GICTV Ep. 3: “Golf’s Great Reset – Risk Management in a Covid 19 World” (LIVE WEBINAR)
Which risk approaches will last, which will fade, and which will change?
The never-before-seen risk of Covid-19 (and potentially other new viruses in the future) is with us as the new “norm” moving forward.
Mike Orloff will facilitate a conversation speaking to industry risk management leaders Terry Muir and Nathan Tovey from epar and Daniel Bateup from Golf Business Australia about the virus & the impact (negative & positive) it has had on the golf industry.
What does it mean to be a safe venue & how can you protect members/guests through best practices. Terry & Nathan have plenty of experience around Covid-19– i.e. Covid Safe Inspection Checklist For Hospitality Operations
Daniel will discuss the new look General Insurance risk profile for golf facilities in the wake of Covid-19.
General Liability: While there remains an exposure, the obvious conclusion with clubhouses shut down is the General Liability risk is decreased. However, an analysis of recent claims reveals only 11% of notifications result from clubhouse incidents while 89% occur on the course.
Management Liability: Golf Clubs exposure has increased due to the heightened risk directors and officers face on employment, financial & membership matters.
Finally, a discussion around risk management, including intro to eParV app, and why risk reduction strategies are important for the sustainability of golf & golf facilities.
