EPIC Insurance Brokers & Consultants has announced that John Beam has joined the firm as part of its entertainment and sports practice.
Beam, based in Charlotte, brings more than 25 years of experience working with insurance solutions for the sports and entertainment sector.
Scott Davis, president of national specialty practices at EPIC, said Beam brings significant industry knowledge and a long record in the entertainment and sports space.
Are you an insurance innovator? Tell us — we want to hear your story
Beam said he is “excited to join one of the sports and entertainment industry’s fastest-growing, most well-respected risk consulting firms,” noting that the brokerage “have a proven track record for exceptional service” and noted his long professional relationship with executive chairman Alex Fairly.
Read more: Fan experiences, multipurpose venues reshape sports facility risks
EPIC said its entertainment and sports practice focuses on reducing clients’ total cost of risk through tailored insurance programs. The firm works with professional sports leagues including the NFL, MLB, MLS and NHL, as well as global brands, recording artists and media companies.
The company advises major events and live productions on exposures related to crowd control, safety and security, food service, disaster planning, injury management and drug testing.
Beam’s arrival comes amid a broader expansion of specialty talent across the entertainment insurance landscape. Elsewhere, Alive Risk’s recent move to strengthen its entertainment underwriting leadership signals growing competition among firms that serve touring productions, film shoots and other live event operators.
The specialty brokerage landscape is also shifting as competitors look to broaden their event-related offerings. Howden’s acquisition of Gravitas Insurance Agency, a contingency-focused brokerage serving music, sports and live events, is one example of consolidation aimed at capturing a larger share of the entertainment market.
Read more: Howden to expand US presence with Gravitas Insurance acquisition
Changes in sports venue operations are also shaping insurance needs sports and entertainment clients. Many stadiums now operate as multipurpose facilities, which introduces additional liabilities tied to crowd management, vendor operations and evolving fan experiences.
These trends, combined with heightened litigation pressures, have pushed venue operators to reassess risk strategies and rely more heavily on brokers with specialized expertise.
