Rainbow Expands Beauty & Wellness Insurance to Texas and Illinois
The Beauty & Wellness sector—sometimes referred to as Personal Care—is among the fastest-growing segments of the U.S. economy, and one of the hardest hit during the pandemic. Rainbow's approach uses proprietary technology to synthesize public data in real time, enabling 'continuous underwriting' for more accurate and adaptive risk assessment. As these businesses evolve, they're demanding more tailored coverage and faster service—something Rainbow is uniquely positioned to deliver.
This is Rainbow's first industry category outside of restaurants and the beginning of a growing portfolio of industry niches in which Rainbow brings a unique combination of technology and specialized underwriting to its growing agency distribution base. Appointed agents in Texas and Illinois now have access to Rainbow's Beauty & Wellness program, designed specifically for personal care businesses and supported by a fully digital quote-to-bind platform and Rainbow's experienced staff.
'Helping agents with their specialty commercial insurance needs is the reason why Rainbow exists. Our partnerships within the independent agent channel go deep, and our continuous underwriting technology gives us the unique edge in serving industries like beauty and wellness from which traditional carriers have otherwise shied away at no fault of those business operators,' said Bobby Touran, co-founder and Chief Executive Officer of Rainbow. 'In an industry where insurance is a no-brainer, we're proud to bring this proprietary intelligence—and a better overall experience—to Texas and Illinois agents and their business owners in one of the fastest growing segments of the economy.'
Rainbow's Beauty & Wellness program includes:
Comprehensive coverage: Business Owners Policy and Excess Liability, with customizable options like Professional Liability, EPLI, and more.
Admitted coverage: Inclusive of high-need services such as barbering, massage therapy, fitness studios, and even historically non-admitted risks like body piercing.
Scalable appetite: Suitable for both single- and multi-location operators.
Frictionless process: Instant quote-to-bind and real-time underwriting decisions via Rainbow's proprietary digital platform.
Expert assistance: Backed by experienced underwriters and support staff.
With this launch, Rainbow expands its portfolio of carefully selected, desirable small business risks—advancing its goal of redefining small business insurance through the fusion of cutting-edge technology and human expertise. To learn more, visit https://www.userainbow.com/industry/beauty-wellness-insurance.
Founded in 2022, Rainbow is a specialist managing general underwriter building tailored small business insurance programs. Through a combination of continuous underwriting technology and experienced human touch, Rainbow is pioneering insurance products that help prevent claims while protecting what matters. Rainbow offers agents a seamless quote-to-bind experience and supports digital distribution through select partnerships. Visit Rainbow at www.userainbow.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
a minute ago
- Business Wire
Red Hat Named a Leader in Multicloud Container Platforms by Independent Research Firm for 2025
RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, the world's leading provider of open source solutions, today announced that it has been named a Leader in The Forrester Wave™: Multicloud Container Platforms, Q3 2025 report. Red Hat scored the highest among evaluated vendors in both the current offering and strategy categories. Red Hat attributes this recognition to its strong execution in the multicloud container platform market. According to the Forrester report, "OpenShift is a good fit for enterprises that prioritize support, reliability, and advanced engineering, particularly in regulated industries such as financial services." The report also notes that, 'customers consistently praise Red Hat's enterprise-grade offerings and support, especially for managed services…' Forrester's analysis found that 'Red Hat excels in core Kubernetes areas, offering robust operator options, powerful management, GitOps automation, and flexible interfaces via a GUI or command-line interface (CLI). OpenShift's SLAs of 99.95% for public cloud managed-service versions showcase Red Hat's capacity to engineer capabilities beyond those of native public cloud services.' Additionally, it states that, 'Developers will find just about everything they need with Red Hat's above-par scores in developer experience, service and application catalogs, microservices, service mesh, DevOps automation, and integration.' Red Hat is also applying its entire hybrid cloud stack — from the critical Linux foundation of Red Hat Enterprise Linux to optimize model serving and advanced inference — to support generative AI (gen AI) development and operations. Supporting Quotes Mike Barrett, vice president & general manager, Hybrid Cloud Platforms, Red Hat 'Red Hat continues to provide the leading platform for organizations navigating the complexities of multicloud environments. Being named a Leader in The Forrester Wave™ for Multicloud Container Platforms reinforces our commitment to delivering robust, enterprise-grade solutions that empower our customers to innovate with confidence across their hybrid cloud footprints. Our focus on core Kubernetes capabilities, strong developer experience and strategic AI integrations positions us well for the evolving needs of the market. Sovereign cloud, coupled with the digital independence required to get the most from AI, have made multicloud investments a leading priority for our global customers. ' Additional Resources Learn more about Red Hat OpenShift Red Hat named a Leader in The Forrester Wave™: Multicloud Container Platforms, Q3 2025 Connect with Red Hat About Red Hat, Inc. Red Hat is the open hybrid cloud technology leader, delivering a trusted, consistent and comprehensive foundation for transformative IT innovation and AI applications. Its portfolio of cloud, developer, AI, Linux, automation and application platform technologies enables any application, anywhere—from the datacenter to the edge. As the world's leading provider of enterprise open source software solutions, Red Hat invests in open ecosystems and communities to solve tomorrow's IT challenges. Collaborating with partners and customers, Red Hat helps them build, connect, automate, secure and manage their IT environments, supported by consulting services and award-winning training and certification offerings. Forward-Looking Statements Except for the historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company's current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements. Red Hat, Red Hat Enterprise Linux, the Red Hat logo, and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries. Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester's objectivity here.
