NZ government extends insurance scheme for large events

An Insurance Business Magazine article.

The New Zealand government has extended the Events Transition Support Payment scheme (ETSP) until Jan. 31, 2023, and expanded it to include business events.

The scheme, which was first announced in November, covers up to 90% of costs incurred by organisers for COVID-19-related cancellation of events with more than 5,000 attendees. New Zealand’s recent shift to the COVID-19 red setting has caused numerous events to be cancelled.

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