Chapter 120 Completion Guarantee

This afternoon, Bob Cohen from Allianz Insurance Group Firefighters Fund Insurance Company came to Burbank immediately after receiving the call and found Shahai Entertainment.

Ronan received the insurance business manager in his office.

Bob Cohen entered the office, greeted Ronan, and looked around first. The office layout is simple. The most eye-catching thing is the movie posters hanging on the wall. There are already released "Human Purge Project" and "The Blair Witch ", as well as "Reaper" and "Ace Agent" which will be released within this year.

The first two films were a big success, which is typical of Hollywood in the past two years.

The latter two films are very familiar, and the insurance business of the crew is all taken from the firefighters' fund.

If the latter two films are successful again, Ronan Anderson and Relativity Entertainment will definitely attract the attention of the entire Hollywood.

It is estimated that the Firefighters Fund, which specializes in Hollywood insurance business, will also pay attention.

Bob Cohen knows very well that as an insurance business manager, if he wants to continue to climb up in the company and get more business commissions, he must have heavyweight customers under his hands.

"Mr. Anderson." Bob Cohen was quite polite: "What do you want me to do?"

Ronan was busy adding the details of the "Ah San" project yesterday afternoon. The Indian film industry is huge. In many important technical departments in San Francisco and Los Angeles, Indians can be seen everywhere. It must not be entertained" The strategy of the "Arab Brothers" is to face the "friends of Ah San".

Since yesterday, he has asked Robert and George Clint to further collect detailed information on Indian Bollywood and private film investors, asked Dana's lawyer to inquire about the relevant legal provisions in India, and found a professional company to go to India to understand the status of industrial investment and many more.

To successfully raise funds, a lot of preparatory work is necessary.

Insurance is also part of it.

The Firefighters Fund is the most widely used, most recognized and well-known insurance company in Hollywood today, and behind it is the huge multinational group Allianz Group.

"I have a new movie project here, and I need a third-party completion guarantee." Ronan said directly: "I want to cooperate with you."

Bob Cohen immediately asked: "Can you know what the project is?"

Ronan took out the original "Bourne's Identity" by Robert Ludlum, handed it to Bob Cohen, and said, "I'm going to adapt this novel into a movie."

Bob Cohen took it over and glanced at the cover. He had heard of this novel and read it when he was in school. He only remembered that it was a story about a secret agent, and basically forgot the specific content.

It's normal to not remember books that you've read once or twice, and he didn't care. He asked, "Have you confirmed the script, director, and actors? Do you have any relevant proposals?"

Ronan has nothing but copyright. To be honest: "This project has just been put on the agenda, and the specific work has not yet begun. I intend to raise funds for the production, and I need an insurance company as a third-party guarantee for the completion of the film. But I didn't really I have worked on the completion guarantee, so I am not very familiar with many of them.”

Bob Cohen knew that this was true. Whether it was Sand Sea Entertainment or the newly established Relativity Entertainment, they were all small companies before. It was only after the success of "The Purge" and "The Blair Witch" that they became famous.

"Mr. Anderson, the company has clear regulations on Hollywood third-party guarantee business." Bob Cohen is just a small business manager: "Your company has never cooperated with us in this regard."

Ronan continued: "I have two films, "The Purge of Mankind" and "The Blair Witch", which have been successfully released. The filming of "Reaper" and "Kingsman" that you participated in the insurance business has completed, and the post-production has also begun. When it came time to wrap up, we didn't have any issues with our ability to finish the production."

Bob Cohen said with a smile: "I feel very comfortable with your company."

One of the most basic functions of a third-party guarantee is the completion guarantee, that is, to ensure that all productions of the film are completed.

This is to provide a guarantee for the crew, and it is also a guarantee for the completion of the film to the investors. If there is a problem with the production company or the crew, the insurance company as the third-party guarantee for the completion of the film will bear the corresponding responsibility.

For example, the filming is overdue, the main actors quit suddenly, the funds exceed the budget, etc., all of these expenses have to be paid by the insurance company.

In case of a major problem with the crew, such as the bankruptcy of the production company or the withdrawal of the director, a third-party guarantee company will even come forward to take over the project and find suitable personnel to complete the film.

Otherwise huge sums of money will be paid out.

Of course, the insurance premium as a third-party guarantee is not low. The completion guarantee fee for an ordinary film is 2.5% of the budget, and it is adjusted according to the budget and difficulty of the film project.

Third-party completion guarantees for movies with dangerous scenes such as action movies are generally 4% of the budget.

"Can you know the budget for this project?" Bob Cohen asked with concern.

