Live Events Reinsurance Scheme

(asked on 6th January 2022) - View Source

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

To ask the Secretary of State for Digital, Culture, Media and Sport, what assessment her Department has made of the effectiveness of the Live Events Reinsurance Scheme at covering live events from the risk of cancellation due to covid-19.


Answered by
Julia Lopez Portrait
Julia Lopez
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 13th January 2022

The Government recognises the important contribution 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 provides live events across the country with the confidence to plan ahead, and as such will support the UK’s post-Covid economic recovery.

Since the Scheme’s launch in September 2021, a wide variety of events, including business events, concerts and theatre performances, have purchased cover. The Scheme will be reviewed in the Spring to assess its effectiveness, including the extent to which it has benefitted the live events sector while also delivering value for money for UK taxpayers.

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