Distinguished Blog - Hospitality & Restaurants
Market insights and industry news.
Cyber Liability Insurance for At-Risk Industries
Seeking protection against cyber risks? Watch our specialists in this informative panel discussion to discover more about Cyber Liability insurance. Discover the importance of having comprehensive coverage, understand the different types of cyberattacks, and learn best practices for preventing them. Learn how to sell Cyber Liability insurance for community associations, hotels, and restaurants. Don’t miss…
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Hotel Insurance Costs and Coverages for Brokers
Coverages and costs. When it comes down to brass tacks, this is what matters to the insured. They want to know that their hotel insurance will cover them when they need it to and won’t cost them a small fortune. You need to put hotel insurance coverages and costs in perspective, so you can answer…
Cyber Liability Insurance: A Quick Rundown from Distinguished
This Article Highlights: In 2022, a panel of risk management experts declared cyber incidents the biggest threat to businesses worldwide. It beat out natural disasters (25%), pandemics (22%), and even supply chain disruptions (42%). It’s no wonder that 75% of businesses today have cyber liability insurance to protect themselves in case their businesses fall victim…
9 Restaurant Insurance Exposures You Need to Know
Restaurants face several exposures, including those that all businesses face and others specific to the industry and their operation. Restaurant insurance claims stem from property, liability, cyber, crime, and employment practices-related exposures. The key is to ensure the right insurance program and protocols are in place to transfer and mitigate these risks. PROPERTY RESTAURANT INSURANCE…
5 Reasons You Need Distinguished Restaurant Insurance
Distinguished is your one-stop shop for restaurant insurance needs. Watch this quick 1-minute video above highlighting our comprehensive coverage. Or read below to learn more: Reason #1: One-Stop Shop for Restaurants Distinguished offers Property, General Liability, Liquor Liability, EPLI, Umbrella, Cyber, and other product enhancements. You’ll be able to provide exclusive protection from an A+…
14 Ways Hotels Can Mitigate Risk at Onsite Gyms
Accidents will happen… and they can happen at hotel gyms if proper precautions aren’t in place. Some of the worst injuries happen in workout settings. A guest trips over a kettle ball left on the floor while someone else tries yoga and sprains their back. So how can hotels mitigate risks at their onsite fitness…
How Much Does Restaurant Insurance Cost?
Restaurants require protection against many different types of hazards. To address their various risks, General Liability, Commercial Property, EPLI, Cyber Liability, and Umbrella Liability are just some of the coverages that should make up a restaurant’s insurance program. But how do insurers determine the restaurant insurance cost? The cost of a restaurant insurance program depends…
Hotel Cybersecurity Best Practices
In 2018, after detecting suspicious activity in the reservation database of a Marriott hotel company, security investigators discovered two forms of malware. Hackers had used one program to access the hotel computer system and another to surf its memory for valuable data. The massive security breach stole private information like passport numbers and credit cards…
Ghost Kitchens Insurance Package… A Closer Look
Ghost kitchens, also known as “cloud” or “virtual kitchens,” are cooking facilities chefs and restauranteurs can lease. There are no dining rooms, seats, tables, waiters, hosts/hostesses, cashiers, or patrons. As one publication described them, ghost kitchens are sort of the “We Work” for chefs. In essence, they are physical spaces for operators to create off-premises…
A Closer Look into Primary Hotel Insurance Benefits
Distinguished has been in the hotel insurance business a long time, protecting more than one million of the nation’s hotel rooms with our Umbrella Program. Over the years, we’ve added General Liability (GL), Commercial Auto, and Cyber Liability to our product lines to address and respond to the various exposures hotels face. Now hotel insurance…
Cyber Rates Are Going Up, but Purchasing Coverage Is More Important Than Ever
While many of the cyberattacks that get press are against high-profile entities or organizations, all types and sizes of business, including hotels and restaurants, are vulnerable to the sophisticated methods utilized by today’s cybercriminals – from phishing to ransomware and scareware tactics. Additionally, cybercriminals have upped their game with attacks rising consistently over the last…