Chubb Supports Student and Emerging Filmmakers Through Key Alliance and Scholarship
WARREN, NJ.- The Chubb Group of Insurance Companies has formed an alliance with the Council on International Nontheatrical Events (CINE) to support student and emerging filmmakers.
As part of the alliance, Chubb established a scholarship for the 2007 and 2008 winners of the CINE Award of Excellence for the Student Division. The scholarship, which included a $1,500 cash award and $2,000 in legal fees to help defray the costs associated with rights clearance, was presented at CINE’s 2008 Awards Ceremony in Washington, D.C.
“Chubb’s alliance with CINE and the student filmmaker scholarship help to demonstrate our deep commitment to the future of filmmaking,” said Gene Williams, vice president of Chubb & Son and worldwide entertainment manager for Chubb Commercial Insurance. “The legal services are particularly useful, because film students are often so focused on the artistic side of making a film that they do not anticipate the potential legal pitfalls.”
Wendy Revel, CINE executive director, said she is delighted that Chubb has taken such a strong interest in student and emerging filmmakers. “Chubb has long been an advocate for the film industry, so this alliance creates a strong synergy,” she said.
Chubb has been underwriting film productions for more than 40 years, including feature films, documentaries, television productions, commercials, music videos and educational films. Chubb’s new Film Producers Risk policy was developed to address the enormous advances in filmmaking during the past decade. The policy helps pay for the additional costs to complete a production when it is interrupted or has to be re-shot as a result of specific causes. Unlike traditional film policies, which insure certain losses only through principal photography, Chubb’s policy extends protection through post production.
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