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Preparation is the Key to Risk Management

Smart Meetings

Risk management is a dedicated preparedness rather than simply a mental exercise, according to Lisa Sommer Devlin, the most recent Smart Meetings webinar host. In her talk, “Risk Management 101,” she outlined strategies for dealing with the risks of the industry, as well as how to actively avoid them.

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The 411 On Event Insurance (What You Should Know)

Master the Event

When it comes to planning events and event insurance, everyone has an opinion. Why Use Event Insurance? Event insurance is there to safeguard against the unpredicted and sometimes unforeseen circumstances. And with event insurance it’s all about risk management. I have Event Insurance or Do I?

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Five Risk Management Tips For Your Holiday Event

Event Leadership Institute

The answer is two words: risk management. Event organizers and hosts are responsible for the safety and well-being of their guests and the risks associated with events, in particular the serving of alcohol can be especially daunting. Event Insurance. First and foremost, you will need general liability insurance.

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Event Contract Essentials in the Covid Era

SmartMeetings

Meeting professionals today are risk managers. Pandemic-era contracts now require contract clauses that include Hotel Protocols and Policies for Covid-19 prevention. Co-insurance should include coverage for third-party claims, so that if an attendee gets injured or sick, you are held harmless. Reasonable Care.

Contracts 114
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Hurricane Warnings Activate Marriott’s Global Security Team

Smart Meetings

Hotels have storm preparation plans and protocols for severe weather in place, and our staff is well trained to implement these plans,” said Hector Mastrapa, senior vice president of risk management with Marriott. “We additional resources are deployed to address activities that could happen right outside the hotel’s doors.

Hotels 87
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Budget Financial Meetings: Doing More with Less

SmartMeetings

Meetings in the financial and insurance sector require outside-the-box thinking. The economy was humming along before the coronavirus hit, but even then the majority of meeting planners in the financial and insurance industries were keeping their budgets in neutral. Financial and insurance meetings in the U.S. Content Matters.

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IRF Survey: Prospects for Resumption of Incentive Travel Optimistic

SmartMeetings

Sanitation and health security will be permanently more important risk management strategies,” said FICP Executive Director Steve Bova, CAE. In addition to new risk management strategies, future destination selections and program characteristics and activities are also anticipated to shift as a result of the pandemic.

Travel 93