The Global Insurance Brokers Company Private Limited that has been functioning since 2003 in providing risk coverage to films in India with over 11 locations has come to the rescue of Kannada film industry.

The risk coverage in various stages with precise inputs would be a good boon for the films. The best information lent on the film would have best coverage for the films that are involved in risk at different levels. One of the officials of the Insurance Company explained the association of the films like MS Dhoni, Black, Padmavathi, Slum Dog Millionaire, Life of Pi and others were covered. The head injury to Hritik Roshan was also settled to the extent of Rs.6 crores.

GIB in risk management services looks after cast insurance, props, sets, wardrobe, video stock, extra expenses, money insurance, personal accident insurance, workmen compensation insurance, legal liability insurance etc. Movie production and distribution houses and major event organizers as established clients. Mr Prabodh Thakker is chairman of GIB.

The emergence of Globan Insurance Brokers Company Private Limited was held on Friday evening. Dr Shivarajakumar and Yash graced for the inauguration by lighting the lamp. KFPA President and MLA Munirathna Naidu, veteran producer KCN Chandrasekhar, KCA chairman SV Rajendra Singh Babu and Mr Bhopesh of Global Insurance Broker Company were present at the lighting of lamp. The Kannada film producers Association members were present on this occasion.

SV Rajendra Singh Babu national acclaimed director in his address recalled the running around of the insurance people for settlement of claims. He recalled the incident of Muththina Hara' where Rs.1.75 lakhs was given as insurance premium after the team lost a truck containing costumes went missing. How fast, hassles free you provide the coverage are very important. The examples of it would finally answer the doubts in the minds of film producers he said.

On the issue of risk coverage for script a question placed by director Nagathihalli Chandrasekhar, the case is new to handle and we will come up with right solutions for such a scenario said the official.