Creative Kirklees

Creative Kirklees / News / Tue 11 Jan 2022

Live Events Reinsurance Scheme - Update 4 Jan 22

Live Events Reinsurance Scheme - Update 4 Jan 22

On 5 August 2021, the government announced that it is partnering with insurers to offer a cost indemnification insurance scheme which will make cover available against the cancellation, postponement, relocation or abandonment of events due to new UK Civil Authority restrictions in response to COVID-19.

The Live Events Reinsurance Scheme supports live events across the country — such as music festivals, conferences and business events — that are at risk of being halted or delayed due to an inability to obtain COVID-19 cancellation insurance.

This intervention supports the UK’s economic recovery from the COVID-19 crisis by giving events the confidence they need to plan for the future, whilst also ensuring that we deliver value for money for taxpayers.

The full scheme rules, as published by DCMS, can be found on this page.

The Scheme will run to 30 September 2022 with a review point in Spring 2022.

Please follow the link to see the latest update from 4th January 22.

For more information visit https://www.gov.uk/government/publications/live-events-reinsurance-scheme?utm_medium=email&utm_campaign=govuk-notifications&utm_source=3817c26b-7683-407f-84f6-742f3111adcc&utm_content=daily

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