Hard Rock Stadium and the Miami Dolphins football team now officially use risk management services from San Francisco-based EPIC Insurance Brokers & Consultants.
The agreement, which was made public on Thursday, will not result in a field logo, as Shelter Insurance has negotiated with the University of Missouri Tigers football team, or the EPIC patch being placed on Dolphins uniforms, as Starr Insurance has done with the New York Yankees. However, it will increase EPIC’s visibility at Dolphins charity events, such as the Dolphins Cancer Challenge fundraiser and the Dolphins Fins Weekend fishing event in June. The agreement’s terms were kept a secret.
EPIC, a nationwide provider of employee benefits, speciality insurance, and property-casualty coverage, claimed to offer complete insurance and risk management programs to sports and entertainment organisations. This covers property and casualty, workers’ compensation, executive risk insurance, media liability, and cybersecurity for the Dolphins and the stadium.
Effective risk management is crucial to preserving both huge sports teams like the Miami Dolphins and cutting-edge venues like Hard Rock Stadium.
operations and enterprise value,” stated Tod Swanson, EPIC’s practice leader for sports and entertainment, in a press announcement.
According to the company, EPIC, which was established in 2007, has experienced a rapid development trajectory in the last five years, with sales rising from $300 million to over $1 billion. The broking announced this week that it has acquired the 150-year-old Chicago-based company Phillips Bros. Insurance Agency, which specialises in private client and commercial property-casualty coverage, as part of its ongoing development.
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