Navigating Your Next Steps Navigating Your Next Steps HUB construction insurance, risk management and employee benefits HUB entertainment and sports insurance specialists will work with you to specialists will work with you to develop a tailored strategy that will protect develop a tailored strategy that will protect the bottom line, support your the bottom line, support your workforce and build resiliency for 2025. Here workforce and build resiliency for 2025. Here are some initial considerations: are some initial considerations: Making risk management a pillar of your organization’s culture Making risk management the centerpiece of your organization’s Develop a can help identify exposures and develop response plans in case Develop a culture can help identify exposures and devise the right 1 comprehensive of any type of incident, whether that is a weather-related event, comprehensive response in the case of an incident. Work with a broker with 1 risk plan. a threat of physical safety or a cyberattack. Make sure your risk plan. deep industry expertise to approach risk strategically and broker understands how to approach risk and can identify gaps identify gaps in your insurance program. in insurance that could disrupt your daily operations. Entertainment and sports companies are in the midst of a labor To compete for a shrinking pool of skilled labor, personalized benefits Create a shortage, but those with a benefits strategy based on personalization Create a based on HUB Workforce Persona Analysis and data analytics can personalized and fostering a quality employee experience (QEX) will boost personalized help your company differentiate itself from the competition. Creating 2 benefits engagement, have an advantage in recruiting and retaining talent 2 benefits a quality employee experience (QEX) will boost engagement, improve strategy. and lower risk. Work with your broker to identify employees’ needs to strategy. recruitment and retention and promote worker wellbeing create a personalized benefits strategy. An incident can devastate an organization’s reputation. Work Remain Safety is already the focal point of your operation, but with Rely on your with your broker to reduce risks and develop strategies to focused on an influx of new and less-experienced workers, injury risks 3 partners in a mitigate exposures. And take advantage of your carrier’s 3 workplace increase. Work with a risk professional to review your safety crisis. expertise if an event occurs — they may be able to assist with safety. program at least annually and address any issues. legal counsel, crisis management and digital forensics. Consistent communication with your broker will help identify Stay in contact with your broker and let them know about and mitigate issues in advance of the next renewal and position Be transparent changes to the business to eliminate surprises at renewal. Be transparent your organization in the best light. Review exposures and with your Review exposures and insurance needs at least 90 days prior 4 with your insurance needs at least 90 days prior to policy renewal to 4 broker. to policy renewal to allow your broker to find the optimal broker. allow your broker to find the optimal mix of coverage for your coverages for your organization. organization’s needs. 7 7
