Embroker Stock

Embroker, the digital insurance platform making it a radically simple single destination to get business insurance, announced that Chris Spagnuolo has come on board as Chief Product Officer (CPO). He joins the team at a pivotal time to continue fueling Embroker’s momentum in developing innovative insurance products for business verticals.

Digital insurance broker Embroker Inc. said Wednesday it is introducing a malpractice and cyber bundle for law firms. The program, offered on the One by Embroker platform, offers lawyers professional liability coverage beginning with $100,000 per claim/$300,000 aggregate, with up to $5 million per claim/aggregate, according to a spokeswoman.

The company began with its Startup Package geared to small businesses, simplifying applications for policies. Embroker’s focus includes cybersecurity coverage and working to digitally transform insurance. ONE builds on its previous offerings by applying AI to reach other verticals and embed broker knowledge into the service, according to Ben Jennings, chief revenue officer.