Sports: Insurance

(asked on 29th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will take steps to ensure that support measures for the contingency insurance industry includes sporting events.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 8th February 2021

At this stage of the pandemic it is still difficult to provide the certainty the sector needs to plan. It is therefore not the right time to consider an insurance-based solution. However, we are closely monitoring the situation and as the public health situation improves and the path to re-opening becomes clearer, we will work with DCMS to review how to communicate that path and support the sector, including sporting events, to safely reopen.

I am aware that many large events have long lead-in times, so potential support will need to be considered before public health restrictions are relaxed. Officials are working to understand what a viable roadmap would be for the reopening of the events sector and therefore the right point for considering potential support options, including insurance-based solutions.

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