Specialty Commercial Insurance

Specialized industries and risks require specialized insurance. From surety bonds to space insurance, these products cover the unique exposures that standard business policies exclude.

Surety Bonds

A three-party agreement guaranteeing one party (principal) will fulfill obligations to another (obligee), with a surety (insurance company) backing the guarantee. Bid Bonds: Guarantee you'll enter a contract at the bid price if selected. Required for government construction bids. Performance Bonds:

Inland Marine / Builders Risk

Inland Marine: Covers property in transit, at temporary locations, or mobile equipment not covered by standard commercial property. Examples: tools in a contractor's truck, equipment at a job site, art being transported to a gallery. Builders Risk: Covers buildings under construction — materials, fi

Trade Credit Insurance

Protects against non-payment by your customers (domestic or international). If a customer goes bankrupt or simply refuses to pay, trade credit insurance covers 80-90% of the invoice. Especially valuable during economic uncertainty. According to WTW, rates are projected stable (-5% to flat) in 2026.

Cyber Insurance for SMBs

Small and medium businesses are increasingly targeted by cyber criminals — 43% of cyber attacks target small businesses, and 60% go out of business within 6 months of an attack. An SMB-focused cyber policy typically covers: data breach response costs (notification, credit monitoring, forensics), bus

Drone / UAV Insurance

Covers liability and physical damage for commercial and recreational drones. Liability coverage: bodily injury and property damage caused by your drone to third parties. Hull coverage: physical damage to the drone itself. Commercial operators flying under FAA Part 107 should carry at minimum $1M lia

Cannabis Industry Insurance

A challenging market due to federal/state regulatory conflict. Most coverage is through the non-admitted/E&S (excess and surplus lines) market. As of 2024, HHS recommended rescheduling cannabis from Schedule I to Schedule III. DEA review is ongoing; no final rule has been issued. Rescheduling would

Environmental / Pollution Liability

Covers cleanup costs, third-party claims, and regulatory fines from pollution events. Standard GL and property policies exclude pollution. Covers: gradual and sudden pollution, underground storage tank leaks, mold, legionella, asbestos, and transportation of hazardous materials. Essential for: manuf

Space / Satellite Insurance

Covers pre-launch, launch, in-orbit operations, and liability for satellites and space vehicles. A growing market driven by commercial space ventures. Market size: $4.06B (2025) growing to $6.23B by 2030. 259 launches in 2024. 57% of satellite operators now seek comprehensive coverage. Key providers