Specialty

Specialty insurance refers to a type of insurance coverage designed to protect against specific risks or events that are not typically covered by standard insurance policies. It caters to unique or specialized needs of individuals, businesses, or industries that face particular risks or hazards. Specialty insurance policies are tailored to address the specific exposures or liabilities associated with a particular activity, occupation, or asset. Examples of specialty insurance include professional liability insurance for certain professions, event cancellation insurance for event organizers, cybersecurity insurance for businesses handling sensitive data, and environmental impairment liability insurance for companies engaged in activities that may cause environmental damage. These specialized insurance products are often more expensive than traditional insurance due to the specific nature of the risks they cover and the expertise required to underwrite and manage them effectively.

Please contact our agency to learn more about our offerings.