Entertainments and Sports: Insurance

(asked on 8th January 2021) - View Source

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

To ask Her Majesty's Government what plans they have to partner with the sport and entertainment sectors to underwrite contingency insurance for live events.


Answered by
Baroness Barran Portrait
Baroness Barran
Parliamentary Under-Secretary (Department for Education)
This question was answered on 12th January 2021

The Government is aware of the concerns which have been raised about the potential challenge of securing insurance for live events, including those in the sporting and entertainment sectors. We have been working closely with the affected sectors over the last few months to understand the challenges and to keep the situation under review.

Understandably, the bar for considering Government intervention is set extremely high, especially in light of the furlough scheme and local business support, so the evidence of market failure specific to DCMS sectors must be clearly demonstrated and robust.

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