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How will COVID-19 impact event insurance?

Association Success

Associations who recognize their bottom lines will take a huge hit from lost revenue they anticipated from their annual conference are rethinking their positions on event cancellation insurance. Future event cancellation coverage will cost more based on what’s happening now.”. We’re in the middle of a forest fire right now.

Revenue 159
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Protecting Critical Association Revenue Streams: Managing the Risks of Event Cancellation Insurance

Association Adviser

In many cases, annual conventions and trade shows represent the most significant revenue-generating opportunities of the year for associations. These special events are of the utmost importance to any association that relies on this revenue stream. What is event cancellation insurance? Types of coverage. Event insurance rates.

Revenue 69
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The Key to Taking Risk in 2014 is Non-Dues Revenue

Tom Morrison

There is a lack of innovation, seeking out member''s business needs, and listening for those things that could be huge drivers to member engagement, expanded revenues, and rising net worth. After the 2009 economic bust, every non-profit should be doing everything it can to enhance revenue streams to build its reserve funds.

Revenue 40
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Long Live Your Education Sessions: How To Repurpose, Reuse and Recoup Meeting Costs

Tom Morrison

All of the above are pieces to a new revenue model called, “Repurpose, Repackage, Reuse,” to selling knowledge to your members. By repurposing, repackaging and reusing content, it has enhanced our member engagement and increased our revenue per member from $1,500 in 2006 to $2,200 in 2013. That was huge!

Cost 40
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15 Changes in the Learning Business Landscape

Leading Learning

billion in 2006—about a year and a half after YouTube was founded—we all should have known something big was a foot. The drop in the cost and effort required to capture, edit, and deliver video has dramatically increased our ability to use it for developing educational content. The E-learning Cost Cliff. The Surge of Video.

Course 101
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Survey Reveals Top Community Association Manager Challenges

AvidXchange: Association Management

This puts further pressure on community managers who are trying to keep the status quo in terms of rates and services for homeowners amidst staffing challenges and rising costs in the industry. “We can’t contain natural disasters that are causing all of these insurance rates to go up. 01:27 MAEGAN WOYTEK Thank you so much for having me.

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Association Brain Food Weekly: 7.21.17

Reid All About it

I can vouch that it’s led to incredible growth in his personal and professional network, as well as ideas that have contributed to creating over 1,500% growth in his association since he started attending Annual in 2006. Recognize the difference between soft and hard costs. Watch/participate live or view the recording.

Las Vegas 231