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Tangram Insurance Services, one of the largest independently managed general underwriters and program managers in the United States, has announced the acquisition of Los Angeles-based New Empire Entertainment Insurance.
Focused on the entertainment industry, New Empire has helped thousands of production companies and independent producers protect their work.
“We are very excited about the New Empire team working with Tangram,” said New Empire CEO James Bekhor. “Tangram’s relationships, innovation and experience will accelerate New Empire’s overall programming offering and commitment to the entertainment industry.”
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Rekha Skantharaja, President and CEO of Tangram Insurance Services, said: “I am delighted to have the New Empire team join our family of specialist projects. “As Tangram has grown by leaps and bounds, we seek projects and team. The entertainment industry has emerged from the challenges of the past two years and continues to show resilience and opportunity.
“We are excited to provide insurance solutions to businesses and individuals producing films, music and special events. I am especially proud that our independent and entrepreneurial culture continues to resonate with our peers in the industry.”
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