Post Topic
Hotel, Resort and Casino Insurance
How to Be Prepared for Cyber Monday Hacks
Cyber Monday is the appointed day when people frantically shop online for the best deals in time for the holidays. Everything from TVs, phones, and laptops to mattresses and appliances are promoted as being available at the lowest price all year. According to Adobe’s yearly shopping insights report, retailers reported a whopping $12 billion in…
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…
Hotel Umbrella FAQ: Why Is Distinguished’s Master Policy Effective Date Different From The Insured’s?
Distinguished’s Hotel Umbrella Insurance program offers high-limit protection tailored to the unique needs of hotel properties. With coverage extending to over 20% of the nation’s hotel rooms, Distinguished brings unmatched expertise and stability to the table. Hear from Umbrella Underwriter, Ami Scribner, as she delves into a common Hotel Umbrella question: “Why is Distinguished’s master…
Cyber Liability Insurance: A Quick Rundown from Distinguished
In 2023, the largest risk to global business wasn’t supply chain issues, energy shortages, or climate change — it was cybercrime. Cybercrime has quickly become a global menace for businesses that will cost companies an estimated $9.22 trillion in 2024. Due to this growing vulnerability, it’s more important than ever that businesses and organizations protect…
Hotel Umbrella FAQ: Does Distinguished cover stand-alone casinos?
Distinguished’s Hotel Umbrella Insurance program offers high-limit protection tailored to the unique needs of hotel properties. With coverage extending to over 20% of the nation’s hotel rooms, Distinguished brings unmatched expertise and stability to the table. Hear from Umbrella Underwriter Jason Simering as he delves into a common Hotel Umbrella question: “Does Distinguished cover stand-alone…
Why Cyber Insurance Is Critical for Limited-Service, Franchise Hotels’ Business Continuity
Hotels are favorite targets of cybercriminals, who are upping their game with increasingly sophisticated tactics to breach and shut down networks, demanding a ransom to get a system back online, and duping employees into providing confidential data and wire transfer of money. According to Cornell University and Freedom Pay research, 31% of hospitality providers have…
Hotel Insurance Built for the Nashville Area
Nashville, Tennessee, also known as the Music City, attracted nearly 15 million visitors in 2022, each contributing to the city’s vibrant hospitality industry. With visitors spending an estimated $621 per person per visit, the city’s hotels play a pivotal role in accommodating tourists and providing memorable experiences. In 2023 alone, Nashville’s hotels sold close to…
Hotel Umbrella FAQ: Why does Distinguished care about third-party vendor activities?
Distinguished’s Hotel Umbrella Insurance program offers high-limit protection tailored to the unique needs of hotel properties. With coverage extending to over 20% of the nation’s hotel rooms, Distinguished brings unmatched expertise and stability to the table. Hear from an Umbrella Underwriter, Jen DiBerardino, as she delves into a common Hotel Umbrella question: “Why does Distinguished…
Staying Afloat in the Umbrella Insurance Market: Why Program Stability Matters for Hotels and Resorts
The ever-shifting landscape of the Umbrella market presents a formidable challenge, with rate adequacy taking center stage. Larger carriers, seeking higher returns, have been consolidating and scaling back on the capacity they offer. What was once commonplace as $25 million limits in a tower has dwindled to a mere $15 million or even less. Furthermore,…
Online and Convenient: Distinguished’s Express Hotel Umbrella Insurance
Most hotels are not the Ritz Carlton or the Four Seasons. They do not have golf resorts, spas, or flashy amenities you see on social media. In fact, around 70% of hotels in America fall outside the luxury or high-end scales altogether, offering more basic amenities and comforts to their guests. These kinds of hotels…