Entertainment Insurance Market Report 2026

The entertainment insurance market size has grown rapidly in recent years. It will grow from $4.31 billion in 2025 to $4.79 billion in 2026 at a compound annual growth rate (CAGR) of 11%. The growth in the historic period can be attributed to increasing scale of live entertainment events, growth of film and media production activities, rising litigation risks in entertainment businesses, expansion of professional liability awareness, increasing insurance penetration among entertainers.

The entertainment insurance market size is expected to see rapid growth in the next few years. It will grow to $7.07 billion in 2030 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to growing frequency of large-scale live events, rising adoption of digital content production, increasing demand for specialized liability products, expansion of global entertainment markets, growing focus on comprehensive risk mitigation strategies. Major trends in the forecast period include increasing demand for event cancellation coverage, rising adoption of customized insurance packages, growing focus on cyber and digital media liability, expansion of coverage for live and virtual events, enhanced risk assessment for high-value productions.

The expanding entertainment industry is anticipated to drive the growth of the entertainment insurance market in the coming years. The entertainment sector includes areas such as film, television, music, theater, and live events, all of which create content and experiences for public enjoyment. This growth is fueled by technological innovations, rising consumer demand for varied content, and the proliferation of digital platforms. Entertainment insurance helps manage financial risks, ensuring stability and continuity in productions and events, thereby supporting the development of the entertainment industry. For example, in April 2025, a report by the Bureau of Economic Analysis (BEA), a US-based federal statistical agency, indicated that arts and cultural economic activity, adjusted for inflation, increased by 6.6% in 2023, following a 3.8% rise in 2022. Consequently, the growth of the entertainment industry is driving the expansion of the entertainment insurance market.

Leading companies in the entertainment insurance sector are focusing on innovative approaches, such as next-generation insurance solutions, to meet the evolving needs and risks of the entertainment industry. These advanced insurance products integrate innovative policies and technologies to enhance coverage, improve risk management, and enhance client satisfaction. For instance, in May 2024, Galway Holdings LP launched GalwayPlus Sports + Entertainment, a comprehensive platform designed to centralize services for clients in sports, entertainment, and media sectors within the Galway enterprise. This initiative represents a significant advancement in entertainment insurance, offering integrated wealth management, insurance, and financial services tailored to the specific requirements of sports and entertainment clients.

In October 2024, Ryan Specialty Group, a US-based insurance and risk management company, acquired select assets of EverSports Entertainment Insurance for an undisclosed sum. Through this acquisition, Ryan Specialty intends to broaden its sports and entertainment insurance portfolio, improve underwriting capabilities, and reinforce its position in specialized event-focused insurance markets. EverSports Entertainment Insurance is a US-based insurer providing coverage solutions for sports and entertainment events.

Major companies operating in the entertainment insurance market are Allianz, AXA XL, Chubb, Hiscox, Tokio Marine HCC, Everest Group Ltd, The Hartford, Marsh LLC, Gallagher, HUB International, Ryan Specialty, Insurance Canopy, Higginbotham, OneBeacon Insurance Group, Coaction Specialty Insurance Group Inc, Zensurance, Front Row Insurance Brokers Inc, Integro Insurance Brokers Limited, MFE Insurance Broker, Allen Financial Insurance Group Inc.

North America was the largest region in the entertainment insurance market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the entertainment insurance market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the entertainment insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The entertainment insurance market includes revenues earned by component sales, services, subscription models, partnerships, and alliances. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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