Campaigners in the UK have warned that live events could be cancelled next year unless the government helps with insurance.
According to a report from PA Media, the ‘Let LIVE Thrive’ campaign comprises contingency insurers who have worked with the events industry and it wants the government to underwrite contingency insurance which is needed in the event of cancellation.
Event organisers, MPs and insurers have now backed an open letter from the campaigners to the UK culture secretary Oliver Dowden. The letter states that festivals, theatre productions and sports events remain under threat despite the start of the mass vaccination programme and events must be planned before vaccines are rolled out.
The letter noted that the “threat from coronavirus has decimated the viability of the contingency insurance market for insurers, meaning that event organisers are unable to access COVID-specific cover”.
“We cannot stand by and let another year’s festivals, theatre productions, sports tournaments, mass participation events and concerts be cancelled unnecessarily. It would destroy not only those industries but also the many local economies and the millions of livelihoods which depend on them in the hospitality and tourism sectors, which have also been heavily impacted this year,” said the letter.
By underwriting a COVID-19 contingency insurance, the UK government will enable event organisers to plan for next year according to the letter.