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Insurers in the firing line over cancelled events

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This has left events companies in a jam. After no shows in 2020, they cannot afford to risk their remaining cash preparing for events in 2021 with no idea what the New Year will bring. Artists such as Celine Dion have already cancelled tours for the year ahead.
And so several events companies have teamed up with insurer Hiscox and a clutch of brokers to lobby for help.
The Let Live Thrive campaign, which is also backed by a flock of MPs and peers, has written to Culture Secretary Oliver Dowden urging the Government to provide contingency insurance.
This would mean that if any events were cancelled due to lockdown measures, the taxpayer would be on the hook for any losses. ....

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Events including Glastonbury and the London Marathon might be cancelled AGAIN next year

A string of events including the London Marathon face cancellation next year over a row about who will insure them.
Organisers of some of the largest events in next year’s calendar are preparing to abandon their plans as insurers are refusing to cover them for any Covid-related disruption.
In a last-ditch attempt to keep the events industry afloat, bosses and insurers are heading a campaign calling on the taxpayer to provide cover instead.
The Let Live Thrive campaign – which is backed by MPs such as Tory culture committee chairman Julian Knight and Lib Dem leader Sir Ed Davey – is urging the Government to provide state-backed insurance to get the events industry back up and running. ....

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