Abstract

The case examines the developments in the film insurance industry in India in the late 1990s. Studying the experience of the United India Insurance (UII) company, which pioneered film insurance in India, it explores in detail the hurdles faced by the film industry in dealing with the banks/financial institutions (FIs) and insurance companies. While the success of UII’s film insurance service encouraged more film producers to adopt transparency and corporate practices, the industry hoped that the recommendations of the Joint Institutional Committee for Financing Entertainment Industry made in December 2000 would herald a new saga for it.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Film insurance
• Film financing in India
• Hurdles in film financing.

Keywords

Film insurance industry, India, 1990, United India Insurance, UII, company, film insurance, India, hurdles, film industry ,banks/financial institutions, FI, insurance companies, film producers, transparency, corporate practices, Joint Institutional Committee for Financing Entertainment Industry, December 2000