SpottedRisk

📍 Boston, United States🗓 Founded 2018👥 9 employees💰 Last funded Apr 2016
Spotted Media develops and markets highly profitable, proprietary insurance solutions for the entertainment industry. Spotted’s unique approach to assessing and pricing Film & TV risk led Insurance Journal and Insurance Insider to name Spotted “a new kind of specialty underwriter” and “an underwriter that uses newer and advanced risk assessment methods.” SpottedRisk is a specialty Film & TV MGA that launched in 2019, leveraging Spotted Media’s company’s origins as an analytics provider to the Media & Entertainment space. A core Spotted strength is the ability to quickly develop new, unique insurance products to address emerging risks. When future exposures inevitably arise, Spotted will capture increased market share through its nimble, solutions-oriented approach. SpottedRisk deploys internally-developed technology to identify market dislocations and then utilizes a blended team of data scientists and senior entertainment underwriters to analyze the risk, develop insurance products, and bring those products to market. In 2020, Spotted purchased Media Guarantors, a leading completion bond company focused on the Film space, from leading entertainment payroll provider Cast & Crew. Similar to a construction bond, a Film bond guarantees the project will be completed on time, within budget and to the technical specifications of each of the production's distributors. Media Guarantors is the only bond company globally to be able to issue a "clean bond" without any Covid or communicable disease exclusions. Executives include the prior Head of Global Production from Miramax, the Head of Global Production from DreamWorks, and the VP of Production from Disney. Media Guarantors bonded One Thousand and One, the Grand Jury Prize winner at Sundance, January 2023.
3
Total investors
3
Early stage
0
Mid stage
0
Late stage
2018
Founded
Investor geography1 country
United States
3
Frequently asked questions
Who invested in SpottedRisk?
SpottedRisk has 3 investors on record on gritt.io, including 3 early-stage backers.
When did SpottedRisk last raise funding?
The most recent investment in SpottedRisk recorded on gritt.io was in April 2016.
When was SpottedRisk founded?
SpottedRisk was founded in 2018.
What industry is SpottedRisk in?
SpottedRisk operates in Insurance. Find similar Insurance investors on gritt.io.
Where is SpottedRisk based?
SpottedRisk is headquartered in Boston, United States.