Post Topic
Hotel, Resort and Casino Insurance
Hotel Property Insurance: 4 Reasons a Hotel Needs It
Murphy’s Law states that anything that can go wrong will go wrong. Perhaps nowhere is this more apt than in the hotel industry. Whether it’s a freak weather event, an accident, or criminal activity, a hotel property is always at risk of something going awry. Hoteliers should prepare for worst-case scenarios and surprise damage bills…
Will Inadequate Staffing Cause a Rise in Hotel Claims?
During the height of the pandemic, the hotel industry, as with other sectors, was forced to lay off and furlough thousands of employees as a result of government-ordered lockdowns and record-low vacancy rates. As the travel industry recovers, hotels are still struggling to recruit workers back to their properties. According to the latest U.S. jobs…
Hotel Insurance Q + A [Webinar Recording]
We enjoyed talking with insurance brokers during our latest webinar, a 30-minute session entitled, “Hotel Insurance – Primary, Umbrella and Beyond!” Our attendees brought the energy and the questions – over 25 questions were addressed in the webinar. Brokers, level up your defenses in this hard market. As one of the longest-running programs in the…
Boutique Hotel Insurance: The Coverages Clients Need
After coming for diamonds and J. Crew, millennials are now looking to shake up another industry — hotels. Millennials want authentic, local experiences best found in independent or boutique hotels. Due to demand, this hotel industry segment is growing fast, doubling its market size between 2013 and 2019 before taking a hit in 2020. For insurance…
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…
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…
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…
Surge in Hotel Bookings this Fall comes with Risks
If COVID-19 has taught us anything, it’s that being inside with lots of people is an easy way for viruses to spread. Hotels should take note of this, since according to the latest data from Tripadvisor, this fall is supposed to be the busiest season for hotels all across the country. And since fall is…
Be Cyber Smart! Tips from Cybersecurity Awareness Month
You visit Facebook and type in your password. Red letters tell you your information is not recognized. You attempt to reset your password but notice your account has a new and unfamiliar email address. It dawns on you all at once: your account has been hacked.