The entertainment and events industry encompasses a wide range of activities, including concerts, festivals, film production, theatre, sports events etc.
In the entertainment sector, Indian film industry such as Bollywood, Tollywood etc. are major contributors as India is one of the largest film producers in the world. In the sports events industry, cricket holds a dominant position, with the Indian Premier League (IPL) being one of the most lucrative and popular cricket leagues globally. Other sports like football, kabaddi, and badminton have also witnessed growing interest and investment in recent years, with the establishment of professional leagues and tournaments. Overall, the entertainment and sports events industry in India presents significant opportunities for growth, driven by technological advancements, increasing consumer demand, and strategic partnerships with international stakeholders.
The media and entertainment industry has never been larger or more complex, encompassing high degrees of risk, unpredictability, and potential liability. PCIS understands the unique needs of this industry and handled several claims for various stakeholders including production partners, financing partners, property & rentals agents, sports channels etc. under their respective insurance policies.
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