Remove Insurance Remove Negotiating Remove Risk Management
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Event insurance: An event business’s secret to standing out in today’s crowded market

Planning Pod

While exceptional service and stunning spaces continue to be essential to setting your business apart, there’s one often-overlooked factor that can give you a significant edge: event insurance. It demonstrates proactive risk management By offering or requiring event insurance, you showcase your commitment to risk management.

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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. Legal Risks.

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Event Contract Essentials in the Covid Era

SmartMeetings

Meeting professionals today are risk managers. Co-insurance should include coverage for third-party claims, so that if an attendee gets injured or sick, you are held harmless. It should also stipulate that claims of property damage should be limited to the amount of property insurance. There is always risk.

Contracts 119
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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.

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Contracts and Negotiations Amid Covid: Best of What’s Worked in 2021

Smart Meetings

This year, we talked tips, tricks and insights with legal professionals on negotiating event contracts and navigating the current legal landscape. Meeting professionals today are risk managers.” Harness the Power of Negotiation for Post-Covid Success. “In Contract Negotiation: Post-Pandemic Clauses You Need to Know.

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How Blockchain Can Disrupt Financial Services

BizBash

Investment banking, asset management, corporate banking, hedge funds, ForEx trading, clearinghouses, central banks, regulators. Insurance Managing risk, derivatives, insuring assets Decentralized markets for insurance, more transparent derivatives Insurance, risk management, brokerages, corporate banks, clearinghouses, regulators.

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What Did You Do Differently Last Year?

PCMA Convene

Better contract negotiations. We have implemented a risk-management manual to our events and we have purchased more event insurance for better protection. Increase in what we budget for food and beverage, and managing other costs more closely. Started implementing a strategic meetings management program.• . •