EXCLUSIVE: The UK government is “monitoring what further action is needed” to help commercial insurers return to market and provide commercially viable rates when the £500M ($680M) Film…
CEO John McVay, who had raised fears that insurers will be unlikely to insure shows in case of Covid-related shutdown beyond April 30, which means TV producers will have to push on and roll the cameras at their own risk. The scheme has already been extended three times.
“We want the insurers to come back to market on this but they are still nervous. Everyone is navigating the next phase and it feels like a movable feast.” A spokesman for the DCMS said: “Our Film & TV Restart Scheme has helped our world-class screen industries continue to thrive in spite of the huge challenges posed by the pandemic.
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