The ABO Insurance Scheme
The ABO Insurance Scheme offers preferential rates and 10% “no claims rebate” on La Playa's Performing Arts Portfolio, a specialist policy for orchestras. Insurance can be obtained from as little as £530 including insurance premium tax.
The Association of British Orchestras has teamed up with specialist insurance broker La Playa to help protect orchestras from spiralling insurance premiums, inadequate cover and expensive duplications from maintaining multiple nonspecialist policies.
ABO Insurance Scheme benefits:
- Preferential rates for ABO members
- 10% “no claims rebate” on Performing Arts Portfolio
- Comprehensive cover, tailor-made for orchestras
- A broker who understands your organisation
- Expert professional advice
- First class service & claims handling
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.
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 orchestras 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, office and music equipment, 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, sound & lighting, seating)
- Public, Product & Employers' Liabilities: covers 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: cover against financial loss as a result of cancellation, abandonment, postponement or re-scheduling of an event
- Trustee Liability/Directors' & Officers' Liability: protection for alleged mismanagement of the organisation
- Professional Liabilities: helping to defend you against allegations of libel, slander, infringement of copyright, breach of confidentiality
"La Playa has an excellent understanding of the orchestral business and operates as a business partner, not just an insurance service. I wouldn't hesitate to recommend them, a great team" Britten Sinfonia
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Paula Hawthorne ACII
Head of Performing Arts
paula.hawthorne@laplayainsurance.com
 | Talk to me on 01223 200654 |
 | Download Performing Arts Portfolio ABO |
Testimonial
“On-stop shop for all insurance, and were very helpful when we had to make a claim a few years ago.”
Jo T, Orchestra
