Admitted Business Owners Policy Program Now Available to Independent Agents in the Golden State
SAN FRANCISCO, February 28, 2024 /PRNewswire/ — Rainbow, a digital managed general insurer that creates customized insurance products for small businesses, has announced the launch of its admitted restaurant insurance program in the state of California.
Rainbow's entry into one of the world's largest insurance markets comes at a time when many traditional companies have significantly withdrawn their offerings in California, or went off the market completely. Insurance agents will benefit from Rainbow's custom restaurant program and excellent customer service, which will stand out in a market lacking available capacity.
“Every day we hear from agents that they love our comprehensive offering: our customizable commercial insurance that comes with personalized customer service, experienced and responsive underwriting, and our best-in-class digital experience,” he said bobby turan, Co-Founder and CEO of Rainbow. “We have developed many meaningful partnerships with agencies across the country and look forward to doing so statewide. Our entire organization is thrilled to be officially open for business in our home state of California“.
Rainbow caters to a broad appetite in the foodservice class, with customizable restaurant-specific key toppings available. The result is a comprehensive program suitable for small cafes or complex fine dining establishments, and everything in between. By quoting through Rainbow's online platform, agents will find competitive premium credits for policyholders with like-minded memberships and demonstrated risk management practices, as well as industry-leading underwriting response times and customer service.
With California, Rainbow is now available in 15 states nationwide with its Business Owner Policy. The company also recently added Excess Liability to its suite of products in select states. Agents can visit userainbow.com/restaurant-insurance-agents Or email appointments@userainbow.com to learn more about Rainbow insurance products and get a copy of our appetite guide, or to apply to become a designated producer. The full availability of Rainbow status can be seen by visiting userainbow.com/availability.
About the rainbow
Founded in 2022, Rainbow is a general insurer management specialist that creates customized insurance programs for small businesses, starting with restaurants. By developing insurance products that reward small business owners for prioritizing safety and evolve with the ups and downs of their businesses, Rainbow is pioneering the insurance policy that provides peace of mind while working to help prevent claims. Rainbow offers its agent and broker partners a seamless, instant quote-to-link experience, and digital partners can integrate with Rainbow's powerful yet easy-to-use API to offer instant quotes to their clients. For more information about Rainbow, visit www.userainbow.com.
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Julia Wilkinson
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SOURCE Rainbow MGA Insurance Agency, Inc.
