Take Cover: The changing landscape of insurance

James Hanley discovers how the insurance industry’s crippling losses as a result of the pandemic have fundamentally changed the entire landscape for live music

Shambala 2021 was cancelled due to lack of insurance
Shambala 2021 was cancelled due to lack of insurance

If these “unprecedented times” have proved anything, it’s that a robust insurance plan can be the difference between survival and extinction for many in the live music business. And while the industry is slowly but surely beginning to resemble its former self, the scars of the pandemic run deep.

“We had huge claims at the start of the pandemic, which led to a lot of change within the underwriting market,” says Tim Thornhill of specialist brokers Tysers Insurance. “Some…

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