Tangram Insurance Services, one of the nation’s largest independently managed general insurers and program managers, has announced the acquisition of Los Angeles-based New Empire Entertainment Insurance.
New Empire specializes in the entertainment industry and has helped thousands of producers and independent producers protect their productions.
“We are very excited to have the New Empire team partner with Tangram,” said James Bekhor, CEO of New Empire. “Tangram’s relationships, innovation and expertise will provide acceleration to New Empire’s global program offering and commitment to the entertainment industry.”
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“I am thrilled to have the New Empire team join our family of specialty programs,” said Rekha Skantharaja, president and CEO of Tangram Insurance Services. “As Tangram leaps forward, we look for programs and teams that deepen our capabilities in a specific market segment. The entertainment industry has emerged from the challenges of the past two years and continues to show resilience and opportunity.
“We’re excited to provide insurance solutions for companies and individuals who create film, music and special events. I’m especially proud that our independent and entrepreneurial culture continues to resonate with our industry peers.”