From catastrophic weather and construction delays to public liability and cyber breaches, these sectors are increasingly exposed, while also under scrutiny from regulators, investors and the public. Brokers need a wholesale partner who understands how to manage layered global risk programmes, often across multiple lines and jurisdictions.
At Price Forbes, we support brokers across the globally to place large, complex and multinational real estate and hospitality risks through the London and Bermuda markets. real estate and hospitality risks through the London and Bermuda markets. We look to design insurance programmes that can grow with our clients and rate matrixes can assist in determining costs for future acquisitions.
Backed by global market access to Lloyd’s, Bermuda, and London, our programmes are both technically robust and commercially effective.
We understand that running hotels, resorts, or hospitality venues introduces added complexity. That's why we structure policies that go well beyond real estate fundamentals:
We go deep into your operation, whether boutique or multi-site, to provide policies that are both comprehensive and flexible.
Relevant coverages include:
Yes - particularly where required by funders, developers, or future buyers. Latent Defects Insurance offers long-term protection for structural issues that may only surface post-completion.
Rights-of-Light insurance protects developers and property owners against the risk of legal claims that could delay or derail a project.
Hospitality businesses face a unique blend of guest, operational, and reputational exposures. Beyond standard property and liability cover, hotels typically need specialist protection for areas like liquor service, guest belongings, spas, pools, and event liability.
Absolutely. Parametric insurance offers rapid, predefined payouts triggered by measurable events, like weather indices or earthquakes, without waiting on damage assessments. It’s an increasingly valuable addition to traditional BI cover, especially for hospitality businesses or multi-site portfolios seeking enhanced liquidity and business continuity.
Yes - and often overlooked. From guest payment data and booking systems to internal controls and vendor networks, the digital footprint of a modern hospitality or real estate business is significant. We design cyber programmes that work in tandem with your operational cover, so both physical and digital risks are protected.
Contingent property damage insurance is a bespoke solution we offer during acquisitions or refinancing when a standard policy falls short of lender requirements. It fills in the gaps, ensuring transactions can proceed smoothly, even under tight timelines or complex structural setups.
We assess your portfolio size, usage types, geographies, and legal structures to recommend either a blanket or scheduled-location approach. Where needed, we coordinate local policies into a global programme, delivering consistency, compliance, and strategic efficiency.
Yes - down to the boiler, lift, or commercial kitchen unit. We tailor coverage to reflect your operational realities, ensuring minimal disruption to services and guest experience. This isn’t off-the-shelf, we negotiate wordings that align with your risk profile and downtime sensitivity.
We partner with you and your legal advisers to perform insurance due diligence, identify any compliance or exposure issues, and implement solutions quickly. Our experience means we can navigate even the most complex structures, often securing bespoke coverage quickly to keep your deal on track.
Our insurance experts are always on hand to talk about ways we can join forces to take on the future.
