Take1 Insurance

What Take1 Insurance does

Take1 Insurance is a Managing General Agent (MGA) and a division of IGP Specialty (Innovation Growth Partners Specialty, LLC), founded in 1985 and headquartered in Laguna Hills, California. The company provides an all-lines specialty insurance program for the entertainment industry, serving production companies, music industry entities, concert and special event organizers, entertainment venues, radio and television broadcasters, theatrical producers, and entertainment-related professionals such as booking agents and photographers. Coverage spans general liability, auto, property, workers' compensation, inland marine, professional liability, excess/umbrella, plus specialized lines including cast coverage, essential element coverage, props/sets/wardrobe, stunts and pyrotechnics, touring liability, cancellation/non-appearance, and production media coverage, all underwritten by top-tier property and casualty carrier partners.

Distribution runs exclusively through appointed insurance producers and agents who access Take1's programs via IGP Specialty's wholesale platform, making this a wholesale/MGA model rather than a direct-to-consumer offering. Pricing is quote-based with no publicly disclosed schedules, and producer onboarding is managed through IGP Specialty's "Become a Producer" workflow. Take1 generates revenue through insurance premiums and policy administration/underwriting management fees, and is a member and corporate sponsor of the Event Safety Alliance, embedding the brand within the entertainment safety standards community.

The organization is small (1-10 employees per firmographic data) and operates as a single program division within a larger multi-vertical MGA parent, with no disclosed funding rounds, acquisitions, leadership changes, or proprietary technology stack beyond standard MGA infrastructure.

Name

Take1 Insurance

Legal name

Take1 Insurance

Website

https://take1insurance.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1–10 employees

Short description

Take1 Insurance is a Managing General Agent (MGA) and division of IGP Specialty that provides all-lines specialty insurance for the entertainment industry, including film and TV production, music, live events, venues, and theatrical productions, distributed through appointed wholesale insurance producers.

Ownership category

akta.pro rank

Product category

Entertainment Insurance

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industries

Professional Liability (Errors & Omissions) (FSAJADAB), Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH)

Keywords

• Entertainment insurance
• Film production insurance
• Event insurance coverage
• Concert liability insurance
• Broadcast insurance program

Headquarters

HQ city

Laguna Hills

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Premiums: Take1 Insurance generates revenue through insurance premiums collected from policyholders across its entertainment insurance programs. As an MGA, the company administers insurance policies underwritten by carrier partners and earns revenue through policy administration and underwriting management.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Take1 Insurance operates as a Managing General Agent (MGA) and division of IGP Specialty, providing a comprehensive, all-lines insurance program tailored to the live entertainment, film and DICE, sports, and events industries. The company underwrites and administers coverage lines spanning general liability, property, auto, workers' compensation, professional liability, motion picture/TV production, concerts, venues, theatrical, and broadcast risks, backed by top-tier property and casualty carriers.

Product overview

Take1 Insurance is a Managing General Agent (MGA) and division of IGP Specialty, offering a unified all-lines insurance platform for the entertainment industry. The core Take1 Insurance product provides comprehensive coverage spanning multiple segments: General Coverage (liability, auto, property, crime, inland marine, professional liability, workers' compensation, excess/umbrella, active assailant), Motion Picture and Television Productions Coverage, Concerts Coverage, Radio and Television Coverage, Venues Coverage, and Theatrical Coverage. Each coverage line is designed as an integrated component of the overall program, addressing risks from weather disruptions and equipment breakdowns to professional liability and event cancellation.

Differentiator

Problem solved

Functional benefit

Products and services

• Take1 Insurance Entertainment Coverage Program

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Event Safety Alliance (ESA)coreStrategic or Co-development PartnerTake1 Insurance is a proud member and corporate and volunteer sponsor of the Event Safety Alliance (ESA). The partnership supports ESA's mission of promoting safety first throughout all phases of event production and execution through training and planning resources. This alliance positions Take1 as a safety-focused insurance provider in the entertainment industry.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Allianz Entertainment Insurance: Global P&C carrier with a dedicated entertainment and film production practice providing cast, equipment, and production package coverage. Comparable to Take1 as a carrier-side entertainment insurance specialist, though much larger and operating across multiple product lines beyond entertainment.
• Chubb Entertainment Insurance: Major global P&C carrier offering entertainment, film, broadcast, and event cancellation coverage through its specialty practice. Comparable to Take1 in targeting the same entertainment risk classes (film production, broadcasters E&O, equipment), but with broader geographic reach and balance-sheet underwriting rather than MGA distribution.
• Hiscox Insurance: Specialty insurer with a focused entertainment, film, and events practice covering production, equipment, and liability risks. Comparable to Take1 in targeting entertainment professionals and production companies, though Hiscox underwrites directly on its own paper rather than functioning as an MGA.
• Aon Entertainment & Sports Practice: Global insurance broker with a dedicated entertainment, sports, and media practice placing production package, E&O, and event coverage. Comparable to Take1 in serving entertainment clients, but Aon is a generalist mega-broker with vastly broader product breadth and risk advisory services.

Direct peers

• Hub International Entertainment Practice: Large insurance brokerage with a dedicated entertainment and sports practice placing film, TV, music, and live event coverage with carrier partners. Comparable to Take1 in serving entertainment industry insureds through intermediary-led distribution, though Hub operates as a retail broker rather than an MGA.
• Burns & Wilcox: Specialty wholesale brokerage and MGA distributing surplus and specialty lines including entertainment, sports, and event coverage through appointed retail producers. Highly comparable to Take1 as an MGA-style wholesale distributor of hard-to-place entertainment risks.
• RPS (Risk Placement Services) Entertainment: Specialty wholesale brokerage and MGA platform with an entertainment and events practice distributing hard-to-place coverage through retail producers. Comparable to Take1 as a wholesale intermediary for entertainment risks and as part of a broader MGA portfolio model.

Emerging players

• Beazley Entertainment & Film: Specialty Lloyd's carrier offering film production package, entertainment E&O, and event cancellation coverage through select brokers. Comparable to Take1 in the niche entertainment lines it underwrites, though it does so as a carrier on Lloyd's paper rather than via the MGA channel.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/take1-insurance-company-a-member-company-of-u.s.-risk-insurance-group-
• Xx.com/take1insurance
• Facebookfacebook.com/Take1Insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Take1 Insurance