- Appetite
- Short-term letting specialist; a strong starting point for guest-related property and liability exposures.
- Check
- Check commercial operator eligibility, leased units, portfolio limits and availability of BI and EL.
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Reading the risk
For: Serviced accommodation operator
We couldn't tell the trade from that, so these are the broad commercial markets. Add the trade and the class of cover for a sharper list.
What underwriters will focus on
Serviced accommodation operator needing property, business interruption and guest liability cover, plus employers’ liability if applicable. Underwriters will focus on owned versus leased or managed units, short-stay occupancy, fire safety and the operator’s contractual responsibilities.
Where to start
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We found 185 UK markets that write serviced accommodation operator risks: 47 insurers, 115 MGAs and 23 Lloyd's markets. Commonly listed: Pikl, Vasek Insurance.
Owned or leased units, booking platforms used, guest vetting and lease or mortgage consent for short lets are early questions. Party damage and fire safety in flats are recurring concerns.
short let operator, holiday let manager, aparthotel operator
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