InsureLab
AI-powered MGA delivering rapid, bindable quotes for Management Liability insurance
Overview
InsureLab is a Managing General Agent specializing in Management Liability insurance, leveraging artificial intelligence to accelerate the underwriting and binding process for insurance brokers. Founded in 2024, the company operates as an A+ rated MGA licensed across all 50 US states, offering bindable quotes in under 30 minutes with minimal operational friction.
The company underwriters Directors & Officers, Employment Practices Liability, and Fiduciary Liability coverage through its carrier partnerships. InsureLab emphasizes broker-facing platform capabilities, accepting policy submissions in flexible formats and providing direct access to underwriting decision-makers. The MGA combines rapid turnaround times with comprehensive geographic coverage to reduce broker workload and expand client portfolios.
InsureLab targets insurance brokers seeking faster management liability placements without sacrificing underwriting quality or carrier relationships. The company's AI-powered underwriting platform processes applications quickly while maintaining AM Best A+ rating standards for regulatory compliance and financial stability across its service territory.
Products & Services
Directors & Officers (D&O) Liability Insurance
Coverage protecting company leadership, board members, and elected officials against personal liability arising from management decisions and governance-related claims.
Key Features
- Protection for directors and officers against personal liability
- Covers legal defense costs and settlements
- Applies to claims arising from management decisions and governance actions
Target Users: Insurance brokers serving corporate clients across all industries
Distribution: Broker network across all 50 US states
Employment Practices Liability Insurance (EPLI)
Coverage for employment-related disputes including wrongful termination, discrimination claims, harassment allegations, and wage/hour disputes affecting employees.
Key Features
- Wrongful termination and discrimination coverage
- Harassment and hostile work environment claims
- Wage and hour claim protection
- Defense cost coverage
Target Users: Insurance brokers serving employers of all sizes
Distribution: Broker network across all 50 US states
Fiduciary Liability Insurance
Protection against personal liability when managing fiduciary responsibilities, particularly for pension and benefit plan administration.
Key Features
- Personal liability protection for fiduciaries
- Coverage for benefit plan administration errors
- Breach of duty claims arising from fiduciary role
Target Users: Insurance brokers serving employers with benefit plans
Distribution: Broker network across all 50 US states