Rainbow launches restaurant insurance coverage program in California

Amid the mass provider pullback within the state, a managing basic underwriter (MGU) has unveiled a brand new program for eating places in California.

Rainbow has unveiled its admitted restaurant insurance coverage program, positioning the agency in a important market at a time when a number of conventional carriers have scaled again or withdrawn their providers.

The introduction of Rainbow’s tailor-made restaurant insurance coverage program goals to assist insurance coverage brokers going through a shortage of choices within the state’s insurance coverage panorama.

Liiiiive from CA, it is RAINBOW INSURANCE *crowd goes wild* 🌈 👏 😎 https://t.co/rHZStN82aB

— Rainbow Insurance coverage (@UseRainbow) February 27, 2024

Rainbow’s program caters to a variety of institutions inside the meals service business, from small espresso outlets to upscale eating venues, providing key restaurant-specific coverages that may be tailor-made.

The corporate’s on-line quoting platform permits brokers to entry premium credit for insureds affiliated with sure memberships or these demonstrating efficient danger administration practices.

Rainbow CEO and co-founder Bobby Touran emphasised the corporate’s dedication to providing a holistic insurance coverage resolution.

“We hear from brokers day-after-day that they love our complete providing: our customizable enterprise insurance coverage that comes with personalised customer support, skilled and responsive underwriting, and our best-in-class digital expertise,” Touran stated.

He expressed enthusiasm about increasing Rainbow’s partnerships with companies all through California, noting the corporate’s pleasure about serving its residence state.

With its growth into California, Rainbow now operates in 15 states throughout the US, providing its enterprise proprietor’s coverage. The corporate has additionally lately expanded its product line to incorporate extra legal responsibility protection in chosen states.

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