The intricacies of competitive socialising businesses require a detailed approach to insurance, one which takes into account their unusual risk. To access appropriate cover for their venue, competitive socialising businesses should look to NDML insurance brokers.
NDML is one of the leading insurance brokers for late-night venues, having worked in the industry for over 25 years’ and building strong relationships with venues and industry bodies.
Many established businesses are incorporating competitive socialising as part of their experience. Whether it’s pool tables, table tennis, arcades, or something unique, these changes expose businesses to increased risk; they also require a dedicated space for the experience that may affect capacity and valuation. Additional insurance terms or an overhaul of your cover may be required.
NDML are well positioned to negotiate the terms of your insurance, having already placed many complex competitive socialising venues on cover. Contact NDML to learn more and get started.
At NDML, we offer both dedicated service and policies suitable for Competitive Socialising venues
All policies are subject to terms, conditions and exclusions.
Looking to switch? NDML has over 25 years of experience and are ready to discuss your cover requirements, no matter your size or claims history. We will visit your venue and talk in person to help us better understand your unique situation and insurance needs.
At NDML, we aim to strike a balance between cost effectiveness and quality cover. We’ll help find a range of insurance solutions to help support your business.
Our team will get to know the individual needs of your venue. We’ll get to know your people, perform a risk assessment, and then find a range of suitable covers available on the market.
Active games of darts, pool and even bingo have been used to draw consumers to venues for a century. However, post-COVID, a new revolution of games and sports is shaping the hospitality sector. Shuffleboard, axe-throwing, mini-golf and VR simulators are immersive experiences which operators are hoping to build a business upon.
Competitive socialising venues are likely to be exposed to more risks. Highly active experiences may need additional training and liability cover. The value of the contents in your venue may well be above what is expected of a late-night venue, which can put you at greater risk of theft and increase your need for additional security measures. Your business may also utilise more technology to track scores and record results, hence having cyber insurance in place to protect your customers’ data is advised.
In 2008, the legislation was amended to allow businesses to display their certificates electronically. The law requires you to have your Employers’ Liability insurance certificate readily available. It does not need to be immediately visible to customers, but it does need to be readily accessible to your employees.
