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Market Risk Insurance VRI
 

​The information below will enable Tokio Marine Kiln to provide a very rough indication of pricing for the Hotel Market Risk Insurance for your Client.

​General Information


Insured​​
*

​Name of Hotel

*

​Address of Hotel

*
​​Contact ​Name​ *
​​​Email Address *

An Insured Event occurs when the actual trade (measured in RevPAR) exceeds the selected threshold drop from the forecast trade in any given month or average over a three-month period i.e this is a Parametric triggered insurance policy.

Reduction in RevPAR (Forecast VS Actual)​​

​​Please indicate the % reduction in Forecast RevPAR data required to constitute an Insured Event​




​Other

*

If an Insured Event occurs, TMK will indemnify the shortfall in Forecast EBITDA or guaranteed minimum lease agreement payment.

​Please indicate RevPAR comparison period required to constitute an Insured Event





​Other

*
​Forecast P&L
​What is the projected annual EBITDA?​
*
​Limits Required
​​What limit of EBITDA/minimum lease payment are you seeking to insure?​




​Other

*
​Period Of Indemnity

​​What period does the limit of EBITDA/minimum lease payment relate to?​



​Other

*

​​​​

​​Alesco is a trading name of Alesco Risk Management Services Limited. We are the data controller of any personal information you provide to us or personal information that has been provided to us by a third party. We collect and process information about you in order to arrange insurance ​​policies and to process claims. Your information is also used for business purposes such as fraud prevention and detection and financial management. This may involve sharing your information with third parties such as insurers, reinsurers, other brokers, claims handlers, loss adjusters, credit reference agencies, service providers, professional advisors, our regulators, police and government agencies or fraud prevention agencies.

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​​In addition to responding to your query submitted via this webpage, we’d like to tell you about our products or services that may interest you. Please tick if you would like to hear about these by:​​​



​​We or our group companies may also send you details of the products and services of our group companies. Please tick if you would like to hear about these:​​

 

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Our team of insurance specialists are here to help. Please fill out the form below and we will get back to you.

Your Details

Name  *
Email Address *
Telephone *
Enquiry Details

Nature of enquiry *

​​​​​In addition to responding to your query submitted via this webpage, from time to time we’d like to tell you about our products or services that may interest you. Please tick if you would like to hear about these products and services by:​




​​​​​​​We or our group companies may also send you details of the products and services of our group companies. Please tick if you would like to hear about these​ :​​

 

You can opt out of marketing communications at any time by contacting us: unsubscribe@alescorms.com

​ This form will now be sent to one of our insurance experts who will examine your questions and comments and respond to you as soon as possible.

​​​​Market Risk Insurance is a new type of insurance available from Alesco that covers all market risks that could affect a hotel's ability to trade, and that otherwise have historically been left uninsured. This product uses hotel market data to define the insured event which enables risks like Brexit, Terrorism, Chemical Spills, Cross Border Political Disputes and everything else which effects the market in which the hotel operates in, to be insured.

By market, we are referring to either a comparative set of local hotels or the city that the hotel is operating in. The policy is triggered if the difference between Forecast and Actual RevPAR achieved from the comparative set of hotels exceeds the set percentage threshold.