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Rainbow MGA provides insurance programs and coverage for restaurants and food businesses.
Founded in California in 2021 by Bobby Touran and Jamie Hankinson, Rainbow MGA develops insurance programs and a mobile platform for managing general underwriting. Its coverage includes liquor liability, business property, spoilage and equipment breakdown for restaurant businesses ranging from new ventures to fine dining. In October 2024, it raised USD 8 million in Series A funding led by returning investor Zigg Capital.
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