MP Bob Seely said: "The Isle of Wight is Britain’s festival island and the impact of COVID-19 on festivals and live events has been devastating.
"I have made the case several times to Ministers of the importance of events and festivals and I am delighted that this powerful select committee, which examines the work of the Department of Digital, Culture, Media and Sport, has agreed that we need an urgent investigation into what can be done to help festivals.
"I spoke to Julian Knight MP, Chair of the Committee, earlier this week about the importance of festivals and I have agreed to work with him and other MPs to press Government to ensure that festivals can begin to plan for next summer. This is likely to centre around the concept of Pool Reinsurance; additional insurance, which is then backed by Government. I want our festivals to be able to start planning for a new normal, secure in the knowledge that there is viable insurance should events have to be postponed for whatever reason.
"The Committee is inviting any interested parties to submit written evidence addressing the terms of reference that can also be found through this link.
"Written evidence will be accepted until Wednesday 9 December 2020.
"Please do submit your evidence directly to the committee on the link above and please also feel free to send your evidence to my office."