Fast Facts: Capital Income

Every club has an ongoing need to fund the kind of projects that keep its facilities functional, relevant and attractive to both current and prospective members. Capital income is a necessity in today's challenging market, and yet the unpredictable flow of initiation fees, the most common source, means many clubs struggle to keep up. In this session, Club Benchmarking COO Russ Conde uses industry data to explore the subject of capital income with a focus on initiation fees and capital dues.

Navigating the Property/Casualty Insurance Market: What Clubs Need to Know

Thursday, February 11th, 2021
2:00 PM to 3:00 PM EASTERN

After nearly a decade of what's known as a "soft market," the commercial insurance industry has shifted to a "hard market" where demand for insurance outweighs supply. The hospitality sector, clubs included, has been experiencing rate increases at perhaps the worst possible time.

In this session, commercial insurance specialists Jack Hughes, Stefan Petrella and Norm Duquette from Starkweather & Shepley Insurance Brokerage will provide an overview of current market conditions and explore key coverages that are most sensitive to the hard market, including:

  • Property Insurance
  • Management Liability (D&O, Employment Practices Liability and Fiduciary Liability)
  • Workers Compensation and the Experience Mod calculation

Complete the form on the right side of this page to register for the webinar.
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