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SMALL BUSINESS TRENDS

Biz2Credit | June 09, 2021

According to the latest release on June 08, 2021, by Biz2Credit Small Business Lending Index™, small business loan approval rates hiked slightly from 13.4% in April to 13.5% in May 2021 at big banks. However, small bank loan approval percentages climbed much higher from 18.2% in April, to 18.7% in May. “As more and more people are vaccinated from COVID-19 and ease in lockdowns, access to the favorable economic conditions loan approval by banks hiked to 0.3%,” sai...

Live Insurance News | January 17, 2020

The insurers have announced they will be launching the products in several U.S. markets. Cigna and Oscar Health have announced their intentions to launch small business health plans across a number of commercial markets in the United States. The partnership intends to move forward with the move together, letting them split the potential risk. Oscar is an insurance company best known for selling individual plans on the Affordable Care Act’s exchanges. The company has been seeking to broaden...

SMALL BUSINESS ADVICE

Simply Business, LLC | September 27, 2022

Simply Business, LLC., a Boston-based digital insurance agency focused on small businesses, today announced the launch of a partnership with biBERK Business Insurance, a Berkshire Hathaway company, to offer workers' compensation products online to small business owners in the United States.Through this new partnership, small business owners can receive a biBERK workers' compensation quote through the Simply Business website. They also have the option to digitally bind policies and speak ...

PYMNTS | March 05, 2020

It’s no coincidence that investors placed record-high levels of funding in InsurTech startups last year. Policyholders want to be able to shop for insurance products the same way they shop for goods: online. The drive for the digital-first experience isn’t unique to consumers, either, as increasingly, small business owners seek out an online insurance shopping experience that mirrors that of their personal lives. But the migration of the insurance origination, underwriting and sales ...