Risk Management

HOTEL RISK MANAGEMENT

Vinca understands the importance in maintaining a successful and responsible hotel while reaching your bottom-line goals.  Our approach to Risk Management will create substantial value and provide meaningful savings because we go beyond traditional solutions.  We consistently work in tandem with our broker to serve as a claims advocate to ensure the best possible outcome for every claim, whether property or liability. To ensure you and your hotel are adequately protected, all general liability and property coverage are both loan and franchise compliant.

Due to the portfolio nature of our program, you will gain greater market access, lower your costs and achieve decreased deductibles. For specialty policies, Vinca Risk Management will work with our broker to tailor asset specific coverage to the exposure and client needs.  At Vinca Hotels & Resorts, we know Risk Management.

The foundation of our comprehensive property and liability insurance program includes the following coverage:

PROPERTY COVERAGE

  • Blanket Replacement Cost Coverage
  • Catastrophic Losses Coverage Including Earthquake and Flood
  • Boiler and Machinery Coverage
  • Business Income Coverage Including an Extended Period of Indemnity
  • Ability to Roll Properties On and Off the Program Mid-Term (Pro-Rata)
  • 24-Hour Claims Reporting.  Includes Claims Advocacy Provided by Crescent Risk Management and Our Broker
  • A-Rated Carriers

CASUALTY COVERAGE

  • Dollar One Coverage for General Liability, Liquor Liability & Auto Liability
  • Excess/Umbrella Insurance Coverage
  • Blanket Waiver of Subrogation—When Required by Contract
  • Broadened Contractual Liability Language
  • 24-Hour Claims Reporting.  Includes Claims Advocacy Provided by Crescent Risk Management and Our Broker
  • A-Rated Carriers
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