Placing coverage for a wide-variety of difficult-to-place hospitality risks, along with the binding authority to provide a quick turnaround on quotes.Contact Us
Liability exposures such as nightclubs and taverns with high liquor receipts, and the risks associated with eateries and hotels/motels can make it difficult to place cost-effective coverage. Our specialists in the hospitality and entertainment industry place more than $557 million in premium annually for a wide variety of difficult-to-place risks, along with the binding authority to provide a quick turnaround on quotes. In addition, we have access to carriers who can provide your clients with a complete commercial package that includes general liability, liquor liability, property and umbrella coverage.
As a company, we have built specialized solutions for unique problems, and our hospitality/entertainment practice uses the expertise of our London-based colleagues at THB Group to market on behalf of our U.S. retail clients. This gives our retail partners the assurance that we are using the full resources within the AmWINS organization to solve their clients’ problems.
The explosive growth of the sharing economy – businesses offering goods and services through digital platforms that match consumers and providers – presents tremendous opportunity for retailers to market insurance and risk management services to a new breed of businesses. However, the regulation of shared-services is complex, continuously growing and can vary at the state and local level. This article provides insight into the regulations and laws impacting insurance for this industry and key questions to ask when considering the right insurance program for your sharing economy customers.
The push for underwriting profitability continues to drive hardening in the property market. Conservative limit deployment, increased reinsurance pricing and loss creep continue to influence the property space. Wholesalers and retailers that specialize and collaborate are best positioned to succeed in our current marketplace.
Liquor liability is a complex coverage that is becoming increasingly difficult to procure, but with a proper understanding of the type of risk, venue and location, you can more effectively position your clients for success with underwriters.