London broker G&M International have propelled into 2019 with the launch of ESPORT INSURE, their innovative suite of insurance products which cater exclusively for the growing eSports (electronic sports) industry.
ESPORT INSURE offers, one of the first dedicated eSports Insurance policy for eSports teams and provides teams and organisations with insurance solutions to fit the unique needs of the industry.
Director Philip Wildman said, “Our ground breaking cover protects the eSports teams themselves and the organisations behind them from the wide variety of unique and unexpected risks they can face.
“We have worked really hard to create something we are very proud of and I believe the industry should know this exists.”
Although a niche market, eSports is now a million dollar global industry, where professional competitors play video games whilst being watched by a live audience, and millions more online. The industry which has seen a huge boom over recent years is set to easily exceed $1bn by 2020 as global brands look to take advantage of the popularity via advertising, and sponsorship.
Combining their passion for gaming with 30-years’ experience in the insurance market, G&M International have worked with a number of eSport specialists to determine the key areas that should be protected.
Coverage options for the ‘eSports for teams’ insurance include, Broadcasters & Media Liability, Key Man Insurance, Cyber cover and Safeguard Risk Management.