Simply Business Insurance- a reliable option for small businesses

Simply Business Insurance- a reliable option for small businesses

Simply Business allows businesses to customize their insurance coverage based on their needs and provides online quotes and quick policy purchase options. 

The company also offers free resources and guides to help businesses understand their insurance needs and requirements.

Overall, Simply Business is a convenient and accessible option for small businesses looking for comprehensive insurance coverage at affordable prices. 

However, it's always important to carefully review policy terms and conditions to ensure that the coverage meets your specific needs.

What is Simply Business Insurance?

Simply Business operates an online insurance brokerage specializing in protecting the Business its customers are building by simplifying the insurance-purchasing process for small businesses. 

Simply Business provides specialist small business insurance customized to the individual client's requirements and offers a variety of insurance covers, from business insurance to product liability insurance and landlord insurance.

The Business prides itself on providing quotes from a broad range of insurers in minutes, allowing its customers to choose the basic insurance they need and options for different risks.

Simply Business offers products online for a broad panel of carriers, including NIG, Chiswell Insurance, More Than, Hiscox, AXA, Zurich, AIG, Covea, and Churchill. 

The team at Simply Business:

Group CEO - David Summers: Summers drives the growth and innovation of Simply Business. 

Before this role, Summers held various positions at Simply Business, including COO and director of operations, and before joining the Business, he worked as a management consultant at Accenture.

UK CEO – Alan Thomas: Thomas oversees the growth and culture of the firm's UK business by keeping the team focused on our long-term vision and strategic priorities. 

He joined Simply Business in 2016, bringing over two decades of experience, including stints at Hiscox and RSA. Before taking on the role of UK CEO, Thomas was the company's chief commercial officer.

COO - Beatriz Montoya: Montoya's role at Simply Business is to create marketing efforts, products, and customer services that enable customers to work and create insurance products that meet the needs of consumers and people who own them. 

Before joining Simply Business, Montoya worked at Time Inc as Head of Marketing and Head of UK Marketing at Euromoney.

What is Simply Business Insurance?

Simply Business provides various benefits for businesses that use their insurance services. 

Some of the critical benefits of Simply Business insurance include:

Customizable coverage: 

Simply Business offers a range of insurance products that can be tailored to meet the unique needs of individual businesses. 

This allows businesses to choose the coverage they need and avoid paying for coverage they don't need.

Competitive pricing: 

Simply Business offers competitive pricing for its insurance products, which makes it affordable for small businesses to obtain the coverage they need to protect their business and assets.

Quick and easy online quotes and purchases: 

Simply Business provides an easy-to-use online platform for businesses to obtain quotes and purchase insurance policies. 

This makes the process quick, convenient, and accessible for businesses of all sizes.

Free resources and guides: 

Simply Business offers free resources and guides to help businesses understand their insurance needs and requirements. 

These resources can be valuable for businesses new to the insurance process or needing help navigating complex policy terms.

Claims support: 

Simply Business supports businesses that need to file insurance claims. 

The company has a dedicated claims team that can assist businesses throughout the claims process, which can help to reduce stress and ensure that claims are processed quickly and efficiently.

Overall, Simply Business provides a range of benefits for businesses looking for affordable and customizable insurance coverage. 

By choosing Simply Business, businesses can obtain the coverage they need to protect their business and assets without breaking the bank.

Why should one have Simply business insurance?

There are several reasons why a small business should consider having Simply Business insurance:

  • Legal requirement: Depending on the type of Business you run, having certain types of insurance may be a legal requirement. For example, if you have employees, employers' liability insurance is a legal requirement in the UK.
  • Protects your business assets: Insurance can help protect your business assets in the event of unexpected events, such as theft, fire, or damage to your property.
  • Covers against liability claims: Liability insurance protects your Business against third-party claims for damages, such as those arising from injuries or property damage caused by your Business.
  • Provides financial protection: Insurance can provide financial protection in the event of unexpected events, such as business interruption due to natural disasters or other emergencies. Gives peace of mind: With insurance coverage, business owners can know that their Business is protected and can recover from unexpected events.

Simply Business provides a range of insurance products that can be tailored to meet the unique needs of individual businesses. 

By choosing Simply Business, businesses can obtain the coverage they need to protect their business and assets while benefitting from competitive pricing and convenient online quote and purchase options.

About Simply Business insurance terms and policy:

Simply Business insurance terms and policies vary depending on the type of insurance product selected. 

However, here are some general points about their insurance policies:

  • Coverage: Simply Business covers a wide range of business risks, including property damage, liability claims, business interruption, cyber attacks, and more. Their customizable policies allow businesses to select the coverage that best suits their needs.
  • Limits and deductibles: Simply Business policies have different limits and deductibles depending on the type of coverage selected. These are outlined in the policy documents and should be reviewed carefully.
  • Exclusions: As with any insurance policy, Simply Business policies have exclusions that outline what is not covered. These can vary depending on the type of coverage selected and should be carefully reviewed to ensure that there are no surprises if a claim is filed.
  • Premiums: Premiums for Simply Business insurance policies are based on various factors, including the type of coverage selected, the size of the Business, and the level of risk involved. Premiums can be paid in whole or installments, depending on the policy terms.
  • Renewal: Simply Business policies typically have a one-year term and can be renewed annually. Policyholders will receive a renewal notice before the policy expiration date, and any changes in coverage or premium will be outlined at that time.

Overall, it is essential to carefully review the terms and policies of any insurance coverage to ensure that it meets your specific needs and provides adequate protection for your Business. 

Bringing It to an End:

In conclusion, Simply Business is a UK-based insurance broker that provides affordable and customizable insurance products for small businesses and self-employed individuals. 

With a wide range of insurance products, including public liability insurance, professional indemnity insurance, employers' liability insurance, business interruption insurance, and more, Simply Business can help businesses protect their assets and mitigate risks.