Rainbow, a digitally-enabled managing general underwriter building tailored small business insurance products, announced the launch of its admitted restaurant insurance program in the state of California.
The InsurTech offers customizable restaurant-specific coverages. Through its online platform, it offers agents premium credits for insureds with affinity memberships and demonstrated risk management practices.
With California, Rainbow is now live in 15 states across the country with its business owner’s policy. The company, which was founded in 2022, also recently added excess liability to its product suite in select states.
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Blink Parametric partnered with cyber risk specialist Buckler México to support the rollout of its Blink Cyber solution to Ethics Data Analytics, a provider of risk management solutions.
Now available within the Ethics Cyber Security portfolio, the product serves as a data protection solution by detecting a data breach or compromised information early and alerting clients with information they need to secure their online data ahead of it being used by fraudsters or hackers.
Created to enable insurance companies to offer policyholders an add-on security feature, the Blink Parametric Cyber Solution has developed into an embedded, standalone InsurTech and cyber product in which clients can add personal information such as phone numbers, email addresses, identity numbers, documents, bank/credit card details and account numbers into its secure monitoring service. It then searches 24/7 for compromised personal data on unsecure websites as well as the dark web, alerting agencies, insurance companies or clients if the data is found to be for sale and/or in use by cyber criminals.
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Hub International Limited, a global insurance brokerage and financial services firm, announced the launch of HUB Builder’s Risk Insurance Solutions, an insurance and risk mitigation solution for project owners, general contractors and developers of frame and non-frame projects.
The solution assists clients secure insurance coverage, ensure compliance with carrier underwriting requirements and minimize project risks and delays.
HUB Builder’s Risk Insurance Solutions offers a complete solution that leverages third-party vendors to provide mitigation solutions and a proprietary mobile app that enables visibility and oversight of carrier requirements for any project.
Sources: Rainbow, Blink Parametric, Hub International Limited