Overview

This standard is about collating information and assessing and preparing insurance claims against cover arranged for the production. Losses to the production could have serious cost implications to it and you are required to assess the extent of the cost or logistical implications of losses. Losses could relate to cast, contributors and crew becoming ill and unable to work, theft or breakdown of equipment or facilities and locations being unavailable.

As well as identifying the implications of these losses you are also expected to prepare insurance documentation and submit claims to insurers.

 

Performance criteria

You must be able to:

  1. Identify and validate information and evidence to support insurance claims from internal and external sources
  2. Assess the impact to specific budgets of losses that occur on the production
  3. Assess the impact on the production schedule where losses affect the production’s ability to complete within timescales
  4. Evaluate the financial implications of any losses to the production’s overall budget
  5. Assess the basis of potential for claims against specific insurances to cover losses affecting the production
  6. Identify any liabilities that the production is potentially unable to offset through claims against insurance cover
  7. complete insurance claim forms and present them to the relevant organisation within required timescales
  8. Prepare and present cost and other information to support claims against identified cover of insurance claims
  9. Provide a clear rationale for claims to insurers where required
  10. Discuss implications of insurance claims with relevant people

 

Knowledge Criteria

You need to know and understand:

  1. How to collate the information to complete the claim
  2. The losses that have impacted on the production’s budget
  3. How the production schedule is affected by identified losses
  4. The cover that the production has and the key clauses that are affected by any claims
  5. The documentation that must be completed for insurance claims
  6. The different phases of production that can be affected including, pre-production, production and post-production
  7. The relevant people to report to for example, the producer, funder or completion guarantor
  8. The organisations who are involved with the claim for example the insurance underwriters and insurance broker
  9. The typical losses that may occur on a production and the impact these have on budgets
  10. The implications of re-imbursement for losses at later stages of the production or for losses post completion