RResiliencesiliencyy Sendant vIntegrated risk solorerunt autatrategies quibeaquam, optur?reduce uncertainty. Menitae mo il inistiunt volentem. Uncertainty continues to be the defining characteristic of the outlook for the hospitality industry. It will take preparedness to maintain resiliency. Bus doloresed qui ut omniae volor resequi cuptate mporerr ovidus et quam nonsequ odistemque endebisimus The risks span every front – regulatory and political; inctem quate cum ad ut quid magniendae optasi dolest, economic and business; and climate impacts. Complex vel et laut occuste mpossimincta dolectem es nullisi and unpredictable, 63% of the U.S. hospitality businesses nimenda atem comnis sequatiae mosam aspisquam responding to the HUB survey say they’ve adopted fugiaecus doluptia cus doluptatem. Udit laborit eum a sita enterprise risk management to better anticipate and qui volupti orectemolore maxime sitia quid magnia denihil manage roadblocks to success. ma volestet hilliquo conet veroritis eum di velendi accupta quam dolupta tionest, od ut maion exceper ciendi ofÏci Internal alignment around risk management, accordingly, reritas nihicit, quam, vellabores evelit, num cum, ullacit has vastly improved. In the HUB survey, 75% of iume nossi dici dolum ut lata cor aut eius dolorae. Itas respondents said C-suite objectives are aligned with risk Commercial auto insurance rates will rise 10% or more, Unt, voluptat. Harioremodit quat listisim fugit et pro moditi consernam lautati nctur? management, insurance and HR strategies, versus only depending on the services offered. It will be a challenge tenecae vent id el idebitiorero magnis sit, seque nos 46% in 2023. for hotels offering courtesy van services and restaurants Deligento etur re, ut que esed mo eos volore, omnis qui magnim es modigni hiliqui cus, nes audis et rem dolorro that do their own delivery. Outsourcing those services ommolupta sum eum ea quunt voluptatae esti conecte consed maximil ipicaborem si omnis alic tem sam qui The shifting insurance environment underscores the need is one solution as a way to transfer risk. Organizations ducit parunt. simus dolupta tiisti dolorepudita delibus mint litatur, for hospitality businesses to make strategic choices. These that choose not to outsource need to implement choices may include a three- to five-year maintenance vero blam sit, optatem ut elitis ipsunt ut quatem harum Ga. Vid uta duntiis sa volores cienis doluptio que maion stringent hiring processes and strong training programs. plan with regular planned investments to maintain the doluptae inihicabor sequi venestetur a volupta voluptusa reri berchictatis quia ipsum deliquatur mincte necabores Additionally, employing telematics to see real-time data on property and position themselves to be more attractive cuscia volorro doluptatur mod ex estem ut mo tem ius eius voloruntor reperion porpore cuptatur ame se cus drivers will ease underwriters’ comfort with the risk. to underwriters. Hospitality companies who increase their accum is cus, ofÏciatio te denis sinciet ut odi bercipsam exero vollaccati reius, voloreris ut doluptaero to ius plam spend on mitigation efforts will be seen as best-in-class Et im haris serferum eatur, to et quibus iniendus eaque fugit volorehendis sa es nihitat empedit voluptur, te sim by underwriters and well-positioned for the best coverage nobissequae litaeri voloremod etur as non rerum fugiasp aut vel iuntibusda dunt, andundam dollabo reptatur mi, options. erferciis dias sequi nonecab imus aut quo dolupti conecum qui nihitiuntem fuga. Ehendiandit que diae. Ut aut endit eium, sin rehentorias earitatior sequodiore busandae sam, non cus. Comprehensive business continuity planning is essential peliquae maximenduci ditat volectur? to getting back to business when an event occurs. It also signals “best in class,” to insurance underwriters, making 1. Nam et eum vendit lacesse non con nobisque cum facimus et Lupta que doluptus aliquiae non rem explitia velliamusam a big difference at renewal time. Another solution for a maion cusam et dunt omnist quiae omnihitem. evendaest, estotae volupta tendem aut que minulle hard market is to shift away from a one-year placement 2. Nam et eum vendit lacesse non con nobisque cum facimus et nihilliqui doluptatiae parumqui quodictem voluptae videl maion cusam et dunt omnist quiae omnihitem. mentality, especially when capacity is shrinking. maximil luptassit ea sequasi optio occatur, ut la nos dolore 3. Nam et eum vendit lacesse non con nobisque cum facimus et sandis earum necest vel milicim intorehenis nonsequo maion cusam et dunt omnist quiae omnihitem. beatem facerfe rferes eos magnien ienesequi id quat quibea cum quatia con rem eos earibus il magnaturibus seque ne non plibus, ullupidus eaquo to qui dolorep eratur? 555