Business Wire
a minute ago
- Business Wire
Séché Environnement: Successful Tap Issue of the Green Bond Maturing 2030 for €70 Million
CHANGÉ, France--(BUSINESS WIRE)--Regulatory News: On July 30, 2025, Séché Environnement (Paris:SCHP) issued €70 million in principal amount of additional bonds, which will be fungible with its €400 million green bond issued on March 19, 2025 (the 'Green Bond') 1. This bond issue was subscribed by leading international investors. Except for the issue price, the new bonds have the same terms as the March 2025 issue, namely a coupon of 4.50% and a maturity date of March 25, 2030. Also rated BB by Standard & Poor's and Fitch Ratings, the new bonds will be fully fungible with the bonds issued in March 2025 after 40 days of the settlement date of the transaction and will be listed on Euronext Dublin. The net proceeds from this issue will be used (i) for the Group's general corporate purposes, which may include investments in certain Eligible Projects in accordance with the Issuer's sustainability framework ("Green Bond Framework"), as well as to finance its continued growth, including certain acquisitions, and (ii) to pay the costs and expenses related to the placement of the additional bonds. Upcoming events About Séché Environnement Séché Environnement is a leading player in waste management, including the most complex and hazardous types, and environmental services, particularly in the event of environmental emergencies. Thanks to its expertise in creating circular economy loops, decarbonization, and hazard control, and its cutting-edge technologies developed by its R&D department, Séché Environnement has been contributing for nearly 40 years to the ecological transition of industries and territories, as well as to the protection of life. A French family-owned industrial group, Séché Environnement supports its customers through its subsidiaries in nine strategic countries and more than 120 locations worldwide, including around 50 industrial sites in France. With around 7,300 employees, including approximately 3,000 in France, Séché Environnement generated revenue of €1,110.4 million in 2024, of which approximately 32% was generated internationally. Séché Environnement has been listed on the Euronext Eurolist (compartment B) since November 27, 1997. The stock is included in the CAC Mid&Small, EnterNext Tech 40 and EnterNext PEA-PME 150 indices. ISIN: FR 0000039139 – Bloomberg: – Reuters: For more information: Cautionary statement The notes will be offered only outside the United States to non-U.S. persons in offshore transactions pursuant to Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), subject to prevailing market and other conditions. There is no assurance that the offering will be completed or, if completed, as to the terms on which it is completed. The notes to be offered have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or unless pursuant to an applicable exemption from the registration requirements of the Securities Act and any other applicable securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. The notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area ('EEA'). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, 'MiFID II'); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (as amended, the 'Prospectus Regulation'). The notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor (as defined above) in the United Kingdom. The expression 'retail investor' in relation to the United Kingdom means a person who is one (or more) of the following: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the 'EUWA'); (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 and any rules or regulations made thereunder to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the EUWA. This announcement does not constitute and shall not, in any circumstances, constitute a public offering nor an invitation to the public in connection with any offer within the meaning of the Prospectus Regulation or otherwise. The offer and sale of the notes will be made pursuant to an exemption under the Prospectus Regulation from the requirement to produce a prospectus for offers of securities. In the United Kingdom, this announcement is directed only at (i) persons having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the 'Order'), or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order, or (iii) persons to whom it would otherwise be lawful to distribute them, all such persons together being referred to as 'Relevant Persons.' The notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such notes will be engaged in only with, Relevant Persons. MiFID II professionals/ECPs-only/ No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail investors in EEA. UK MIFIR professionals/ECPs-only/ No UK PRIIPS KID – Manufacturer target market (UK MIFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No UK PRIIPs key information document (KID) has been prepared as not available to retail investors in the United Kingdom. Neither the content of Séché Environnement's website nor any website accessible by hyperlinks on Séché Environnement's website is incorporated in, or forms part of, this announcement. The distribution of this announcement into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. 1 See press release dated March 19, 2025.
