European Film Bonds (EFB) and German Film Insurance Association Deutsche Filmversicherungsgemeinschaft (DFG) announced joint venture to simplify insurance.

European Film Bonds (EFB) and the German Film Insurance Association Deutsche Filmversicherungsgemeinschaft (DFG) are setting up a Scandinavian-German joint venture to create new quality standards for completion bonds and the accompanying monitoring to satisfy both investors and filmmakers in equal measure. According to the two partners, the explicit goal of the joint venture will also be to keep all insurance matters as simple and unbureaucratic as possible for all participants.