Simple Business We have partnered with Workers' Accident Compensation Insurance to expand our workers' accident compensation insurance services for small and medium-sized businesses. Provider employer.
With this expansion, Simply Business can now digitally quote and close workers' compensation insurance for over 300 different policies. Types The companies announced on Wednesday (July 17) that they would provide the grant money to small businesses in all eligible states. press release.
“Employers is known for providing comprehensive workers' compensation solutions that help small business owners protect their businesses and their employees.” Samantha Rhodey“Through their broad appetite and national footprint, we Effectively serve small and medium-sized business customers across a range of industries.”
The addition of the employers expands Simply Business' panel of workers' compensation insurance providers, according to the release.
By working with these providers to offer customized, affordable solutions for small business owners, Simply Business aims to help those who don't know where to buy or can't find the insurance they need. Press “It's prohibitively expensive,” the release said.
The company's technology platform, complemented by the guidance of licensed insurance agents, allows small business owners to compare quotes from more than 20 insurance companies, customize coverage, and purchase and access insurance online, according to a company announcement.
“I am excited “We are partnering with Simply Business, who share our mission of providing cost-effective insurance to America's small businesses.” Chris Champlin“Simply Business's intuitive platform empowers us to meet more customers where they are and secure the workers' compensation insurance they need,” Employers' vice president of digital sales said in a press release.
of Insurance Industry The insurance industry is undergoing a digital transformation, as insurtech startups use artificial intelligence (AI), big data, and other advanced tools and technologies to change how people choose and buy insurance, PYMNTS reported in April.
From 2022 to 2023, the share of consumers buying insurance online will jump from 22% to 27%, while the share of consumers using an agent will fall from 42% to 35%, the research report said. Trans Union.
of Insurance Industry The industry is already adopting AI The technology is sophisticated A sector with a rich operational data library.
