Niche Markets

Oakwood D&O’s insurance brokerage expertise enables us to offer coverage options for a wide range of niche markets, such as the following:

Cannabis

The cannabis industry is quickly becoming big business. As optimism grows for federal legalization, consumer spending continues to increase while investment activity booms. Our goal is to ensure insurance products are available to all cannabis operators who need it – in addition to Professional Lines, we also offer General Liability for the cannabis market.

Bio Pharma Industry

Biopharma refers to drugs manufactured from biological processes – any medical breakthroughs in biotechnology can be considered biopharma. In this space, it is crucial to ensure you have comprehensive coverage for a variety of risks, such as in the event of a product recall or product tampering. We provide Management & Professional Lines insurance coverage for a wide range of biopharmaceutical companies.

Crypto Currency

Crypto currency is a digital asset that works as a medium of exchange and uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. There is often a high risk of hacking and fraud for this sector – and if the worst happens and funds are lost, customers deserve certainty that their assets are protected. Coverage is available under two main classes:

• Specie policies focus on physical damage or loss of private keys – including misuse or theft in cold storage, which is storage that is offline.
• Crime policies cover losses due to hacking, insider theft and fraudulent transfers, in addition to the physical damage or theft of private key data in cold storage.

The demand for cryptocurrency insurance is increasing rapidly, and we are here for all your coverage needs.

SPAC

A Special Purpose Acquisition Company (SPAC) is a publicly traded company that raises blind pool capital through an initial public offering (IPO) for the purpose of acquiring an existing company. We provide a wide range of specialized Management Liability & Professional Lines insurance options to cover your SPAC risks and keep your assets protected.