South Swindon MP Robert Buckland has welcomed the announcement of a Government Live Event Reinsurance Scheme, which will help boost the Events Sector here in Swindon and protect local jobs.
Robert Commented:
“I am pleased that the government have partnered with Lloyds to protect and boost the events industry with the £750m plus Live Event Reinsurance Scheme.
“This will help to give organisers the confidence not to cancel gigs, festivals and events both large and small.
“This scheme will support live event taking place here in Swindon that are open to the general public, including concerts, local fairs, music festivals. pantos and business events.
“It will cover costs incurred in the event of cancellation due to the event being legally unable to happen due to Covid restrictions.
“It will also help to protect the jobs of those working in the Events Sector here in the town.
“This is one of the only insurance schemes in the world to cover such a wide array of live events and not put a cap on costs claimed per event”
Further information about the scheme can be found here https://www.gov.uk/government/news/government-backed-insurance-scheme-to-give-boost-to-events-industry
