All I need is a certificate of insurance…

All I need is a Certificate of Insurance

Event producers have been saying this for years now, purchasing insurance because someone required them to show proof of insurance for an event.  Well let’s take a look at the exposures that an Event Producer might have.

First, the producer is a business broker of sorts.  You are contacted to provide some sort of entertainment for a corporate event.  The client will rely on your professional knowledge to find the correct fit and to handle all the details to get that entertainment to the event.  You charge a fee for doing this.  You will handle everything from the contract, booking flights and transportation, hotel, staging, lights, props, etc.  You are paid the contract amount, and then you pay the entertainment and sub contractors from the proceeds.  Your income is what is left. Continue reading “All I need is a certificate of insurance…”