Every two weeks, The Competitive Set serves up the freshest trends in the insurance market—seasoned just right for hospitality owners, operators, and investors. Curated by the fantastic Jackson Granstaff, National Hospitality Practice Leader, this isn’t your average snooze letter.
You can subscribe to it on LinkedIn.
Here’s a quick look at what’s trending in the latest issue:
After years of volatility, we’re seeing some relief in the property insurance market. Rates are holding steady—or even decreasing by up to 15% for well-managed properties. That means now is the time to highlight your recent upgrades, ensure your risk profile is competitive, and shop your coverage for potential savings.
Legal expenses and liability claims are on the rise. But forward-thinking operators are staying ahead of the curve with proactive risk management and creative policy structures that help mitigate costs. If you’re not reviewing your liability strategy, you could be leaving money—and protection—on the table.
The EPL market is easing, and premiums are becoming more favorable. This is a prime opportunity to lock in improved coverage—before market conditions shift again. If your workforce has grown or changed significantly, now’s a great time to reassess.
If you’ve invested in strong cybersecurity or improved corporate governance, insurers are offering deep discounts—especially when Cyber and D&O coverages are bundled. These savings can add up quickly and bolster your overall risk profile.
Whether you're expanding your portfolio or tightening operations, staying informed on insurance trends can make a real impact on your bottom line.
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Or, if you're ready to put strategy into action, contact us for a complimentary review of your current insurance program.