EC3 Brokers calls on government to become ‘insurer of last resort’ for live events

By Insurance Times 2020-10-01T06:40:00

The broker has called on the government to become the insurer of last resort for the sports and entertainment industry and warns of the potential ’carnage’ on the UK’s economy if these venues cannot get the insurance they need to operate

EC3 Brokers has called on the government to become the insurer of last resort for the sports and entertainment industry as well as underwriting part of the risk.

In its proposal on contingency insurance to the government, the broker aims to dig British theatre, and the sports and entertainment industry out of a Covid-19 induced financial hole.

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