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In the Cannes

Posted by Scott Nicolaides, Executive Director of Entertainment Bonds at ProSight Specialty Insurance on 13 May 2014 | 0 Comments

This month the city of Cannes, France, is playing host to the world’s most famous film festival for the 67th consecutive year, and ProSight Specialty® Insurance (ProSight) will be on hand to celebrate the world of movies. But we’re not just going as fans: we’ll be there to showcase our COMPLETE® product because a film that we helped get made on time and on budget – the animated feature The Prophet, starring Salma Hayek and Liam Neeson – will be screening at Cannes on Friday, May 17. 

The Prophet, Inspired by the classic book by Kahlil Gibran, is an animated feature film with several "chapters" from animation directors from around the world. The film’s director, Roger Allers (The Lion King (1994) and Open Season (2006), was responsible for the framing story that brought all the chapters together. As a result, this was a truly global production, which can often lead to long delays as the producers wait for bonds and coverages to come through in every country. Our COMPLETE® product combines the completion bond and insurance phases into one stage, dramatically reducing the time it takes production companies to get the coverage they need to make a successful film. And our global expertise allowed The Prophet to get into production quickly and be completed on time.

According to Hayek, "ProSight worked closely with us to find creative solutions to our production challenges." Producer Clark Peterson added, "They have been amazing partners throughout our production."

ProSight is rapidly becoming an insurer of choice for the film and television industries, which is why we dedicate significant resources to attending the world's top festivals. Plus, we’re the only company in the world to offer film insurance and completion bond in one seamless product, all under one roof. 

To learn more about our film insurance products and COMPLETE®, or to meet up with us in Cannes, please contact me at snicolaides@prosightspecialty.com.

Lauren Brascetta
Other articles by: Lauren Brascetta
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