaking work on Biomass Feedstock Supply Insurance (FSI). This innovative solution mitigates supply chain risks in biomass projects, making it easier for developers to secure financing and scale up bioenergy initiatives.
This recognition underscores the duo’s commitment to advancing bioeconomy projects and supporting the energy transition. The award highlights the importance of creative insurance tools in tackling climate challenges and unlocking new investment opportunities in renewable energy.
Doomsday is Nigh
We’re careening closer than ever before to an apocalyptic scenario — at least according to the Bulletin of the Atomic Scientists, which just inched the Doomsday Clock forward to 89 seconds to midnight. Their reasoning? Nuclear tensions, climate change, AI risks and misinformation (to name just a few) are accelerating existential threats faster than world leaders can manage them.
RTO? How about Hybrid
Hybrid work still rules, according to a report from Insurance Insider, but the tide is shifting toward more in-office days, especially for market-facing roles. While most firms avoid strict mandates, “soft pressure” is certainly nudging attendance up to three or four days a week.
Global Trade ReMarks
Peak Re pointed to the second Donald Trump presidency, the ongoing conflicts in Ukraine and the Middle East and tense global trade relationships as playing the most significant roles in influencing economic trends in what’s promising to be a volatile year ahead.
Reel Media Revamp
Reel Media’s website launched showing off an impressive showcase of coverages across the entertainment business. More than film and TV, Reel Media’s new site highlights their expertise in sports, leisure, and contingency practices.
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