Delivering a memorable customer experience is the key driver for many companies in the hospitality industry. This product provides a comprehensive solution to the hospitality industry in the region and creates awareness for the needs of this industry.
The hospitality industry is facing today multiple risk management challenges, including:
- Property damage and business interruption
- Liability exposures
- Terrorism attacks
- Employee Wellbeing
- Climate & Natural Disaster Risks
What is the purpose of the product?
This industry-focused insurance offering, uniquely designed for the hospitality sector, aims to help companies to identify and quantify risk exposures, to simplify the insurance buying process through a “one-stop-shop” approach and assist in the cover selection process, based on the organization’s unique risk tolerance and budget.
Why we designed this tailor-made offering?
We developed this offer to simplify the buying process and to support the hospitality sector address a range of specific needs such as:
- Managing climate change
- Supporting employees’ mental health and physical wellbeing
- Using all available industry and peer data to properly quantify risk exposures
- Approaching risks with innovative and tailored solutions rather than the pure traditional ones.
What does the product provide?
The product is designed to offer a tailored offering with highly specialised coverages for various insurance lines, meant to serve our hospitality clients’ interests and changing needs. It reflects Willis Towers Watson’s continued dedication and commitment to delivering innovative and highly adapted offerings through an analytical approach and risk quantification. As a global risk advisor and broker, we have the expertise, team and connections to create the right solution for your business.
What does the product look like?