While compensation schemes in many European markets have helped build confidence, the absence of commercial cancellation insurance for Covid-19 remains a major barrier to live music’s return. How long will this market failure endure? And when policies do return, what are the likely rates and terms that companies can expect?
With an update on availability and progress across Europe and other international markets, this vital Recovery Session, Insurance: The missing piece, provided a current snapshot.
Chair Anna Wade (Boomtown Festival (UK)) was joined for this Session by Tim Thornhill (Tysers Insurance Brokers (UK)), James Davies (EC3 Insurance (UK)), Kim Bloem (Mojo Concerts (NL)) and Matthias Grischke (Novitas special risk (DE)).