Great Point Launches Covid Insurance Scheme; UK Cinema Org Calls For More Government Support — UK Briefs

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UK Financier Great Point Launches Insurance SchemeUK financier Great Point is partnering with Oxford Risk Management Group to provide Covid-19 coverage, and with Reel Media to supply the underlying production insurance, to the film and television projects in which they invest.

Great Point says it has the capacity to insure $400M worth of production over the next 12 months. Any film or TV production which Great Point finances can access the insurance package, which is the first of its kind in the industry.

Key areas excluded by insurers since the pandemic began to unfold earlier this year, including Covid-19 cast illness, crew and other personnel illness and Civil Authority shutdown, will all be covered by the new product.

Read more on deadline.com
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