PriyaPatel
TLDR:
Embroker has launched a specialised insurance program for real estate professionals, offering comprehensive coverage including professional liability, cyber, business owners’, and worker’s compensation coverage. The program is built on Embroker’s ONE technology, addressing the unique risks and challenges identified in a recent industry survey.
Key Points:
- Embroker unveils specialised insurance program for real estate professionals
- Program offers comprehensive coverage including professional liability, cyber, business owners’, and worker’s compensation coverage
Article:
Embroker, a digital insurance company, has launched a specialised coverage program for real estate agents and brokers. This program, built on Embroker’s ONE technology, provides a seamless, single-application experience for real estate professionals looking for professional liability, cyber, business owners’, and worker’s compensation coverage.
In a May 2024 survey conducted by Embroker, over 150 real estate leaders, agents, and auditors highlighted the risks and challenges faced by the industry. The survey revealed that real estate professionals often make critical errors leading to financial losses, emphasizing the need for tailored insurance coverage.
The new program aims to address these challenges by offering specific protections to real estate professionals through a streamlined application process. For instance, the coverage includes comprehensive liability protection, cyber liability coverage to combat breaches and phishing attempts, and business owners’ policy to safeguard operations against various risks.
Embroker’s CEO, Ben Jennings, emphasized the importance of tailored coverage for real estate professionals amidst industry changes and challenges. The company’s ONE technology provides a simple and efficient solution for securing necessary insurance coverage, ensuring that agents and brokers can operate worry-free.
