 Every day, the hospitality & gaming industry faces a new and growing world of risk. While travel and dining remain popular public pursuits, demand and consumer expectations have continued to expand with rapidly shifting demographics and the evolution of a global marketplace. Today's challenges not only include dealing with economic uncertainty and the correlated rising costs of doing business, technology advances, green development, and globalization, but also preserving value in a highly competitive environment, navigating the wave of new regulations, and motivating and taking care of employees.
Leading Expertise
Marsh's Hospitality & Gaming Practice is a global leader in providing risk consulting and risk transfer solutions in this industry. We serve clients across all sectors of this dynamic industry, from cafeterias and fast food restaurants to fine dining, and from bed and breakfasts to resorts and gaming facilities. Whether your challenges involve creating a lasting safety culture, managing the threat of foodborne illnesses, potential terrorist acts, security concerns, or other risk issues, Marsh can bring you cutting-edge insights and solutions in program design, placement, and service that can help you successfully manage risks.
Marsh's Risk & Industry Specialization
Marsh has developed a client service model that divides our professionals between both risk and industry specialization. Through specialization, our professionals are able to gain the depth of knowledge and skill that is essential to addressing the complex needs of companies that operate on the leading edge of growth. At the same time, our peer review process means that your company's risk treatments will have the benefit of the intellectual capital of the entire practice.
We deploy industry expertise through a group of dedicated industry practices, including one focused on the hospitality & gaming industry. These practices consolidate and channel their national and global industry experience and expertise to support local client service teams and deliver value to clients of any size and in any region. Our industry experts augment the knowledge base of our local teams, making our global reach a local reality.
Our Commitment to the Hospitality Industry
Marsh's Hospitality & Gaming Practice was formed to support our strong commitment to serving the needs of our hospitality & gaming clients and has earned its reputation as a leader by thoroughly understanding industry issues and executing on the design and delivery of effective risk management solutions. Our successful experience serving clients in this industry is evidenced by the following:
Insurance-Market Strength
Marsh is the world's leading provider of hospitality risk management solutions placing in excess of $355 million in insurance premiums in 2007 on behalf of our U.S. restaurant and hospitality clients and over $1 billion in total hospitality insurance premiums worldwide.
Client Experience
Marsh's client list includes more than 475 U.S. hospitality & gaming companies. Such depth and breadth of experience allows us to develop industry-leading, cost-effective solutions.
Depth of Expertise
Marsh has hospitality & gaming focused resources locally, regionally, nationally, and globally, comprising a global network of more than 500 risk management professionals who work daily with clients in your industry. These resources are not limited geographically, but are part of an electronically connected worldwide industry knowledge network.
Marsh's "borderless" internal structure and culture supports a collaborative work environment and encourages our local offices to reach throughout Marsh's global network to ensure the right resources are brought to bear on each client’s needs without sacrificing any of the personalized service and attention of local representation.
Industry Presence
Marsh holds memberships in the American Hotel & Lodging Association (AH&LA), the National Restaurant Association (NRA), the National Indian Gaming Association (NIGA), the International Franchise Association (IFA), the Women in Foodservice Forum (WFF), the Asian American Hotel Owner's Association (AAHOA), and Jan Schnabel, Restaurant & Hospitality Practice Leader, is a guest speaker and sits on the Cornell University Center for Hospitality Research Advisory Board. This direct involvement in the industry at the local, state, national, and international levels gives us the overall perspective needed to help develop quality solutions for your organization.
Marsh Differentiators
Significant experience and dedicated expertise in your industry segment are what sets Marsh apart from the competition. One of the most fundamental values we bring to our hospitality and gaming clients is our expertise in understanding how business issues translate into risks and providing innovative solutions to help you manage those risks. This specialized approach allows us to offer you the individual, tailored attention needed to solve a wide range of exposures within your organization’s risk profile.
The challenges and opportunities confronting hospitality and gaming companies today are as varied and dynamic as your operations, and now, more than ever, there is unprecedented competition from outside and within your segment of the industry. We understand how important it is to have a trusted broker and risk advisor that is knowledgeable about your industry and the risks you face.
