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Damage to Brand or Reputation
The fallout from a reputation crisis can be far greater than any short-term earnings losses, with some companies losing significant shareholder value.
Industry Overview
Sports and Entertainment
Specialized Advice and Cover for a Unique Industry
Whether a sports person needs insurance, a production company seeks cyber risk coverage, or an agency wants a novel approach to rewarding talent, specialized solutions are a must in the sports and entertainment industry. This is particularly true when considering emerging risks and opportunities such as managing environmental, social and governance (ESG) issues, better capitalizing on the value of intellectual property, and building healthier, more resilient workforces.
At Aon, our clients include some of world’s leading businesses and personalities in the sports and entertainment industry—ranging from professional sportsmen and sportswomen to clubs, associations, sporting goods manufacturers, promoters, advertisers, marketers, sponsors, production companies and leisure and entertainment parks—granting us the perspective required to help clients manage risk, harness technological innovation and maximize their creative vision through innovative, tailor-made solutions.
Top 5 Current Risks
According to our latest Global Risk Management Survey, the biggest risks facing the Sports and Entertainment industry include:
More Insights
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Article 13 mins
Top Risks Facing Sports and Entertainment Organizations
Sports and Entertainment industry respondents to our Global Risk Management Survey (GRMS) ranked damage to brand or reputation and business interruption as their two most critical risks.
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Article 6 mins
Protect and Grow: An Integrated Approach to Tackling Global Volatility
In today’s increasingly volatile global economy, business leaders are focusing on two key areas of decision-making: Risk Capital and Human Capital.
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Article 7 mins
Case Study: The LPGA Unlocks Talent Potential with Data
The LPGA shares how data technology has helped to pinpoint the personality traits of top players, leading to success on and off the golf course.
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Article 7 mins
COVID-19 has Permanently Changed the Way We Think About Wellbeing
Aon’s 2022–2023 Global Wellbeing Survey explores what employers around the world are doing to support the needs of today’s workforce.
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Article 7 mins
ESG Data: How Businesses Can Use Data to Gain an Edge
To make the most out of their ESG data, companies can draw on different approaches to benchmarking and increase their attention to governance.
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Article 7 mins
Catastrophes and Coverage: What 2022 Can Teach Us About Climate Risk
The impact of climate change on businesses, insurers, and communities can provide insight on how to mitigate the risks associated with extreme weather events.
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Article 12 mins
A Guide to Preparing for Greater Climate Disclosure in 2023
Climate disclosure requirements will increase globally in 2023. Use this guide in preparation to reduce risk and attract investors.
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Article 7 mins
Retaining Talent in a Job-Hopping World
A record number of workers are quitting jobs and changing companies — or thinking about it. How can employers retain talent in today’s competitive market?
