Business

BASE: Group insurance means more cruise business for excursion operators 

The Bahamas Association of Shore Experiences (BASE) continues to prepare its membership to benefit from more cruise passenger business through a group insurance plan, the association’s President Denise Johnson told Guardian Business yesterday.

Johnson said there has been significant interest in the insurance scheme, that will allow cruise companies to recommend insured BASE members’ products to their passengers.

Johnson said the insurance scheme will seek to present a closed loop of insured experiences for cruise passengers, where everyone from the taxi driver, restaurant owner and excursion operator that might provide services throughout one experience are all covered.

“What it allows is for the cruise ship partners to recommend our vendors to their cruise ship passengers, because they will be covered under the cruise ship liability insurance,” said Johnson.

“This means when they come off the boat we’ll have either taxi drivers who have this insurance and they’ll be covered in the taxi… the taxi will the take them to, whether it’s a restaurant, whether its a tour operator, whether its an ATV driver, wherever.

“We’re trying to have a closed-end process, where everywhere along the process is going to be covered by the insurance. It makes it a more controlled and ready environment for the cruise ship operators to recommend our members to their passengers.”

Johnson explained that BASE is now receiving insurance quotes from a local company in order to get the scheme fully operational. She added that some companies in the local excursion industry are still trying to recover from the fallout caused by measures put in place during the height of the COVID-19 pandemic Some have had to raise prices to contend with inflation and rising fuel costs.

“I have seen, particularly in the water tour areas, slight increases to cover gas prices, which is passed down to the guests,” she said.

“So far, because guests are excited about coming to our destination, there haven’t been much complaints, but they will see an increase in their prices for tours and activities.”

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Chester Robards

Chester Robards rejoined The Nassau Guardian in November 2017 as a senior business reporter. He has covered myriad topics and events for The Nassau Guardian. Education: Florida International University, BS in Journalism

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