The UK Government’s live events reinsurance scheme, which was designed to help keep the live events sector going through the pandemic, paid out just one claim, according to a report from the Financial Times. The Financial Times reported that one claim of £180,500 (€204,000/$225,000) had been paid out, generating almost £6m in premiums, according to …
Live Events Reinsurance Scheme protects 15,000 jobs and supports 150 events
The UK Government has said that almost 15,000 jobs and more than 150 events have been supported by its Live Events Reinsurance Scheme, which was launched during the COVID-19 pandemic. The scheme closes in September, but has offered aid to a number of events on the British calendar including The Brit Awards, Virgin Radio’s Big …