small business insurance News
Nationwide, Markel, Munich Re Help Back Next Insurance’s $29M Funding Round
Digital Insurance startup Next Insurance nailed down $29 million in Series A funding, with an investor roster that underscores how many old-school carriers are hedging their bets on technology-fueled ...
Gaps Permeate Within Small Business Disaster Recovery Plans: Nationwide
Carriers targeting the small-business insurance market have their risk management jobs cut out for them in a key area: Many clients don't have a written disaster recovery plan in place despite a need ...
In the UK, Price Drives Insurance Policy Choices for Small/Medium-Sized Businesses
The cost of insurance premiums was ranked as the top deciding factor when picking a policy by 61 percent of small and medium-sized enterprises (SMEs), according to survey data released by ...
Allstate Debuts Revamped Commercial Insurance Quoting Platform; Pledges Policy in 5 Minutes
Allstate debuted a revamped commercial insurance quoting platform that it said will help small business owners buy a policy in about 5 minutes. Allstate's move comes with the emergence of InsureTech ...
CoverHound Small Biz Commercial Site Goes Live
CoverHound, an InsurTech company that allows customers to compare and purchase personal auto insurance online, is adding a full suite of business insurance offerings—including workers compensation ...
U.S. P/C Small Business Insurance Market Ripe for Consolidation: Conning
If heavy competition breeds consolidation, then property/casualty small business insurance is ripe for it in the coming years. Here's why: Both large and small insurers devote lots of attention to ...
Small Businesses Prefer Personal Lines Insurers, Survey Contends
Insurers writing predominantly personal lines of insurance do a better job in satisfying their small business customers than insurers focused more on commercial lines, a new survey contends. ...
More than One-Quarter of Small Businesses Still Don’t Buy Insurance: Hiscox
Last week, global specialty insurer Hiscox published results of a survey of small business owners, revealing that 29 percent have no insurance protection, even though 13 percent have suffered a ...