#261: Understanding Insurance for Hotels | with Brian Popelmayer

David Millili sits down with Brian Popelmayer of Lockton Companies at the Hunter Conference in Atlanta to discuss one of the biggest challenges facing the hospitality industry today: rising hotel insurance costs.

In this episode, Brian shares insights from more than 23 years in the insurance industry, including how the hotel insurance marketplace has evolved, why liability insurance costs are rising, and what hotel owners and management companies must do to protect their balance sheets.

Brian also breaks down emerging risks in hospitality such as human trafficking, sexual misconduct liability, environmental exposures, mold, and Legionella claims, and explains how hoteliers can secure the right coverage in an increasingly complex insurance market.

If you’re a hotel owner, operator, asset manager, or hospitality professional, this episode will give you a clear look at the risks shaping the industry and practical strategies to manage insurance costs while protecting your business.

In this episode, we cover:

• How Brian Popelmayer got into the hospitality insurance industry
• Why hotel insurance costs have risen from 1.2% to nearly 2% of operating revenue
• How hotel owners can secure better insurance coverage
• The positive trends in the property insurance market

Watch the FULL EPISODE on YouTube: https://youtu.be/DUIM79T4FuY

Links:
Brian on LinkedIn: https://www.linkedin.com/in/brianpopelmayer/
Lockton: https://www.global.lockton.com/

For full show notes head to: https://themodernhotelier.com/episode/261

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Connect with Steve and David:
Steve: https://www.linkedin.com/in/%F0%9F%8E...
David: https://www.linkedin.com/in/david-mil.