RAINBOW Doubles Down in Key Geographies By Expanding Its Restaurant Insurance Program to New Jersey, Iowa, and Virginia

Business Wire

Admitted Business Owner’s Policy Program Now Available to Independent Agents Across Three New States

SAN FRANCISCO--(BUSINESS WIRE)--
Rainbow, the digitally-enabled managing general underwriter specializing in tailored small business insurance products, is excited to announce the launch of its admitted restaurant insurance program in New Jersey, Virginia, and Iowa. This expansion strengthens Rainbow’s footprint across critical U.S. markets to work with more agents in key geographic regions such as the Tri-State, Mid-Atlantic, and the Upper Midwest.

Rainbow’s admitted restaurant BOP program, already known for its broad appetite, specialized underwriting and streamlined digital platform, enters these territories in response to growing agent demand. “We hear from agents every day that they appreciate our specialty insurance appetite, uniquely delivered instantly through our platform and with a human touch for servicing needs,” said Bobby Touran, Co-founder and CEO of Rainbow. “With our new launches in New Jersey, Iowa, and Virginia, we’re thrilled to deepen our partnerships with valued agents who are eager for our market-leading product in and around some of the most densely populated regions in the United States.”

Powered by the company’s proprietary Continuous Underwriting technology, Rainbow’s program is uniquely designed to meet a broad range of needs within the foodservice industry, covering everything from local coffee shops to casual dining to white table cloth fine dining establishments. The underwriting eligibility — including liquor liability and EPLI — will also consider multi-location schedules, wine bars, and brewpubs. Through Rainbow’s instant online platform, agents can quote and bind accounts with automated premium credits, and the Rainbow underwriting team is always standing by to speak with agents about accounts.

With the launch of New Jersey, Iowa, and Virginia, Rainbow is now live in 24 states with its restaurant insurance program, and is actively considering new appointments. Agents interested in learning more about Rainbow’s products, appetite guide, or becoming an appointed producer, are encouraged to visit www.userainbow.com or contact [email protected].

About Rainbow

Founded in 2022, Rainbow is a specialist managing general underwriter that builds insurance programs tailored to small businesses. The company’s flagship restaurant program focuses on rewarding small business owners who prioritize safety. Through seamless quote-to-bind functionality and best-in-class customer service and underwriting, Rainbow makes it easy for agents and digital partners to offer instant quoting for small business clients. For more information, please visit userainbow.com.