Ryan Specialty’s MGU expands to franchise hotels and hotel-alternatives
Suitelife Underwriting Managers , a managing general underwriter for full-service hotels, premier hotels, boutique hotels, condo-hotels, resorts and hotel management companies, added a new program – the Franchise Hotel Program.
The Franchise Hotel Program focuses primarily on 3-star full-service franchise hotels, limited-service hotels, smaller independent hotels or boutique hotels. The Franchise Hotel Program is available in all states except AK, HI and the US Territories.
The program is underwritten by an A+ rated carrier.
“The Suitelife® Program is recognized nationwide for comprehensive insurance coverage, unparalleled risk management expertise and superior service. We are thrilled to expand our offering to include the Franchise Hotel Program, allowing us to reach an even broader segment of the hospitality industry.” – John Welty, President of Suitelife, part of Ryan Specialty .
In addition, Suitelife has an alternative market providing coverage for distinguished inns, B&Bs, nonfranchised independent hotels, hunting and fishing lodges and coastal locations. Suitelife has also adopted an agreement with Key Risk Insurance Group (Greensboro, NC) to provide stand-alone Workers’ Compensation coverage.