The coverage program is built on Embroker’s ONE technology, offering comprehensive professional liability, cyber, business owners’, and worker’s compensation coverage through a seamless, single-application experience. Data shows that more than half (51%) of real estate professionals rely almost exclusively on their cell phones, yet 35% frequently make mistakes when doing so. This on-the-move professional lifestyle wrought with mistakes has led to 46% of those professionals’ companies experiencing financial losses.
“Real estate as a profession is facing radical change. Amid layoffs, cyber attacks and shifting buying behaviors, agents and brokers too often aren’t getting the coverage they need out of their insurance policies,” said Ben Jennings, CEO of Embroker. “Given the rapid evolution of the industry, real estate professionals need truly tailored coverage that provides peace of mind so they can operate worry-free. Embroker’s approach provides them with a single-destination solution, an elevated purchasing experience, and comfort that comes with coverage built for their specific needs, not generic coverage.”