Latest Small Business Headlines

All the headlines from our Small Business Topic Page, ordered by recency.

Hanover Offers Agents Small Business Platform Using CoverWallet Technology

Apr 17 2019 // The Hanover Insurance Group is debuting a digital platform to help independent agents acquire new small business customers including freelancers, contractors and other self-employed professionals.Calleed Insurago, the...

Nationwide Expands Small Business Insurance Direct Platform

Apr 15 2019 // Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial insurance platform.Now, 30 different business types can access the platform. Businessowners...

Young Small Businessowners Don’t Like Insurance Agents. Uh, Not Really.

Apr 12 2019 // Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They’re generally happy with their business insurance.Each owns a business at the downtown pedestrian mall in Charlottesville,...

Nationwide Expands Small Business Insurance Direct Platform

Apr 3 2019 // Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial insurance platform.Now, 30 different business types can access the platform, which enables...

Judge Nixes Trump Administration’s Low-Cost Association Health Plans for Small Firms

Mar 31 2019 // A federal judge has struck down a small-business health insurance plan widely touted by President Donald Trump, the second setback in a week for the administration’s health care initiatives.U.S. District Judge John...

Sayata Labs Raises $6.5M for Cyber Risk Underwriting Service

Mar 28 2019 // Tel Aviv-based Sayata Labs has raised $6.5 million in seed funding for its cybersecurity and data science capabilities that give insurers and brokers the ability to assess the cyber risk of small and medium sized...

Analysis: Warren Buffett Champions an Inferior Product in THREE Policy

Mar 25 2019 // Warren Buffett, often ahead of the curve, sounded like a disrupter in a 2004 shareholder letter. Fifteen years ago, Buffett wrote, “Insurers have generally earned poor returns for a single reason: They sell a...

Oklahoma House Passes Bill to Help Small Businesses Grow

Mar 14 2019 // Legislation that would make the Small Employer Quality Jobs Program more accessible to startup companies and small businesses has passed the Oklahoma House of Representatives with a bipartisan vote of 88 to 5.The Small...

5 Questions to Ask Small Businesses to Uncover Their Cyber Blind Spots

Mar 11 2019 // In an increasingly digital world, it’s important that small businesses don’t get left behind when fending off cyber threats. While a recent study by Forbes Insights and The Hanover shows that most small...

Small Business Owners Don’t Trust Commercial Insurance Buying Process: Accenture

Mar 4 2019 // Small commercial insurers aren’t giving their client base what they want — a simple and easy purchase experience. Whether online or through an agent, business owners are left confused, frustrated and having to...

PIA Makes Cyber Product Available for Agents to Sell to Small Business Clients

Feb 28 2019 // The National Association of Professional Insurance Agents (PIA National) has given its members a cyber insurance product to sell to their small and mid-sized businesses clients.PIA and ABA Insurance Services (ABAIS) have...

Look Who Is Betting on the Agency System

Feb 15 2019 // According to some pundits, buyers should all be online and the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors betting...

InsurTechs Take Note: Chubb’s Digital Marketplace Serves 1,000 Agents a Day

Feb 13 2019 // Giant global insurer Chubb is on a mission to transform itself into a digital enterprise.The company is making substantial investments in digital technologies including cloud, mobile, APIs, security, chatbots, analytics...

Berkshire Hathaway’s New ‘THREE’ Policy Seeks to Simplify Small Business Insurance

Feb 12 2019 // Berkshire Hathaway’s Insurance Group has launched a comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate’s legendary chairman has endorsed it.The product,...

Small Businesses Under Scrutiny Over Classifying Independent Contractors

Jan 28 2019 // Small business owners who want to use independent contractors need to be sure these workers really aren’t employees.Federal and state government agencies are on the lookout for businesses that use independent...

Who’s Investing in the Agency System

Jan 21 2019 // According to some pundits, the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors putting their money where their mouth is...

How to Prevent Small Business Clients from Hitting Cyber Blind Spots

Jan 21 2019 // Ask 5 Key Questions to Help Identify Cyber RiskIn an increasingly digital world, it’s important that small businesses don’t get left behind when fending off cyber threats. While a recent study by Forbes...

Hiscox Stages Cyber Attack to Show Small Businesses What It’s Like to Be Hacked

Jan 18 2019 // Hiscox, a specialist in small business and cyber insurance, recently staged a “real world” hack to demonstrate what a cyber attack would look like for small businesses.The insurer collaborated with UK bike...

Most UK Small Businesses Remain in the Dark About Cyber Risks

Jan 7 2019 // A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by or even unaware of the rules around the EU’s General Data Protection Regulation (GDPR), while more...

CoverWallet Opens Its Tech Platform, Carriers to Independent Agents

Jan 7 2019 // “We give you a login and password, and then every time that you talk to a customer, you can use our platform to sell faster, simpler, quicker,” said CoverWallet CEO Inaki Berenguer, referring to insurance...