Although the covid-19 pandemic did make the hurdles for the hospitality sector harder, those challenges on a typical day aren’t as straightforward as they would appear on the surface. Numerous risk variables exist, and addressing them is what establishes a reputation in the field. Despite the fact that a wide range of problems arises every Read More
Owning and operating a hotel can be lucrative, but you may have to deal with numerous risks related to lodging, dining, employee mistakes, and amenities. Managing and controlling these risks is essential; otherwise, they can lead to expensive lawsuits and settlements, interrupting your business operations while causing financial losses. However, knowing the common risks in Read More
Hospitality insurance covers a wider range of risks than other business insurance policies. It’s typical for a hotel or motel to get a Business Owner’s Policy (BOP) and add other coverage. A dedicated hospitality insurance program might be the best way to go if your business is too big to be covered by a BOP Read More
Every year, over 40 million lawsuits are filed in America for many reasons. Any business can be sued by customers, partners, employees, and investors. The same applies to organizations that plan special events. It’s best to learn available insurance options and tailor a plan specifically for your event. How Can the RMS Insurance Hospitality Program Read More
For many people, bars, restaurants, and nightclubs are the go-to places for socializing, having drinks after work, or watching a game. However, these establishments are exposed to particular risks because they allow third parties into their premises and serve food and alcohol to the public. Poor food preservation, liquor serving practices, and unruly patrons can Read More