Market Insights

The hospitality insurance market remains divided. Property insurance offers increased capacity, broader coverage and rate reductions, while casualty insurance continues to face pressure from social inflation and tightening underwriting standards. Emerging risks such as THC beverage liability and cyber threats are adding new complexities for hospitality operators as they navigate an evolving risk landscape.

The casualty insurance marketplace continues to be driven by a host of challenges. Claims frequency and severity have propelled long-standing programs out of business and forced key E&S players to re-think their strategy in both the real estate and hospitality sectors. The similarities between the two don’t end there.

While property rates have stabilized, we've seen significant dislocation in the casualty market over the past 12-18 months. Learn more about the issues facing the hospitality industry and what's necessary to secure coverage for your clients' more challenging risks.