Concerns that take-up of government scheme has fallen far short of £800m in promised cover
The Wimbledon tennis tournament has received by far the largest amount of government support from a Covid-19 insurance scheme set up to help live events organisers.
Organisers of live events ranging from music festivals to business conferences and car shows found it impossible last year to find commercial insurance, as insurers balked at the high risk of coronavirus restrictions being reimposed. After months of pleas for help from the events sector, the government intervened in August 2021 to provide reinsurance, in a move the chancellor, Rishi Sunak, said would allow events organisers to “plan with confidence”.
