Tag Archives: Brand Protection Insurance

Hospitality Industry Insurance Solutions: "Hotel Reputation" Insurance Policies Can Now Provide Hotel Owners With Protection For "Brand Damage" From Guest Injuries, Food Poisoning And Health Risks"

The Hotel Reputation Protection 2.0 policy will protect hotels against a range of common causes of brand damage such as death or permanent physical disability of a guest, food poisoning and outbreaks of Norovirus and Legionnaire’s disease.

 The Willis-Kiln product will provide cover for lost revenue based on RevPAR figures. RevPAR is a performance metric used in the hotel industry to measure revenue per available room. The policy will also cover the cost of hiring a crisis management consultant following a potentially reputation damaging incident. Laurie Fraser, global markets leisure practice leader for Willis, said: “In the extremely competitive hotel industry, reputation accounts for approximately 30-40% of a business’s overall worth.

 Read more: http://www.insuranceage.co.uk/insurance-age/news/2116523/willis-kiln-launch-protection-policy-hotels#ixzz1aZw3mowj Insurance Age – Serving the broker community. Claim your free subscriptions today.

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Filed under Food Illnesses, Guest Issues, Health, Injuries, Insurance, Liability, Management And Ownership, Risk Management