“There are a lot of details to work through. “Of course we are fortunate to have insurance – it helps – but it doesn’t serve all the problems,” AELTC chief executive Richard Lewis said last month. One senior industry source told i that only 10 per cent of commercial customers invest in communicable disease cover, but it is usually those with the most financial exposure who are willing to include the add-on. Most brokers, it is understood, “would have thrown it in for next to nothing”. Industry sources have told i that given the extortionate cost of insuring an event like Wimbledon because of the rain risk – premiums are understood to be in the region of £1.5m a year – additional pandemic insurance could easily have been brokered at a price that would have made it affordable and good value. It is understood the option was included in 2003 after the Sars outbreak left executives worried about what another, bigger pandemic could do to their revenues. While the building of a roof on Centre Court and No 1 Court has mitigated that risk significantly, pandemic insurance, known as communicable disease cover, actually predates both of those developments. Wimbledon has always had to be conscious of risk due to the enormous role adverse weather, specifically rain, can play in the championships. This rugby commentator has started broadcasting everyday life as a competitive sport.What to do if you want to pause your Sky Sports or BT Sport subscription.
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English cricket could restart with “bio-bubbles” to keep players safe.As i reported in March, it expects to refund all customers who bought tickets for the championships thanks to the deal. The All England Lawn Tennis Club has been open from the start about its confidence in its insurance policy. The pandemic has left administrators desperately searching for small print in insurance policies that could help them scrape back some of the cash lost in revenue, which is expected to total billions of pounds across the global industry.
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