Redefining Insurance Coverages

Industry: Gadgets

Challenge:

The Victoria team was approached by a young Insurtech company named Akko, that is redefining the protection and warranty space to create a better user /Insured experience in both obtaining coverage and claims handling.

Outcome:

Victoria created a unique insurance program that gives the Insurtech Akko more control in handling their end user client’s needs, which in turn creates a better end user experience. In addition our insurance partnership with Akko has enabled them to scale up faster and expand their own offerings to groups, associations and enterprise businesses.

Type of Coverage:

Protection Plan Reimbursement

Coverage Amount:

The Coverage was for $2M

Timing:

30 days from discussion

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Industry: Entertainment

Challenge:

In the early days of the Covid19 Pandemic, the team at Victoria realized the Film and Tv industry was one of the best suited industries to reopen up with solid Risk Management and Covid 19 Safety protocols in place. One of the major hurdles to that industry is that financing traditionally comes from third parties, such as bankers, financiers and bonding companies.

 

Outcome:

We instantly targeted the main perils that post Covid19 were now excluded on traditional production policies and created a stand-alone named peril policy specifically to address those needs and fill in the gaps. Since July of 2020, the team surrounding Victoria including our front line folks, underwriters, and actuarial team has helped dozens of projects get back up and running, which has helped thousands of people get back to work.

 

Type of Coverage:

Covid Relapse Insurance

Coverage Amount:

Up to $4.5 Million

Timing:

45 days from discussion

Featured Coverages

On any given day, members of the Victoria family have placed insurance and handled claims for $40 million dollar films, multiple franchised retail and hospitality chains, private aviation, personal trainers, special events, travel insurance, phone protection plans, warranties, and almost everything in between.

Entertainment Industry

Personal Device Protection

Automobile Excess

Travel and Event Insurance

Hemp Industry & Adjacent Markets

Private Aviation Insurance

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Victoria insurance offers fast and straightforward underwriting and approval process. Our team can work through custom scenarios to ensure and offer custom tailored coverages.