By Rob Mulhern, senior vice president, Preferred Club
Over the past several years, golf and country clubs have looked to boost falling revenue by adding extra amenities, from water parks and children's activities to new food and beverage events. Although these amenities can offset the financial impact of declining membership and fewer rounds on the golf course, they also carry additional risks.
Without proper guidance, clubs may face losses that outweigh any gains they see in revenue. Agents and brokers should help their clubs assess these risks, educate them in proper risk management and update insurance policies when appropriate.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
