Simply Buiness

Simply Business is a digital insurance broker and agency based in London, United Kingdom, specialising in insurance solutions for small businesses and landlords. The firm was launched in 2005, building upon the foundation of its holding company, Xbridge, which was established in 2000. Simply Business's core mission is to simplify and enhance the accessibility of small business insurance, aiming to remove complexities from the purchasing process by offering clarity, diverse options, and value to its clientele. The company has grown significantly since its inception, now serving nearly one million small businesses and self-employed individuals, alongside landlords, across the UK and internationally.

The company operates a robust digital marketplace designed to enable small business owners and landlords to efficiently find and acquire the insurance coverage they require. This online platform facilitates the comparison of quotes from a broad panel of leading insurers, allowing customers to select, purchase, and manage their policies in one centralised location. Simply Business aims to provide tailored insurance solutions for over 1,500 different trades, demonstrating its commitment to meeting diverse business needs. 5 out of 5, based on reviews collected on Feefo, an independent customer research specialist.

Simply Business offers a comprehensive array of insurance products tailored for various business types and risks. Its offerings for small businesses include public liability insurance, professional indemnity insurance, and employers' liability insurance. The firm also provides commercial building insurance, product liability insurance, and specialised cover for shops and tools. Further catering to specific business structures and activities, Simply Business offers commercial combined insurance, consultant insurance, contractor insurance, limited company insurance, manufacturing insurance, online retailer insurance, self-employed insurance, sole trader insurance, and tradesman insurance.

These diverse options are designed to protect livelihoods and mitigate various business risks. Beyond its extensive small business portfolio, Simply Business is a significant provider of landlord insurance, protecting hundreds of thousands of property owners. The firm's landlord insurance offerings encompass essential covers such as buildings insurance, landlord contents insurance, loss of rent insurance, and landlord liability insurance. Additional protections include accidental damage cover, alternative accommodation cover, unoccupied property insurance, and tenant default insurance.

Simply Business's landlord insurance is designed to cover a wide range of property types, including individual flats within purpose-built blocks or buildings, as well as entire purpose-built buildings containing multiple flats. The company acknowledges the specific requirements of student accommodation, offering "student landlord insurance" as a property insurance option, while noting that such policies may incur higher premiums due to the associated risk profile. Simply Business has expanded its operations significantly since its founding, growing from a team of five in 2005 to employing over 1,000 individuals across offices in London and Northampton in the UK, and Boston and Atlanta in the US. The company launched its US operations in 2016 and was subsequently acquired by its parent company, Travelers, in 2017.

Despite this acquisition, Simply Business continues to operate as a standalone business, partnering with its panel of carriers to deliver its insurance solutions. The firm's commitment extends to supporting underrepresented entrepreneurs and aspiring business owners, reflecting its broader purpose of enabling small businesses.