The Horserace Betting Levy Board has stepped in to provide financial support to an insurance scheme for British jockeys.
UK.- The Horserace Betting Levy Board (HBLB) will contribute to the career-ending injury insurance scheme for British jockeys which found itself without funding at the end of November.
The board has stepped in with an £80,000 grant to allow the insurance scheme to continue for another six months until new funding can be secured.
Further funds will be contributed by the Professional Jockeys’ Association (PJA), which operates the scheme for its members.
The PJA is looking for a longer-term sponsor or other funding from the sector after the scheme lapsed in November. It has been unable to find funding due to the economic impact of the Covid-19 pandemic.
PJA chief executive Paul Struthers said: “The PJA has now committed close to £500,000 out of our own reserves to keep our jockeys covered for the last two years and our members can now be assured that they are covered for a career ending injury for the next six months whilst we try to find a sustainable, long-term solution for this vital scheme.”
HBLB chairman Paul Darling said: “This scheme has been in place for almost 10 years, paid for by commercial sponsorship and contributions from jockeys. It provided a critical safety net for jockeys, for whom the risk of serious injury is part of everyday normality.
“It is essential that fresh funding is found to continue this scheme and I am sure that racing organisations will play an active part in ensuring that the scheme is continued.”