Casinos & Gaming, Hotels and Hospitality Risks

Commercial Insurance & Risk Management

Some key Insurable risks facing casinos, hotels, convention centres:
  • Counterfeit currency and casino chips; employee embezzlement; armed robbery; cyber theft; depositors forgery
  • Employment practices, including: sexual or workplace harassment; workplace violence; wrongful termination
  • Directors & Officers liability risks: oppression & unfairly prejudicial conduct with partners; unpaid wages or taxes; breach of contract; LP partners acting in GP capacity; failure to carry insurance; punitive damages
  • Employers liability, not insured under Workers Compensation
  • Cyber liability, theft and/or destruction of client money and personal data including credit card data
  • General liabilities such as slips, falls from alcohol intoxication and from use of internal or external premises; bodily injury from smoke or fire or swimming pools or general premises risks
  • Guest liabilities- damage to property
  • Fiduciary liability, including negligence or mismanagement of benefits plans
  • Business Interruption to casino and other operations, from external power outages, fire, flood, sprinkler release

Some key risk management services for casinos & hospitality risks:

  • Loss Prevention- Crime & theft- casino security procedures
  • Loss Prevention- Slip & Fall procedures, risk improvement
  • Contract audit- insurance carried by third party contractors
  • Liability claims- deductible level, cost benefit analysis
  • On-line 24/7 “risk knowledge centre” : policy documentation, claims procedures, claims forms, claims history, risk bulletins

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Directors Global can audit your program and rate your management of risk. Contact Us Now!