No End in Sight to the Growth of Specialized Insurance Lines, Business and Industry Trends Analysis

As new types of businesses emerged in the global technology boom, and ever-greater lawsuits emerged in the litigation boom, the number of specialty insurance products has grown exponentially.  These highly specialized products are aimed at niche markets.  Specialty products have long been offered to unique industries and types of properties, such as aviation and health services, and even more esoteric insurance has evolved, such as coverage for golf courses and amusement parks.  Today, new products have been developed for the relatively-new sectors and/or risks of online services, data center management and electronic data loss.  Environmental risks coverage is another relatively…

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