Part 11/14:
Glastonbury’s insurance policies are comprehensive—covering liability, cancellation, artist non-appearance, and more. However, rising insurance costs attributed to extreme weather, high-profile incidents, and pandemic-related uncertainties pose financial challenges. The limited pool of underwriters and the growing risks associated with climate change have caused premiums to increase significantly.
These policies are vital; without adequate coverage, the festival’s financial viability would be at risk. Insurance terms often influence operational decisions—such as venue capacity, security staffing levels, and safety procedures—highlighting the delicate balance between operational freedom and risk management.