Venbrook expands into new line of business
US-based insurance brokerage firm Venbrook Group has expanded into a new line of business, extending its risk solutions and product offerings for clients globally.
Jason Allen of Worldwide Risk Management has joined Venbrook to spearhead its government contractor practice, a new line of business for Venbrook.
In his new role, Allen will be responsible for the delivery of transactional and advisory solutions that address the unique risks faced by government contractors domestically and internationally.
The solutions will include Defense Base Act (DBA) coverage, foreign liability, foreign workers compensation, and medical evacuation coverage, among others. Specialties will include SpaceComm solutions, international risk factoring, competitive analysis, OSINT, and others. Venbrook said all its offerings have been designed to meet US and foreign contracting requirements.
Jason Turner, Venbrook's founder and chief executive officer, said: “We are excited to welcome Jason to the Venbrook team. Jason brings extensive knowledge and experience to this unique world of complex insurance transactions. He will help us deliver specialized knowledge for government defense coverage to clients around the globe. We couldn’t be more pleased that he is joining our team.”
Allen commented: “I am thrilled to join Venbrook and help build out the company's international insurance services. This is a win-win for our clients who now have the benefit and expertise of Venbrook's team and deep well of insurance products and risk management solutions.”
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