Career
He is regarded as one of the world"s greatest entertainment insurance brokers. Bachrach has held positions as President of Entertainment and High Net Worth divisions for USI (acquired by Goldman Sachs), and Albert G. Ruben of Beverly Hills. He was awarded the Guinness World Record in 1990 for the largest life and disability policy ever written at the time, valued at over $140 million.
Bachrach wrote his first insurance policy for a major entertainer in 1983 and followed with policies for entertainers like Neil Simon, Van Halen, and Kiss.
Early in his career, Bachrach was able to write insurance policies for previously uninsurable positions. Shel Bachrach has pioneered practices that are employed by companies worldwide, including policies for: Advertising commercial wrap-ups for Fortune 500s such as Coca Cola, McDonalds, Ford Motors, Philip Morris, and Toyota.
Drug-related filming delays for stars such as Courtney Love in The People versus Larry Flynt Actors who pilot aircraft, such as Harrison Ford in the blockbuster, Air Force One (film) Aging key persons, such as acclaimed director, Sir David Lean, for his last movie ever made.
Pregnant actresses during filming for actresses like Bette Midler.
Magicians, entertainers, and "Big Cats" performers, including popular Las Vegas acts. And Winnings for some of television"s longest running game shows like "The Price Is Right". Bachrach has appeared as an expert witness in Los Angeles County and Federal Court on Liability Insurance, including Errors & Omissions, Directors & Officers and Employment Practices Liability.
Shel Bachrach is on the Board of ABCs at Saint John"s Health Center, contributor to Cedars-Sinai, LACMA, and other well known Los Angeles institutions.