Insuring Your Hotel
Underwriting Managers for Hotels is a highly competitive insurance and risk management solution for hotels and hotel management companies.
Who It Covers
The Underwriting Managers for Hotels program provides all lines of coverage specifically for:
- Boutique Hotels
- Hotel Management Companies
- Premier and Full Service Hotels
Typical operations include:
- First Class Lodging
- Fractional Ownership / Rental Pool Properties
- Country Club / Golf Course Operations
- Restaurant / Lounge
- Conference Facilities
- Full Service Salon / Spa
- Fitness Center
- Pool / Beach
- Retail Store / Pro Shop
What It Offers
Coverage includes:
- Property – limits up to $750 million per location
- Crime
- General Liability
- Commercial Auto
- Liquor Liability
- Cyber Risk & Privacy Liability – limits to $2 million
- Umbrella Liability – limits up to $50 million
Features
The Underwriting Managers for Hotels program provides:
- Access to multiple insurance companies
- Highly-competitive rating structure
- Enhanced coverage forms, including outdoor property, golf courses, tennis courts, trees, bridges, etc.
- Added catastrophic (CAT) capacity
- Ability to handle multiple locations
- Access to large deductible and SIR alternative structures
- Flexibility to handle management companies with M&A properties
- Risk Management services designed for lodging operations
Risk Management Services
The Underwriting Managers program features a risk management service provider enabling insureds with Enterprise Risk Management (ERM) tools and access to:
- Experience – underwriters average 15+ years with hospitality
and lodging risks - 24/7/365 Claim Reporting – anytime access via web, phone or fax
- Lodging Specialists – loss control consultants with 15+years experience with multi-location and resort property exposures
- Best Practices – learned from 7,000+ hospitality loss control visits
- Stability – access to an A.M. Best “A+” rated carrier
- Red Cross Safety and Emergency Preparedness Resources – superior risk control resources, award recognition programs for lifesavers and discounted products and training