Business: Coronavirus

(asked on 1st February 2021) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what recent discussions they have had with the insurance industry about flexibility in the provision of Employer Liability Insurance for businesses in the (1) hospitality, (2) adult, and (3) retail, sectors, to support such businesses to reopen when the restrictions in place to address the COVID-19 pandemic are lifted.


Answered by
 Portrait
Lord Agnew of Oulton
This question was answered on 15th February 2021

The Government recognises the essential role of the insurance industry in providing the cover businesses need to operate. We are working closely with the insurers, the trade bodies and regulators to understand what more the industry can do to help individuals and businesses as the economy reopens, and to monitor the availability of cover and the impact this is having on the sector.

As measures to control the virus change, it is right that government support should also evolve. Because of this, we continue to take a flexible approach and keep all impacts and policies under review.

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