12/7/2020 1:35:14 PM | less than a minute read

Theatres hit by lack of Covid insurance as London’s West End reopens

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Mike Daly

Transformation, AI, Insurtech, Insurance Transformation

Get in touch

Mike Daly

Transformation, AI, Insurtech, Insurance Transformation

Producers focus on smaller shows to mitigate the financial risk of cancellations

The curtain will go up across London’s West End this weekend but a lack of insurance for Covid-related cancellations has left theatre owners and producers shouldering increased financial risks and unable to plan a return to blockbuster shows.

Niche market for an enterprising, arts loving insurer?

Large-scale shows such as Hamilton or Harry Potter and the Cursed Child draw big overseas audiences and fuel local spending but require three or four months of preparation and a much bigger financial commitment than the smaller productions opening in December.

www.ft.com/...