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Even Better, Offer Them A Discount For Referring Clients To You.
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Motorsports is among the most popular and fastest growing spectator sports in the United States, and we are pleased to be adding this product to our entertainment portfolio, with an eye toward other regions in the near future, stated Lauren Bailey, Global Head of Entertainment at AGCS. As we have insured countless productions and top-grossing entertainment and sporting events, this expansion makes perfect sense, given our history and expertise in the industry. The global AGCS Entertainment arm was formed in January of 2015 after the integration of the commercial insurance business of the Firemans Fund (FFIC) into AGCS. For decades, FFICs entertainment business has enjoyed a strong reputation as a market leader in North America and is now supported by AGCSs extensive global network, technical expertise and comprehensive product portfolio. In the U.S., motorsports draw an annual attendance estimated at more than 15 million. As these events are heavily promoted and designed to maximize entertainment value, they involve a variety of supporting engagements, including secondary races, qualifying time trials, auto launch parties, celebrity driver appearances and related broadcast and media activity. We are thrilled to be partnering with Allianz on this dynamic new chapter, expanding on their renowned industry reputation, reach and expertise, stated Jerid Schmickle, Managing Director at Alive Risk. Our experienced team, led by Tim Troester, has a passion for competition which drives us to deliver world-class products for motorsports teams, tracks and facilities. About Allianz Global Corporate & Specialty Allianz Global Corporate & Specialty (AGCS) is the Allianz Group's dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl.
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