The UK film industry is a major contributor to the country's economy, with a turnover of £7.9 billion in 2019.

As with any business, the film industry is exposed to a range of risks that can have significant financial consequences. It is therefore essential that film producers have insurance in place to protect against potential losses.

One key area of risk in the film industry is production. Filming can be disrupted or even halted due to a variety of unforeseen circumstances, such as adverse weather, accidents, and illness. Film production insurance can cover these types of risks, providing financial protection if a production is delayed or abandoned.

Another important type of insurance for the film industry is liability cover. This can protect against claims made against the production company for injury or damage caused to third parties during filming. For example, if a member of the public is injured on set, or if a location is damaged during filming, liability insurance can provide financial protection against the cost of any claims made.

In addition to production and liability insurance, there are other types of insurance that may be relevant for the film industry. For example, equipment insurance can cover the cost of replacing or repairing expensive film equipment in the event of damage or loss. Cast insurance can also be important, protecting against the financial impact of an actor or actress being unable to complete their role due to injury or illness.

As with any insurance, it is important to carefully consider the specific risks faced by a film production and ensure that the appropriate cover is in place. This can help to safeguard against the financial consequences of any unexpected events and ensure that a film production can be completed successfully.