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We specialize in underwriting a wide range of short-term insurance solutions
HIC Underwriting Managers
With a steadfast commitment to risk management across diverse industries, our primary objective is to support intermediaries. We do this by effectively identifying, mitigating and capitalizing on risks. By doing so, we aim to provide optimal solutions that align with your specific business requirements.
HIC specializes in providing a diverse range of commercial and industrial insurance solutions. These solutions consists of manufacturing, retail, motor fleets and conventional packages. Additionally, our niche hospitality products are tailored for hotels, lodges, conference centers, sports facilities, restaurants and bed and breakfasts. Our Accommod8 product is specifically designed to cover both residential and commercial sectional title properties.
Hospitality Insurance
HIC Underwriting Managers is an Authorised Financial Services Provider underwritten by Guardrisk Insurance Company Limited.
Our comprehensive hospitality insurance product encompasses a wide range of establishments. These establishments include hotels, boutique hotels, game lodges, conference and convention centers. Other establishments including Airbnb accommodations, private holiday homes and self-catering holiday homes.
Underwriting Management Agency
We service the short term insurance needs in the Commercial, Industrial and Hospitality sectors.
What is hospitality Insurance?
What is hospitality Insurance? Hospitality insurance refers to a specialized type of insurance coverage designed to protect businesses operating in the hospitality industry. This insurance typically includes a range of coverage options to address different risks faced by these businesses. Hospitality insurance serves the essential function of delivering financial protection and effective risk management solutions. Its primary goal is to empower these businesses with the confidence to operate while mitigating potential losses.
These establishments include hotels, boutique hotels, game lodges, conference and convention centers. Other establishments including Airbnb accommodations, private holiday homes and self-catering holiday homes.
Hospitality insurance covers property damage, liability, liquor liability, guest injuries, business interruption and more.
premiums for hospitality businesses are determined by property value, business size, location, claims history and coverage limits.
Hospitality insurance insurance provides coverage to protect against natural disasters and property damage. Coverage could involve reimbursing the costs of repairs, replacement or rebuilding, depending on the policy terms.
Importance
Hospitality insurance provides financial protection and risk management solutions for businesses in the hospitality industry. It offers a range of coverage options to mitigate potential losses resulting from unforeseen events, liabilities or property damage. Hospitality insurance ensures that businesses can operate with confidence, safeguarding their assets, reputation and financial stability. Additionally, it offers peace of mind to both business owners and customers.