Tysers, an independent Lloyd's broker, and member of the AUB Group, is launching a new global division dedicated to serving the needs of the global entertainment industry.
The new initiative -Tysers Live, sees offerings in Music, Theatre, Live Events, Media & Film and Advertising & Commercials combine under one brand with a new leadership team led by Paul Chapman.
Chapman is an experienced senior industry practitioner with nearly four decades of experience, one of them being at Tysers.
It is also important to highlight that the launch of Tysers Live consolidates the broker's vast experience in the Entertainment sector into one offering and reflects the AUB Group's focus of restructuring specialist sectors to bring skills and expertise together into expert teams.
In addition, it has also been confirmed that Tysers Live will embark on an "ambitious, global growth strategy", which will include attracting and acquiring new broking teams in major entertainment geographies, ultimately cementing the company's position as a leading international broker in Entertainment.
John Claffey, Brian Freeman and Tim Thornhill of Tysers will form Chapman's senior management team to help build out the imitative.
Tysers confirmed that the full new leadership team will be announced in the near future.
Mike Emmett, AUB Group CEO and Managing Director said: "Tysers Live will be a cutting-edge offering that will set the standard for brokers in the Entertainment sector. It highlights the AUB Group's commitment to strengthening our position as a premier broker through both organic growth and acquisition. Paul's impressive track record and strong relationships with the market make him the ideal choice to lead the build out of Tysers Live as a global practice."
Paul Chapman added: "Tysers Live brings together under one umbrella a brilliantly talented team from key lines of business and reflects our deep commitment to delivering first-class, innovative, nimble wholesale and direct-to-client solutions. I am incredibly proud and excited to be leading Tysers Live and know we have a fantastic future ahead."
Earlier this year, Tysers parent AUB Group, raised A$150 million to support its "attractive M&A pipeline", after completing an oversubscribed placement of 6.25 million new fully paid ordinary shares at A$24.00 per share.
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