The Hotel sector has been hit hard by COVID-19 with many unable to operate in a meaningful sense. Our approach is therefore to talk about the risks that Hotels face in their day to day operations, and detail how we can help to mitigate these risks before we ask insurers to price them.

It is easy to see that Covid (or a Covid-like pandemic) will be high on a Hotel’s risk register for years to come. But risks such as slips, trips and falls have not gone away and the Cyber risk is as present as it has ever been.

Standard Covers

The hotel industry is diverse. Hotels can have just a few rooms or they can have hundreds. Accordingly, hotel insurance policies are usually composite, consisting of several core covers and a variety of industry-specific and optional covers. Insurers will typically include the following covers in their core hotel policies:

  • Buildings
  • Contents
  • Employee protection
  • Business interruption
  • Business liability
  • Legal expenses

Optional Covers

Core covers may be supplemented with substantial optional covers to accommodate the various members of the hotel industry. Many of these optional covers are specific to the industry. This list is only a small sampling of the available optional covers:

Cost of obtaining alternative accommodation for guests

Guests’ and customers’ personal effects and valuables

  • Full theft
  • Loss of attraction
  • Environmental liability
  • Notifiable disease cover
  • Subsidence
  • Computer breakdown
  • Equipment breakdown
  • Employee theft
  • Contractors’ all risks
  • Terrorism

Contemporary Leisure Covers

Traditional insurance covers have progressed over time to more modern day matters and Arden can provide cover for:

  • Employee Protection and Fidelity Cover, to include:
  • Road Rage
  • Air Rage
  • Aggravated Burglary
  • Stalking
  • Commercial Employee Fidelity
  • Ransom Demands
  • Claims Preparation Costs
  • Company Function and Conference Cover
  • Lottery Cover

A bespoke policy is best to make sure your specific risks are acknowledged and minimised. We can tailor a policy that fits your individual needs.

To find out more about our Services please contact our team today on T. +44 (0) 203 857 5373 or fill out the form below: