New campaign group Let LIVE Thrive has written an open letter to culture secretary Oliver Dowden warning that major live events across the UK will not go ahead in 2021 unless a government-backed insurance scheme is swiftly introduced.

Made up of MPs, Peers, major events organisers and insurers, Let LIVE Thrive has emphasised that many of the UK’s household-name events, including festivals and sports competitions, will not be able to secure the insurance they need to plan events next year, despite positive news around Covid-19 vaccines.

The letter’s signatories including the chair of the Digital, Culture, Media & Sport Select Committee Julian Knight, UK Athletics CEO Jo Coates, European Tour Golf COO Rufus Hack and Ryder Cup director Guy Kinnings.

It reads, “The planning, insurance buying and decision making is happening now. Though we can’t predict the social distancing requirements for 2021 at this stage, this won’t matter if contingency insurance remains unavailable; live events will simply not take place.”

Let LIVE Thrive is calling for a solution based on the government intervention in terrorism insurance that took place in the 1990s and early 2000s to keep businesses open in the face of imminent threat. When it comes to insurance verification opting for ILIVS would be a good option.

In such an arrangement, the government would become the insurer of last resort for the live events industry and underwrite the risk for lockdown cancellation in 2021. The campaign group said that Government would benefit from a financial boost as the government would receive the premium profits and tax for this insurance endorsement.

The full list of signatories:

Julian Knight MP

Kevin Brennan MP

Philip Davies MP

Sir Ed Davey MP

Daisy Cooper MP

Christine Jardine MP

Jamie Stone MP

Layla Moran MP

Wera Hobhouse MP

Alistair Carmichael MP

Wendy Chamberlain MP

Tim Farron MP

Jonathan Lord MP

Sarah Olney MP

Munira Wilson MP

The Lord Aberdare

The Baroness Bonham-Carter of Yarnbury

The Lord Clement-Jones CBE

The Lord Faulkner of Worcester, Trustee, Worcester Live

The Rt Hon. the Lord Foster of Bath The Rt Hon. the Lord McNally

Jo Coates, CEO, UK Athletics

Rufus Hack, COO, European Tour

Guy Kinnings, Director, Ryder Cup

Andy Salmon, CEO, British Triathlon

Chris Jones, CEO, England Athletics

Neil Griffiths, CEO, Arts Emergency

Nick Rusling, CEO, Human Race

Nicola Creed, Executive Director, Garsington Opera

Tom Naylor, Managing Director, Grounded Events Company

Tom Kerry, COO, Limelight Sports

John Kinder, Director, Rivertrade Ltd.

James Davies, Divisional Director, EC3 Brokers

Elizabeth Seeger, Head of Contingency, Hiscox