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You’re here because you’ve realized you need event insurance and have questions. . This guide will walk you through everything you need to know: Why you need event insurance. The different types of event insurance. The cost of event insurance. And even obtaining a certificate of insurance for the event. .
Though the return to travel continues to ramp up for planners and other business travelers, all is not back to normal, at least not yet. Read More : How to Prepare for the Next Crisis: Event Insurance Tips. Travel insurance may be the answer. Read More : 4 Trends Rocking Financial and Insurance Incentives. Since Oct.
Experts offer tips and ideas for meeting professionals As the year slowly comes to a close, many financial and insurance meeting planners may be thinking about what they should be keeping on their radar. That is the question planners could be asking themselves. Off-Site To host your event on or off-site?
As more planners and partners in hospitality and tourism incorporate sustainability into their business models, it becomes a need-to-have, rather than a nice-to-have. And once establishing an understanding of the intersecting elements of sustainability in this way, it offers some actionable steps planners can take to be part of the solution.
How the gig economy is impacting the events industry In honor of Labor Day, Smart Meetings chatted with Tracy Judge, founder and CEO of Soundings , to get the latest scoop on the trends currently emerging within the freelance meeting planner gig economy. SM What types of freelance meeting planner roles are most in demand?
Three weeks after Hyatt Corporation confirmed that it would cut planner commissions, thereby following the lead of three other large hospitality companies, Meeting Planners Unite held its first conference in Washington, D.C. More : The Independent Planner’s Guide. Affordable Resources. Augmented Income Streams.
How liable are planners when disaster strikes? What can planners do to protect themselves? That is why he strongly recommends planners include indemnification clauses in their contacts, ensuring hotels and third parties take on as much of the risk as possible. Too many planners don’t adhere to a venue’s guidelines.
Smart Meetings spoke with Ari Schwartz, former senior director of cybersecurity at the White House (he worked on technology policy during the Obama administration), and current managing director of cybersecurity services for Venable Cybersecurity Risk Management Group , to discuss best security practices meeting planners should consider in 2023.
Equipment Insurance. Some companies will require you to maintain an insurance policy equivalent to the cost of the equipment rental. In addition to equipment insurance, liability insurance protects you, your employees, and guests during the event. Understandably, equipment breaks or disappears during your rental period.
Especially for autumn events in the Southeast and winter events in the Midwest, planners should understand the current market for cancellation coverage. As a result, it’s best for meeting planners to obtain cancellation insurance right after they sign their venue contracts for events set to happen in a destination’s storm season.
Meeting planners are needed more than ever. The American Hotel & Lodging Association (ALHA) reported that an estimated 67% of hotels are experiencing staffing issues and shortages, and 68% of planners are new to the meetings industry since COVID. Planners may also want to consider disability as a factor. “We Is it race?
And this causes planners to not be as creative, forward-thinking, or successful as they could be within the scope of event sponsorships. Taylour Miller from United Planners Financial Services is our special guest on this week’s #EventIcons. These owners range from retirement to insurance, investments, and more.
Meeting planners and participants are looking warily at the website FlightAware and noting the scores of cancellations in the United States alone on a daily basis. Read More : Flight Cancellations by the Thousands—Does Your Travel Insurance Cover the Cost? ” Read More : Healthy You: Biohacks for Planners.
And when there are hiccups in the future, planners and suppliers will know how to handle it together. That has lead some planners to create robust force majeure cancellations clauses, but he warned that they could be as much a risk as a cushion to events. There’s been a lot of bumping of meetings and events, Dominguez reported.
The guidelines elaborate on collaboration tactics among businesses, destinations, venues and meeting and event planners, highlight the gaps in accessibility knowledge, experience and service in the industry, and highlight the importance of creating respectful and accessible environments and more.
In March, Financial and Insurance Conference Professionals (FICP) launched a new virtual education series, FICP Chats, to confront the most challenging parts of the hybridization of the event industry. The Event Tech Resource Guide for Planners. Here’s what will work smart, for you. FICP Chats Answers Your Q’s about Hybrid.
She shared the results of a recent survey of event planners about the trends that will impact events in 2022. An event platform is an insurance policy,” said Leary-Perez with a wink. Meta-agency. The Metaverse isn’t so much about playing 3D poker with Mark Zuckerberg,” Leary-Perez said.
Networking Receptions Don’t Cut It And that’s one of the places where planners operate on a premise that does not align with attendees’ interests: Fifty-five percent of event organizers rank after-hours activities, like networking receptions, as their top networking opportunity, but only 34 percent of attendees said that interests them.
According to a recent newlywed report , of all the couples getting married in 2019, 27% of them will hire a wedding planner. Which explains why love birds are paying an average of only $1,850 on a wedding planner for their big day. How much does a wedding planner cost on average? Wedding planner service options 1.
While a live shooter may be what comes to mind first when considering worst-case scenarios, today’s planners also have to be on the lookout for a mistimed social media post or optics that are not aligned with the DEI or sustainability goals of the company. Defining Risk. Things happen!” said Warwick realistically. Stay curious.
Cvent Chief Technology Officer David Quattrone extoled the advances in hybrid functionality in the last year and predicted that features—and demand—will only improve after the launch of a new Cvent App Marketplace , a centralized location for planners and marketers to find SaaS solutions similar to the tools offered on the Apple App Store.
Staffing shortages, long security lines, delayed/canceled flights and less flights being scheduled are causing travel anxiety for planners. Travel insurance and credit— As international airports are scheduling fewer arrivals and even cancelling existing ones, travel insurance is worth considering to protect yourself from unforeseen costs.