Business Wire
a minute ago
- Business Wire
Andromeda Security Unveils Strategic Enhancements to Combat Escalating Identity Attacks
SAN FRANCISCO--(BUSINESS WIRE)-- Andromeda Security, the company automating permissions and lifecycle across human and non-human identities, today announced a major product expansion delivering broad support for cloud services, granular resource-level access visibility, and critical integrations such as Active Directory. This launch reflects the company's continued mission to reduce the identity attack surface and help organizations accelerate their Zero Trust journey. With 95% of permissions over-provisioned, and 99% of organizations blaming insecure identities for breaches, enterprises face mounting risk from both human and non-human identities (NHIs) and the coming onslaught of AgenticAI. 'Andromeda stands out as a strategic partner in identity security, providing the holistic visibility needed for both human and non-human identities," said Bill Harper, Director of IAM, New American Funding. 'Its powerful risk and behavioral context fuels intelligent automation for streamlined Just-in-Time access, giving us immense confidence in our security posture.' Cloud-scale has broken traditional identity tools. The complexity and speed of today's hybrid environments require intelligent automation that's informed by deep, real-time context. Siloed identity tools leave dormant accounts or over-provisioned access unmonitored, making them prime targets for exploitation and contributing directly to financial losses. When organizations are managing thousands of identities across cloud and applications with minimal visibility into actual usage patterns, they're operating blind. 'This release is a testament to our team's rapid pace of innovation and deep understanding of the modern identity threat landscape,' added Basavaiah. 'We are not just adding features, we are expanding the breadth, depth, and precision needed to address today's most complex identity challenges.' The updates deliver on a roadmap driven by customer demand, providing the most expansive coverage for identity security across multi-cloud and hybrid deployments including: Expanded Cloud Service Provider Support: Comprehensive support for Google Cloud Platform (GCP), reaching parity with AWS and Azure. Includes JIT access, User Access Reviews (UAR), and activity-based insights for GCP identities. Active Directory Integration: Bridges hybrid identity by ingesting on-prem AD data to provide compliance and risk visibility across humans, NHIs, and the Group and UARs. Business-Critical App & Data Store Integrations: New support for Salesforce, Snowflake, MongoDB Atlas, and ElasticSearch risk insights across humans and NHI, JIT access and UARs. Fine-Grained Cloud Resource Management: Resource-level visibility, JIT access and UAR now available for AWS (S3, RDS, DynamoDB, Redshift, EC2, Secrets Manager), GCP (BigQuery, Cloud Storage), and Azure (Blob Storage, VMs). Kubernetes Security: Native support for EKS, AKS, GKE, and self-managed clusters for namespace- and cluster-level access control. Expanded HRIS & ITSM Integrations: Support for Workday, ADP, and Jira, including JIRA-based access validation for JIT workflows. UAR & JIT Enhancements: More advanced user access review features (e.g., group reviews, auto-revocations) and expanded JIT workflows, now integrated with Jira, Slack, and Teams. Multi-Tenancy for MSSPs: New capabilities for MSSPs and enterprises managing multiple environments. Andromeda's architecture is purpose-built for contextual, risk-driven identity automation, ingesting data from identity providers, cloud logs, and applications into a unified graph-based data lake. Its AI models power insights and decisions around risk, posture, usage, and behavior, delivering automated remediation, access enforcement and improved compliance with confidence and speed. 'What began as a search for a better User Access Review tool quickly turned into a game changing move for our identity security program,' said Emilio Sepulveda, Director of Security & Compliance at Deepwatch. 'Andromeda did not just improve our access reviews—it redefined how we manage identity across the organization. The onboarding was seamless and the platform gave us immediate, precise control over both human and nonhuman identities.' About Andromeda Security Andromeda Security addresses the most persistent challenges in identity security: excessive and inappropriate access across both human and non-human identities, manual processes and a lack of end-to-end context – compounded by fragmented data. Its data-centric platform unifies identity, entitlement, and activity data into a graph-based architecture—building rich context and laying the foundation for intelligent automation while delivering holistic visibility and remediation. Powered by AI, Andromeda utilizes contextual intelligence built on risk and behavior insights to provide automated and continuous enforcement of least privilege, Just-in-Time (JIT) access, User Access Reviews (UAR), and identity lifecycle governance—helping organizations reduce their attack surface, improve operational agility, and simplify compliance.
