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Insurance: Coronavirus

Question for Treasury

UIN 110912, tabled on 3 November 2020

To ask the Chancellor of the Exchequer, what discussions his Department has had with (a) campaigns for a government-backed insurance scheme for the UK live events industry and (b) the Let LIVE Thrive campaign.

Answered on

11 November 2020

The Government is working closely with the insurers, the trade bodes and regulators to understand what more the sector can do to support firms in response to the pandemic. We also continue to gather and monitor information on how different sectors are being affected by the current crisis and the availability of cover.

The Department for Digital, Culture, Media & Sport is engaging with the live events sector to understand the issues they are currently facing. The Treasury will continue to engage with officials there to understand the latest position and assess proposals.

Event providers are eligible for assistance through the wider Government support package if they are in financial difficulty. We continue to keep the package under close review.

Answered by