Concerns grow over UK government insurance scheme

Event organisers have not been unable to obtain quotes despite the scheme being opened by chancellor Rishi Sunak nearly a month ago

AIF chief Paul Reed says the extent of the cover available is limited
AIF chief Paul Reed says the extent of the cover available is limited

Concerns are growing within the UK business about the government’s much-trumpeted £800 million insurance scheme for live events.

The Live Events Reinsurance Scheme, announced at the beginning of August, will cover costs incurred if an event has to be cancelled, postponed, relocated or abandoned due to a government-imposed lockdown in response to Covid-19.

However, Association Of Independent Festivals chief Paul Reed says that not only is the extent of the cover available limited, event organisers have not even been able…

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