LOS ANGELES, July 16, 2025 //PR Newswire// -- Venbrook Group LLC ("Venbrook"), one of the fastest growing independently owned insurance brokerage, claims, and risk management consulting companies in the U.S., today announced a strategic alliance with DB Insurance (“DB”) that brings to market specialty coverage options for multi-unit residential properties in California. The Venbrook-designed product is tailored for condominium and townhome HOA policies and is the first offering from the firm's new Specialty Product Group.
Crafted specifically for California commercial property owners who face significant challenges obtaining insurance coverage due to natural disasters, regulatory issues, limited capacity, etc., this new Specialty Residential Property product provides options for coverage in one of the most challenging and underserved markets today. Backed by DB Insurance, Venbrook’s new product covers California condominiums and townhomes only, with various other guidelines for eligibility.
The launch of Venbrook’s new Specialty Product Group is part of the firm’s strategy to enhance its services and address evolving market needs. The new business segment will introduce programs and products for the Construction and Real Estate sector and will be led by Bryan Meyer, Executive Vice President.
Coverage highlights include:
- Admitted Carrier
- Liability $1M/$2M
- Business Income - ALS
- Med Pay $5k per person
- Extended replacement coverage up to 125%
“We are thrilled to partner with DB Insurance Company and bring an admitted, A+ rated carrier to fill the capacity needs of commercial property residential owners in California,” said Jason Turner, Founder and CEO of Venbrook Group. “For many reasons there is a hole in the market. This product is a lifeline for this segment.”
“We are very happy to work with Venbrook on this much needed product,” said Jimmy Bae, LA Branch Manager for DB Insurance. “This is a win for the marketplace.”
For more information, visit us at https://venbrook.com/hoainsurance or email us at propertysubmissions@venbrook.com
About Venbrook®
Venbrook Group, LLC is a holding company with subsidiaries engaged in retail broking, wholesale broking, programs, and claims services. Venbrook's team of experts and industry specialists partner with their clients to manage their risks, create security, promote growth, and add value by delivering best-in-class insurance products and programs. Venbrook is headquartered in Los Angeles, with various locations across the country. For more information, please visit www.venbrook.com.
