What is an Insurance Vertical?



Steve McDonnell
eHow Contributor

Last updated October 19, 2014













 Pin
 Share
 Tweet
 Stumble
 Share




What is an Insurance Vertical? thumbnail
Companies often face risks unique to the industry.

Companies must insure themselves against certain risks specific to industries they operate in. For example, a retailer might need to insure itself for product liability in case a product malfunctions and causes an injury. Similarly, a hospital needs to insure itself in case a care provider makes a wrong decision that hurts a patient. While a horizontal solution would encompass insurance that's common to all companies in all industries, an insurance vertical consists of solutions that are specific to industries such as retail, health care and manufacturing

Read more : http://www.ehow.com/info_8293635_insurance-vertical.html