Events Industry: Insurance

(asked on 30th November 2021) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, if she will list the live events that have successfully had their events covered through the Live Events Reinsurance Scheme since it was announced on 5 August 2021.


Answered by
Julia Lopez Portrait
Julia Lopez
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 3rd December 2021

The Government recognises the important contribution that the live events sector makes to the UK’s culture and economy, and the significant challenges the sector has faced as a result of the Covid-19 pandemic. The Live Events Reinsurance Scheme will provide live events across the country - such as music festivals, conferences and business events with the confidence to plan for future events, and as such will support the UK’s post-Covid economic recovery.

We are unable to share commercially sensitive data including the name of events who have secured policies but we can say that a broad range of events located across the UK have purchased cover through this scheme.

The scheme recently welcomed a sixth participating insurer and £800M of cover is available to support the live events sector.

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