As became clear from the plethora of litigation that arose several years ago out of film finance gap insurance and reinsurance, the film industry is a high risk area from which losses can only too easily arise. In this field insurance and the financial backing of films, or slates of films, walk hand in hand and may effectively share in the success, or otherwise, of the productions. Members of Carter Bailey Perry have experience of handling insurance and reinsurance coverage issues as well as drafting policies to cover film related risks. They have also acted in contingency risks generally, including event cancellation political risk.