Willis and Kiln launch new protection policy for hotels
Willis Group and Kiln, a Lloyd’s of London underwriter, have joined forces to create a policy aimed at protecting hotels from financial loss arising out of adverse publicity.
The Hotel Reputation Protection 2.0 policy will protect hotels against a range of common causes of brand damage such as death or permanent physical disability of a guest, food poisoning and outbreaks of Norovirus and Legionnaire’s disease.
The Willis-Kiln product will provide cover for lost revenue based on RevPAR figures. RevPAR is a performance metric used in the hotel industry to measure revenue per available room.
The policy will also cover the cost of hiring a crisis management consultant
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