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SLE Worldwide

sleworldwide.com.au

Stage

Acquired | Acquired

About SLE Worldwide

SLE Worldwide is a managing general underwriter specializing in insuring risks in the world of Sports, Leisure and Entertainment.

Headquarters Location

Level 11 56 Clarence Street

Sydney, New South Wales, 2000,

Australia

+61 02 9249 4850

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SLE Worldwide Patents

SLE Worldwide has filed 2 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/19/2015

Implants (medicine), Neuroprosthetics, Neural engineering, Neurophysiology, Medical devices

Application

Application Date

5/19/2015

Grant Date

Title

Related Topics

Implants (medicine), Neuroprosthetics, Neural engineering, Neurophysiology, Medical devices

Status

Application

Latest SLE Worldwide News

SLE's insurance for a busker on Pitt Street through to AC/DC

Nov 30, 2022

| Insurance Business Australia “Anyone from a busker on Pitt Street through to AC/DC at ANZ Stadium should be able to receive insurance,” said SLE Worldwide Australia’s then managing director, Brad French in an interview with IB in 2018 . Fast forward four years. IB just asked the same question of Peter Mckenzie (pictured above), SLE’s Sydney based general manager. “SLE, I’d say, is the largest provider of entertainment insurance to the entertainment industry in Australia,” said Mckenzie. “So that statement [by Brad French] doesn’t change, we still look from the lowest level of a busker all the way up to the big multi festivals.” He included live music events like A Day on the Green and the coverages needed for the supporting sound and lighting companies. SLE also insure the event co-ordinators, booking agents, theatrical productions and photographers. Elton John and Robbie Williams are covered Both Elton John and Robbie Williams’ upcoming 2023 Australia tours are insured through SLE. “We insure some of the biggest promoters in the country from Live Nation, Frontier Touring and Chugg to name a few,” said Mckenzie. “So most of the international artists coming out we insure.”  The firm also covers the sport and leisure industries. However, the last year has been challenging. “It’s been a trying year, I would say, for all three sectors,” said Mckenzie. “There have obviously been COVID related issues with each sector bringing its own unique situations to that.” He said insurers tightening up capacity and applying rate increases has compounded the challenges. “So a lot of sectors have found it tougher to obtain insurance in general,” said Mckenzie. During the COVID-19 pandemic things got desperate. “For that two-year period during COVID, the industry was on its knees,” he said. “The Australian border was shut so no international artists could get into the country and the big festivals couldn’t happen because of the restrictions on public attendances.”   However, he described 2022 as a “rebirth of the entertainment industry.” “It’s probably taken until the second half of the year to get international artists comfortable with coming and travelling again and big promoters getting comfortable with putting a lot of money on the line,” said Mckenzie. He said there are now numerous festivals and other music events taking place around the country. “So I believe the entertainment industry is getting back to full throttle,” said Mckenzie. The weather has a big impact on Aussie events For SLE, that means business as usual and sometimes dealing with the weather. “When underwriting festivals you need to ensure best practices are being put in place by the client to ensure the smooth running of their event,” he said. “It is unfortunate that the Australian climate does have a big impact on them, even leading to some festivals having to be cancelled because of it.” When big events are cancelled, Mckenzie said it can be very tough for the promoter. “A lot of the time if a big festival has a headline act that comes from overseas, that headline act will enter into a contract with the promoter which basically states if the event doesn’t go ahead, they still get paid,” he said. “So the promoter has a lot of overheads setting up the infrastructure and therefore will do everything humanly possible for the event to proceed - because otherwise they’ll be out of pocket.”

SLE Worldwide Frequently Asked Questions (FAQ)

  • Where is SLE Worldwide's headquarters?

    SLE Worldwide's headquarters is located at Level 11, Sydney.

  • What is SLE Worldwide's latest funding round?

    SLE Worldwide's latest funding round is Acquired.

  • Who are the investors of SLE Worldwide?

    Investors of SLE Worldwide include Hanover Insurance International Holdings.

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