InsuraGuest launched a new BOP site underwritten by Crum & Forster

InsuraGuest , through its wholly-owned US subsidiary Insure The People (ITP), announced it has launched its new Business Owner Policy (BOP) insurtech portal,

ITP is powered by InsuraGuest’s insurtech platform, which will digitally deliver BOPs to 130+ class codes, including retail, wholesale, mercantile, office, and business service classes. The BOP product is now available in all 50 states as well as the District of Columbia, where InsuraGuest Insurance Agency is licensed to sell insurance and is eligible for companies that have sales of up to $6 million per location, with occupancies up to 35,000 square feet, on a minimum annual premium of $250.

ITP’s BOP includes:

  • Property coverage for building and business property, business income and extra expenses.
  • Enhanced equipment breakdown (includes micro-circuity).
  • General liability – occurrence limits: $300,000, $500,000, $1 million and $2 million.
  • Employment practices liability.

“We are now taking digital insurance and reimagining it, reinventing it and revolutionizing it by harnessing the power of our insurtech platform to deliver that digital insurance to the small-business owner. Additionally, by offering to small businesses, we are helping them limit their risks and protect the assets they have worked so hard to create.” – Chairman and CEO of InsuraGuest, Douglas Anderson.

InsuraGuest Insurance Agency will administer policies in all 50 states and the District of Columbia. The policies are underwritten by Crum & Forster through its C&F Digital Partners division, which is focused on providing small business insurance in a touchless, digital environment. Crum & Forster is a subsidiary of Fairfax Financial Holdings Limited.