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Risk Management Gets a Boost: Customizable Event Insurance Debuts

MeetingsNet

A new insurance product allows organizations to choose which costs and revenue streams are covered, and under which disruptive circumstances. The choices are wider than ever, but some circumstances remain uninsurable.

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11 Questions to Ask Before Hiring a DMC

ADMEI

To simplify the process, save money, and eliminate stress, consider hiring a Destination Management Company. 11 Questions to Ask Before Hiring a DMC 08 November 2023 Planning an event from afar can be difficult. A DMC can help you plan and execute events with excellence — but it’s important to hire the right team.

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ADMEI and Destinations International Partner for Collaboration and Education

ADMEI

The education partnership will include a joint working group to develop content pieces and education including: Collaborating on event cancelation insurance. Educating on the differences between destination organizations and Destination Management Companies (DMCs). For more information, visit www.admei.org.

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Incentive Lessons from SITE

Smart Meetings

When asked which of these “powers” was a greater motivator for the surveyed industries (automotive, direct sales, finance and insurance, manufacturing, pharmaceuticals and health care, and technology), every industry showed soft power as being the more dominant motivation. They want personalization.”

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Incentive Lessons from SITE

Smart Meetings

When asked which of these “powers” was a greater motivator for the surveyed industries (automotive, direct sales, finance and insurance, manufacturing, pharmaceuticals and health care, and technology), every industry showed soft power as being the more dominant motivation. They want personalization.”

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Evolution of DMCs: Deeper Trust, Transparency and Understanding

Smart Meetings

Destination Management Companies ( DMCs ) are at the core of the MICE industry. They develop the bid, hire and manage subcontractors, relate to all outside agencies for permits, insurance, etc., manage the finances of the job, provide constant supervision on site, and overall project management. DMC Value.

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The Advancement of DMCs

ADMEI

More specifically, DMCs are reevaluating their existing proposal, site-inspection, time tracking, contracting, payment, and procurement processes, as well as their overall pricing models.

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