Insurance coverage. The property could also require a supervisor to oversee the planner’s outsourced vendor. The planner does not have to accept the clause. Given their wider range of AV equipment, outsourced vendors could provide more creativity and ideas to leverage AV technology for dynamic, ‘wow’ experiences.
Now two years out from where we were at the pandemic’s genesis, one question continues to peck at the minds of meeting planners: “Can the fear of Covid be sufficient enough to trigger force majeure ?”. Lastly, you may want to include additional insurance protections in the baseline insurance requirements detailed in the contract.
When asked which of these “powers” was a greater motivator for the surveyed industries (automotive, direct sales, finance and insurance, manufacturing, pharmaceuticals and health care, and technology), every industry showed soft power as being the more dominant motivation. They want personalization.”
When asked which of these “powers” was a greater motivator for the surveyed industries (automotive, direct sales, finance and insurance, manufacturing, pharmaceuticals and health care, and technology), every industry showed soft power as being the more dominant motivation. They want personalization.”
But, something event planners can overlook is that in addition to security team members having the right skills and knowledge – they also need the right attitude. As an event planner, you can better gauge safety measures needed by turning to those in the know. Security should form a visible presence.
Meeting planners are needed more than ever. The American Hotel & Lodging Association (ALHA) reported that an estimated 67% of hotels are experiencing staffing issues and shortages, and 68% of planners are new to the meetings industry since COVID. Planners may also want to consider disability as a factor. “We Is it race?
By offering refund insurance at a nominal rate, you can give each person peace of mind that they’ll receive their registration fee back in the case of an emergency. As a former meeting planner who has received Ohio MPI’s Planner of the Year award twice, she brings a unique perspective to these blog posts.
Why should you hire a professional planner? One way to ensure the event’s success is to hire a professional event planner. When hiring professional planners, you need to consider a few important things : First, you have to make sure that the company is legitimate and insured. More contacts, more choices.
Now that compression is making available space an endangered resource and inflation is pushing up prices for even the most basic items while companies are hesitant to make binding decisions, the responsibility for explaining the realities of what is possible on both sides of the balance sheet falls to the event planner. By the Numbers.
A lawyer with 25 years of experience in hotel and group contracts, she doesn’t mince words when it comes to planners needing to take the steps necessary to handle any complications that might arise. In the end, there is little a planner or an organization can do to prevent from being sued. Don’t assume a duty,” Devlin said. “If
Force Majeure clause and employment classifications changes coming for MPs The legal nuances of meeting planning can be a bit overwhelming even for the seasoned planners. Listen On-demand: Tracy Judge’s Independent Planner Emergency Kit “There’s a lot of things that go into consideration when you’re classifying a worker.
She has experience in multiple industries, including ministry, insurance and consulting. Jessop is director of sales for Hyatt Resort Alliance , a new role that serves as liaison between sales and on-property sellers at Hyatt’s Resort Alliance properties, Hyatt Sales Force and meeting planners. Tera Crain Barnes. Frederic Vidal.
But what does this mean for meeting planners and business travelers? Argentina requires these steps of anyone arriving from any part the African continent, and noncitizens and nonresidents have to show proof of health insurance that covers Covid-19 infection to enter the country. Is it time to “lift and shift” events again?
As event planners, it’s no secret that safety and security are things that we need to take into consideration. “I often feel like what happens is, both with clients and planners, everybody’s just doing the bare minimum to get through whatever the legislation is”, says Dustin. “Let’s be honest.
Mainly, that was because as the business grew, I was forced to do more of the work I didn’t enjoy to keep it successful (licenses, insurance, tax reviews…all the necessary evils) and less of the work that keeps me fulfilled and happy (connecting, speaking, branding, planning, events and marketing).
Other points of use to meeting planners: “ALWAYS fly the first flight in the morning so you have all day to be rebooked if the s—t hits the fan. Read More : Flight Cancellations by the Thousands—Does Your Travel Insurance Cover the Cost? ” Meeting planners takeaway : Flight chaos continues.
In today’s events climate, safety is a top-of-the-list issue for planners, especially those who regularly organize international gatherings. Based on information collected from 2021, the list is a smart, timely resource for planners preparing incentive travel and corporate events abroad. Factors and Methodology.
We’ll talk more about ROI in a minute, but first let’s answer planners’ top questions about hybrid events. All-in-one platforms are like an insurance policy on your event. Streamline the user experience for planners, attendees and stakeholders. This is the question planners ask me the most. Cut training time and costs.
But if you neglect to also spend a few minutes examining your special events insurance needs, you may be setting you and your organization up for legal trouble. And if you are planning to include interactive events and/or alcohol, you had better be thinking insurance. Think of your insurance as layers of protection.
One New Year’s promise planners can count on is that hybridized events have become the driving force in the industry. Event tech company Bluewater Technologies has partnered with BELLA Health to bring at-home testing to event attendees, planners and personnel from their mobile phones. Thimble Event Insurance. MeetingPlay.
Every single event planner out there knows the importance of choosing the right place to host an event. Financial & Insurance Conference Professionals. How much of a headache is finding the best value and best event destination? And more often than not, you’re met with endless (pun intended) conflict and worries.
Financial and insurance industry meeting planners face complex demands. Read More: Free Meditation Apps for Event Planners on the Go Offer respite and relief from the intensity with quiet rooms. Many plan both internal and customer events, incentive trips and sales meetings. The stakes are high, and rules must be followed.
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