Magazine article Screen International

European Film Bonds (EFB) Plots Expansion

Magazine article Screen International

European Film Bonds (EFB) Plots Expansion

Article excerpt

EFB also secures financial backing from investment firm Sape Group.

Ami Ameen in ‘Yardie’

Completion bond outfit European Film Bonds has struck a partnership with insurance firm Inter Hannover that it says will allow the company to guarantee films on a larger budget level.

Recent projects bonded by EFB include Idris Elba’s Yardie and Chanya Button’s upcoming Vita & Virginia. The company is now planning to increase the number of projects it takes on and will be expanding its staff.

Inter Hannover is owned by Hannover Re, the third largest reinsurance company in the world with a gross premium of around $19.9bn.

Nina Crone, who oversees bonding activity from EFB’s Copenhagen office, Sudie Smyth, newly-appointed MD of EFB’s London office, and production executive Simon Bosanquet are all attending this week’s European Film Market (EFM) in Berlin. …

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