The IPO has been working hard
with the insurance sector in an effort to motivate Government to establish an
industry Pandemic Insurance Indemnity Fund, as several countries around the
world have done, in an effort to reboot the industry. Without pandemic insurance
cover, it is not possible to get a full completion bond, without which it is
almost impossible to secure financing for your project and get into production
or which leaves the producer carrying enormous risks if you do.
We need your urgent assistance to
get comprehensive industry information to substantiate the facts and figures in
our proposal, and provide a compelling case to government. If you had, or might
have, a production that is unable to commence or to finalise funding due to a
lack of pandemic insurance, PLEASE complete this quick survey, and return it
by Monday 26 October.
Link to the Survey: https://forms.gle/QfmxKkCZRCQRJBFG8
Please note: because we
anticipate your possible reluctance to share what may be perceived as
confidential information with the IPO, this survey will be returned to
and coordinated by an independent 3rd party, the South African Insurance
Association. No individual responses will be assessed, only global totals will
be assessed and factored into the proposal. We urge you to participate
- we don't want to understate the industry's need to government, which will be
detrimental to the entire industry value chain. Your small investment of time
and information is vital, please.
There is space for 4 productions
affected by Lockdown and 4 productions planned from October 2021, if you need
to report additional productions please put the details in the Comments section
at the end. Please also share the survey with producers who are not IPO
members.
We thank you for your
participation in the vitally important industry survey. Any queries can be sent
to administrator@ipo.org.za or IPOPandemicSolution@saia.co.za
