Allianz UK has overhauled its commercial select policy to include a new proposition for hotels and restaurants with a turnover of between £10m and 1.5bn. It will cater for restaurants and restaurant chains as well as business, resort, leisure and city centre hotels. It will also support conference centres with hotels.

The proposition offers cover for property damage, business interruption, employers' liability, public liability and products liability. It also provides insurance for key staff, cover for food storage failures, loss of licence insurance and risk control support including compliance with allergen rules.

Rob Carslake, head of commercial combined at Allianz UK, said: "Running a hotel or restaurant has rarely been harder and when something goes wrong the impact is felt immediately, in the kitchen, at the front desk and with guests. We've looked closely at where the pressures really bite and shaped the cover around them, so it reflects how hotels and restaurants actually operate rather than relying on a generic policy wording.

“This isn't a new sector for us. We have long-standing expertise in hospitality and broadening our appetite means we can put that to work for more businesses and give brokers more choice for their hotels and restaurants clients.”