Simply Business

Simply Business

Provides tailored business insurance online

About

Simply Business provides business insurance specifically designed for small businesses and landlords in the UK. Their offerings include various types of insurance such as public liability, professional indemnity, employers' liability, and specialized coverages like tool and van insurance. Clients can easily obtain quotes and purchase policies through an online platform, which allows for quick adjustments to coverage as business needs evolve. Unlike many traditional insurance providers, Simply Business focuses on the unique requirements of small enterprises, making the insurance process straightforward and flexible. Their goal is to be a reliable partner for small business owners, helping them protect their operations with tailored insurance solutions.

Company Stage

Acquired

Employees

501-1,000

Industries

Fintech, Financial Services

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

2000


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Simplify's Take

What believers are saying

  • Growing demand for digital insurance solutions benefits Simply Business's online platform.
  • Partnership with Coterie Insurance expands BOP coverage nationwide.
  • Focus on mental health support enhances customer loyalty and brand reputation.

What critics are saying

  • Increased competition from new insurtech startups could erode market share.
  • New UK CEO may lead to strategic shifts misaligned with market demands.
  • Acquisition by Travelers may affect Simply Business's operational autonomy.

What makes Simply Business unique

  • Simply Business offers tailored insurance for small businesses and landlords in the UK.
  • Their digital-first platform simplifies the insurance buying process for clients.
  • Partnerships with insurers expand their range of customizable insurance products.

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Benefits

Hybrid Work Options

Mental Health Support

Flexible Parental Leave

Paid Sabbatical

Life Event Leave

Professional Development Budget

Competitive Salary

Performance Bonus

401(k) Company Match

Private Medical Insurance

Health Cash Plan

Paid Vacation

Life Assurance

Flexible Benefits Scheme

Remote Work Options

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