Parametric insurance dates back several decades. There was a need for more efficient and timely risk transfer mechanisms. A suitable parameter or index is any objective measure that is correlated to a specific risk and ultimately to a financial loss for the insured. This is a “measurable index” related to a “scenario”.
Is travel assistance insurance the next must-have for your hotel’s direct channel strategy?
Discover the story of a Canary Island hotel chain that increased direct sales 22% by offering travel assistance insurance as a unique direct booking perk.
mia welcomes Supreme Court judgment
The ruling could see thousands of policyholders paid out on previous claims for COVID-19 business interruption losses.
Bundling a portfolio to reduce onerous insurance requirements
Making hotel insurance simple, and saving you money in the process.
Hotel insurance: two professionals you need and why you need them
You should have a designated adjuster and a coverage attorney on your side to get the best result when dealing with complex claims on hotel and resort properties with lots of moving parts.
How to get the best deal on hotel insurance
While insurance is a complex topic with many intricate layers, the answer to this specific question is fairly simple – control the process.
Finding insurance coverage for acts of terrorism
The recent upsurge in worldwide terrorism is a mandatory reason for you to consider major security and insurance upgrades to your hotel.