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December 15, 2011 | Views: 575 | Comments: 0 |
Our final Hospitality newsletter of 2011 covers OSHA regulations, property and business interruption coverage, and more. >>
November 17, 2011 | Views: 1045 | Comments: 0 |
In this report, we outline steps retailers should take before, during, and after a flash mob event. >>
September 23, 2011 | Views: 478 | Comments: 0
We outline several factors that may determine liquor liability exposure, and review the importance of purchasing liquor liability insurance coverage. >>
April 05, 2011 | Views: 271 | Comments: 0
In this issue: The New Food Safety Modernization Act, The Fair Credit Report Act's "Red Flags Rule", preparing for and managing complex claims, and more. >>
April 02, 2007 | Views: 762 | Comments: 0 |
A glossary of terms related to the hospitality industry. >>
September 23, 2011 | Views: 559 | Comments: 0 |
Many insureds think mold claims will be covered under their property or liability coverage, but when it comes to mold environmental insurance is often necessary to f... >>
September 23, 2011 | Views: 389 | Comments: 0
We discuss how key changes to the newly revised Americans with Disabilities Act Title III regulations will affect the hospitality industry. >>
August 26, 2011 | Views: 349 | Comments: 0
FACS worked with the client’s senior executives on the quantification of damages and the presentation to insurers under its builders risk and operations insurance policies. >>
March 31, 2011 | Views: 738 | Comments: 0
Marsh Risk Consulting (MRC) has created Platinum Plate Protocols to assist organizations, both foreign and domestic, in their efforts to comply with the FDA Food Safety Modernizati... >>
March 29, 2011 | Views: 1026 | Comments: 0
In response to public health concerns, on Jan. 4, 2011, President Obama signed the FDA Food Safety Modernization Act (FSMA) into law, requiring that the U.S. Food and Drug Administ... >>
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Views: 539 | Comments: 0 |
Marsh’s Hospitality & Gaming Practice offers a wide range of services. Outlined below are programs developed with our hospitality clients in mind. While this does not represent an ... >>
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Marsh provides unparalleled expertise and experience in promotional risk management to help clients manage the risks associated with marketing promotions. >>
Views: 2196 | Comments: 0 |
The Benchmarking Portal's rapidly growing database contains information on nearly 115,000 insurance policies covering $US75 billion in premium placements. >>
Views: 2803 | Comments: 0 |
CS STARS LLC supports comprehensive risk management, enterprise risk management and compliance and safety management. >>
Views: 737 | Comments: 0
Workers' compensation costs continue to be a dominant factor in the total cost of risk for hospitality firms, having a direct impact on their bottom line. In response, Marsh Risk C... >>
Views: 815 | Comments: 1
A group captive offers an alternative insurance structure for companies in several industries. >>
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Marsh 3D is our dynamic service process, embedding powerful analytics and tools to help maximize the impact we can have on clients' risks at every juncture. >>
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October 27, 2011 | Views: 597 | Comments: 0 |
Organizations with interests in areas affected by Rina should continue to monitor local news and advisories from the Mexican Secretariat of Governance and local agencies. >>
March 14, 2011 | Views: 1217 | Comments: 0 |
Multinational companies are demanding greater adherence to insurance and premium tax compliance regulations, as they face enhanced scrutiny from governmental bodies. >>
March 11, 2011 | Views: 1122 | Comments: 0 |
The global regulatory environment has hanged substantially, particularly in relation to insurance requirements and premium taxes changes. >>
March 07, 2011 | Views: 866 | Comments: 0 |
The Food and Drug Administration can now conduct risk-based inspections of food processing facilities and require food producers to have food safety plans in place and updated ever... >>
January 18, 2011 | Views: 617 | Comments: 1 |
The hospitality & gaming industry has been particularly hard hit by the U.S. bedbug infestation that began last year. >>
November 19, 2010 | Views: 1096 | Comments: 0 |
Soft commercial insurance market conditions are expected to persist through the fourth quarter of 2010, according to preliminary rate information published last week by Marsh. >>
November 09, 2010 | Views: 697 | Comments: 0
The U.S. bed bug infestation has now affected a multitude of industries, including hospitals, campus dormitories, homeless shelters, public transportation, retailers, movie theater... >>
October 26, 2010 | Views: 826 | Comments: 0 |
The food and beverage industry has recently seen an increase in enforcement efforts by environmental and occupational health regulators. >>
September 27, 2010 | Views: 579 | Comments: 0
A resurgence of bedbug infestations across the U.S. has become a growing concern for homeowners and commercial businesses nationwide. >>
June 14, 2010 | Views: 1704 | Comments: 0
A recent ruling by the U.S. District Court for the Southern District of New York, in which the court awarded $250 million in punitive damages in an employment practices liability (... >>
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November 16, 2011 | Views: 742
Marsh urges retailers to have plans in place to address the risks associated with flash mob events. >>
April 27, 2011 | Views: 2586
Global Insurance Markets Under Pressure as Atlantic Hurricane Season Approaches
Despite record level first-quarter catastrophe losses, insurance rate increases were confined to lo... >>
March 07, 2011 | Views: 915
As employers seek to manage escalating workers' compensation claims costs, Marsh will hold a one-hour Webcast on March 9 at 11 a.m. Eastern Time to explore the benefits of an integ... >>
February 17, 2011 | Views: 1317
Risk & Insurance® magazine has named 46 Marsh colleagues as Power Broker® winners and finalists in its annual issue recognizing the industry’s best for their creativity, problem-so... >>
February 01, 2011 | Views: 696
Companies are re-assessing the adequacy of their insurance coverage and risk management arrangements in the wake of political unrest in Cairo and other cities across Egypt, accordi... >>
January 26, 2011 | Views: 1304
Soft commercial insurance market conditions persisted throughout the United States in 2010 and are poised to continue into 2011, according to a comprehensive report published today... >>
January 12, 2011 | Views: 824
The financial crisis has drained the world's capacity for dealing with shocks. The frequency and severity of risks to global stability have amplified, while the ability of global g... >>
April 07, 2010 | Views: 492
Earlier today, Colorado State University's (CSU) Department of Atmospheric Science issued an updated forecast of the 2010 Atlantic hurricane season. In 2010, CSU predicts an above-... >>
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