Small business

Digital Insurance spoke with Steve Prymas, the chief insurance officer of Embroker, a digital insurance platform, about new products, cybersecurity and digital transformation within the industry.

The most common reason why business executives didn’t purchase executive risk coverages, like D&O, EPL and Fiduciary Liability, was that they didn’t believe the company was big enough to need it, according to a recent study from Coalition, a commercial insurtech.

Digital Insurance spoke with Brett Jurgens, the CEO of Notion, a DIY smart home monitoring company, which is owned by Comcast, about how Notion works with insurers and what benefits smart home monitoring has for policyholders.

Digital Insurance spoke with Rand Harbert, chief agency, sales and marketing officer for State Farm about celebrating 100 years and its support of small businesses.

Commercial structures across the U.S could face up to $13.5 billion in damage in 2022, an amount that will rise at least 25% over the next 30 years as climate change exacerbates flooding from sea rise, storms and extreme rain events, according to First Street Foundation.

Amazon says it isn’t legally culpable because the driver worked for Harper Logistics LLC, one of thousands of small businesses launched in recent years specifically to deliver Amazon packages. By focusing on the key role played by the algorithms, Rana’s attorney, Scott Harrison, is looking to prove that the company controls the operation, managing everything from how many packages drivers must deliver to whether they should be kept on or fired.

Keynova Group, a financial services intelligence firm specializing in benchmark insights, released its 2021 Small Commercial Insurance Scorecard report, which evaluates the small commercial insurance digital capabilities of the 10 largest U.S. carriers.

Microsoft 365 customers are eligible for discounts on At-Bay cyber insurance if certain security controls are implemented like multifactor authentication and Microsoft Defender.

Amazon will require third-party sellers to secure product liability coverage after reaching $10,000 in sales in one month on Amazon.

SynchronoSure has three insurance products available in 48 states, and will be adding new products over the next 60 days. GigBOP, a low-end property/casualty product for the gig economy and small business accounts; a trucking general liability product designed to protect the office and garage operations for small trucking companies; and a recently announced excess liability product.

Research from Next, which surveyed 30,000 small businesses, found that over 40% don’t have business-specific insurance coverage and instead rely on personal insurance policies.

Amid increased work from home during the coronavirus pandemic, new product to launch with multichannel distribution.

Toronto-based company recently raised $3.5 million in seed funding for commercial insurance platform.

The insurance companies plan to launch a new health plan in Q4 to help employers recuperate from COVID-19 losses.

A common target of insurtechs, small businesses are likely to demand changes from their insurance providers in the post-covid-19 world.

Priorities are notably centered around the insurance agent for growth as well as investments in AI and data analytics.

The platform, tailored to small business owners, is first being offered to DJs, but will soon be extended to personal trainers and health & wellness coaches.

An unprecedented, industrywide survey of sexual harassment in the professional workplace reveals industries with the highest prevalence of unwanted sexual behavior, the differences between large and small companies, and blind spots that may be preventing corrections. Fortunately, the data also lights a path forward.

Commercial insurer partners with insurtech SizeUp, helping entrepreneurs maximize profits.