Page 24 - Hello! - Venetian Casino Resort Preferred DMC Partnership
P. 24

RISK MANAGEMENT










































               Meeting execution requires a broad range of services such as transportation, tours, theme décor,
               entertainment, teambuilding, dining, and more. As a result, numerous suppliers with varying levels
               of financial strength and insurance coverage are utilized to fulfill these services. For example, a
               final night reception may include the services of an entertainer, staging and production company,
               décor company, etc. Even transfers from the airport to the  Venetian Resort Casino  may include
               multiple transportation companies to provide various vehicle types. With Hello! Las Vegas, the risks
               of inadequate coverage by any  suppliers are eliminated as a result of our process, team, and $20
               million of liability coverage ($5 million primary and $15 million umbrella.)


               THE RISK MANAGEMENT TEAM
               Hello! has a supplier Risk Management team that is overseen by our chief financial officer. This team
               is supported by top insurance agencies, brokers, and A-rated insurance carriers. They work together
               with our sales staff as a cohesive unit to scrutinize all aspects of each individual event, ensuring the
               careful selection of suppliers and the proper insurance protection to secure the ultimate enjoyment
               of our client and their guests.
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