Distinguished Blog - Market Insights
Market insights and industry news.
Hotel Primary Insurance: A Check-In to Success for Insurance Brokers
Ready to boost your expertise in Hotel Primary Insurance? If you missed our recent 30-minute webinar, “Hotel Primary Insurance: A Check-In to Success for Insurance Brokers,” don’t worry. You have the opportunity to learn game-changing sales strategies and insider knowledge that will set you apart from the competition. Hear from industry experts as they discuss…
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CDC Underestimates Health Risk of Lumber Liquidators Laminate
Things may have just gone from bad to worse for Lumber Liquidators—and the customers who have purchased and installed their flooring. According to new reports by the Centers for Disease Prevention (CDC), people exposed to Lumber Liquidators flooring are more likely to get cancer than previously suggested. The formaldehyde risk in flooring first came to light…
Managing Risk: Fitness Centers
Many of us have been there: We start a new diet and fitness regimen, and everything goes great…until we have to travel. And then we fall off the wagon. To prevent this wellness detour, guests increasingly are requesting fitness rooms and healthier menu options, and the hotel industry has been responding. The AP reports that…
Distinguished In The News
It’s been a busy month for Distinguished in the media. Earlier this month, our own Kellam Radford spoke with Rough Notes about the state of the construction market and what it means for insurance brokers and agents. He also offered some advice for the latter:
The Not-So-Hidden Value of Excellent Customer Service
Pretty striking numbers, aren’t they? The reality of customer service is this: There’s a danger of falling into a trap where customer service representatives view each interaction as only a task that needs to be completed. At Distinguished, we believe in treating each customer interaction as a chance to strengthen our relationship.
Hotel Franchise Requirements 101
Hotel franchisees spend countless hours considering the perfect location for their new business, but often neglect to take that same consideration when insurance enters the picture. But franchise agreements can be complicated, often requiring certain coverage enhancements beyond simple limit requirements. That’s where a limited-service hotel umbrella policy comes in handy.
Are Your Clients Covered for a Hotel Security Breach?
Hyatt reported earlier this year that the hotel chain suffered a massive data breach that affected about 250 of their hotels in 50 countries over the course of almost four months. Ouch. This Reuters article shows that this type of incident is becoming all too common in the hospitality industry, with Hilton Worldwide Holdings Inc.,…
Top 4 Market Insights from A Sales Guru
Our sales team serves as a valuable resource to the rest of our company, providing strategic insights from the field and news on industry trends. This is certainly the case with Brian McAlpine, an Associate Vice President, Regional Sales Manager, now in his 11th year with Distinguished. To stay on top of—and ahead of—changing market…
Introducing Distinguished Cellars
We’re excited to launch a new event series this year called Distinguished Cellars. What might a national insurance program manager have to do with a wine cellar? Well, nothing. Other than the fact that we appreciate and enjoy great food, wine, and reverie. It all started when Distinguished Group CEO Jeremy Hitzig, a wine enthusiast,…
How to Reduce Your Environmental Footprint 2016
News in the sustainability world: New York City’s most famed hotels are pledging to get greener. By doing so, these hotel owners have agreed to cut greenhouse gases from their buildings by 30 percent or more in the next decade. As New York mayor Bill de Blasio said, if Manhattan’s most iconic hotels can significantly…
2016: The Year of Cybersecurity?
As we think about trends for 2016—particularly those that technology will bring—there’s lots to be excited about: artificial intelligence and robotics replacing repetitive tasks, drones making deliveries, augmented-reality headsets enhancing our ability to visualize, along with several other trends mentioned in this recent BBC article. But, as technology guides us deeper into our mobile phones and…