About

SimplyInsured simplifies the process of purchasing health insurance for small businesses, specifically targeting small to medium-sized enterprises (SMEs) that often face challenges in securing health coverage for their employees. The company operates an online platform that allows clients to receive instant quotes and complete applications in under 10 minutes. This platform integrates with major payroll systems, making it easy for businesses to manage employee deductions and set up automatic payments. SimplyInsured earns commissions from insurance carriers for each policy sold, aligning its interests with those of its clients to find the best plans at competitive prices. The company is distinguished by its exceptional customer support, providing personalized assistance and advocacy to ensure clients receive the coverage they need. SimplyInsured's goal is to offer a hassle-free and efficient solution for small businesses navigating the complexities of health insurance.

Simplify's Take

What believers are saying

• Post-pandemic demand for digital health solutions boosts SimplyInsured's digital-first approach.
• Partnerships like QuickBooks enhance SimplyInsured's bundled payroll and benefits offerings.
• Growing emphasis on mental health coverage presents expansion opportunities for SimplyInsured.

What critics are saying

• Increased competition from platforms like Gusto and Zenefits threatens market share.
• Direct-to-consumer platforms may reduce demand for SimplyInsured's brokerage services.
• Changes in commission structures by carriers could impact SimplyInsured's revenue model.

What makes SimplyInsured unique

• SimplyInsured simplifies health insurance with an easy-to-use online platform for SMEs.
• The company offers instant quotes and seamless payroll integration for small businesses.
• Exceptional customer support and advocacy set SimplyInsured apart in the insurance market.

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