Specialty insurance is a type of insurance that covers unique risks that are not typically covered by traditional insurance policies. It is designed to provide coverage for specific industries, activities, and exposures that require specialized coverage. Specialty insurance policies are tailored to the individual needs of the policyholder and can provide coverage for a wide range of risks, including property damage, liability, and business interruption. Specialty insurance is often used to cover risks that are not covered by traditional insurance policies, such as cyber liability, environmental liability, and professional liability. It can also provide coverage for unique exposures, such as kidnap and ransom, terrorism, and political risk. Some companies in the specialty insurance market include AIG, Chubb, Allianz, AXA, and Zurich. Show Less Read more
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