Ronan knows how to attract insurance companies, saying: "The budget cost will not be less than 50 million US dollars."

Bob Cohen's heart races, it's big business!

For the entire firefighter fund, a movie project with a budget of 50 million dollars is nothing. The company cooperates with the six major Hollywood companies with a budget of more than 100 million dollars. But for Bob, a small business manager, 5000 million dollars is never before.

"Movie genre?" Bob asked again.

Ronan needs a third-party completion guarantee, so he is telling the truth: "Currently the most popular action movie in North America."

Bob Cohen's heart beat faster. The completion guarantee fee for an action movie is generally four percent of the budget, and a $50 million budget is a $2 million policy.

Judging from several projects under Relativity Entertainment, this company is very reliable.

Bob Cohen quickly made a decision: "Mr. Anderson, the company's review of the completion guarantee is relatively strict." He smiled, and said: "Of course, your company has a good reputation, and the completion rate in the last two years is 100%. ..."

Ronan could see that Bob Cohen was tempted.

Bob Cohen emphasized his tone slightly, "Based on your company's conditions and my assistance, the chances of passing the completion guarantee review are very high."

Ronan laughed and asked, "What do I need to prepare?"

Bob Cohen attached great importance to this business, thought about it seriously, and said, "I'll go back and draw up a plan, plan the process and the materials needed, and bring them here tomorrow."

"Yes." Ronan agreed, "I'll wait for you here tomorrow morning."

If "Bourne's Identity" can win the fireman's fund as a guarantee for the completion of the film, even if the "Asan Project" fails, it can still find investment in other places.

After sending Bob Cohen away, Ronan searched out the information on Indian movies and investment that he had collected before, and read them carefully.

Indians also hope to break into Hollywood. After the economy has developed to a certain level, it often needs international recognition. Of course, the place where commercial films can attract investment is Hollywood.

Ronan had some impressions that after India's economic development in the previous life, it was like the other side of the Pacific Ocean, attacking around the world, participating in investment or purchasing internationally renowned brands.

For example, Land Rover in the UK was acquired by the Tata Group. At that time, many people called it the Indian god car.

This is of course a derogatory term rather than a compliment.

The cooperation between Indians and Hollywood, what Ronan remembers most clearly is the investment of Indian funds in the films under DreamWorks.

However, in terms of time, it was several years later.

Judging from what we know now, Indians are still in the wait-and-see stage, and DreamWorks seems not to want Indian funds to rashly participate in the investment of its big-budget films.

There was a knock on the door, and Ronan said please come in. Eva, the front desk of the company, opened the door and said, "Mr. Anderson, there is a Miss Carmen-Kase looking for you. She said she is your friend."

"Carmen?"

As soon as Ronan stood up, Carmen Kath beckoned to him from behind the female receptionist.

"Come in." Ronan greeted.

The female receptionist hurriedly left, closed the office door, and took a special look at Carmen-Case. This woman has long straight hair and a shawl, a small and delicate face, excellent body proportions, slender limbs, and outstanding temperament...

Look at yourself again? Forget it, the gap is too big.

Ronan took a new glass, took a glass of water for Carmen-Case, and asked, "Why are you here?"

Carmen-Case looked at the book on the desk curiously, and said, "I participated in an event in the morning, and I have nothing to do in the afternoon and evening. Come and see you."

She pointed to the book: "Are you studying business management?"

Ronan pulled out his chair and sat down, and said, "Just look at it when you have time. I can manage a dozen or twenty people. Now it's a bit difficult to manage two companies."

Carmen Kath knew business operations well, and said, "You can hire a professional manager."

"I have had this idea for a long time." Ronan smiled: "There has been no suitable candidate."

The professional manager system is very common in North America. Ronan has also considered this aspect. First, he cannot find suitable candidates in a short time. Second, he also needs to participate in actual work to improve his ability.

He can bear the pressure of the embassy film industry and sand sea entertainment now.

Carmen Kath glanced at Ronan: "I won't disturb your work, will I?"

Ronan shook his head: "No."

Carmen-Case picked up the book: "I think it will, you are busy with your work, don't worry about me."

Ronan responded and stopped talking. He picked up the previous materials and read them again. During the period, he also observed Carmen-Case several times. Carmen-Case had been reading the book on business management very seriously.

It was almost time to get off work, and Ronan saw Carmen-Case put down her book, tidied up her desk, and said, "Let's go."

Carmen-Kath looked at him and asked, "Where are you going?"

Ronan went over to hold her hand and asked, "Go to my house?"

"Okay." Carmen-Case followed him away.

That night, the golden god of war was riddled with holes by the spear of eternity.