Simply Business Offers Insurance to Third-Party Sellers Through Amazon Insurance Accelerator

Rhea-AI Summary

Simply Business, based in Boston, announced its participation in the Amazon Insurance Accelerator to provide product liability insurance for third-party sellers. As e-commerce grows, this initiative aims to simplify the insurance process for sellers required to obtain coverage based on sales thresholds. Group CEO David Summers emphasized the commitment to offer a fast and easy insurance-buying experience. With over 750,000 customers globally, Simply Business, a subsidiary of The Travelers Companies (NYSE: TRV), continues to innovate insurance solutions for small businesses.

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• Participation in the Amazon Insurance Accelerator to provide product liability insurance.
• Expanding insurance services for growing e-commerce sector.
• Commitment to a simplified and fast insurance-buying experience.

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• None.

BOSTON, Aug. 11, 2021 /PRNewswire/ -- Simply Business, Inc., a Boston-based digital insurance agency focused on small businesses, today announced its participation in the newly created Amazon Insurance Accelerator to distribute product liability insurance solutions to its third-party sellers.

"We've seen rapid growth in the e-commerce industry over the last several years, and we're looking forward to extending our digital proposition to Amazon's third-party sellers," said David Summers, Group CEO of Simply Business. "We work with a growing number of nationally recognized insurance providers and are committed to providing business owners with choice, and a fast and simple insurance-buying experience."

Amazon requires third-party sellers to obtain product liability coverage after reaching certain sales thresholds, and the Amazon Insurance Accelerator helps sellers more easily and affordably secure this insurance. More details of the program can be found here.

Participating in Amazon Insurance Accelerator is yet another example of how Simply Business is changing the way small business owners protect the businesses they have worked hard to build.

For more information about Simply Business, please visit SimplyBusiness.com. 

About Simply Business
Simply Business is changing the way small business owners find business insurance by offering customers tailored insurance coverage online. The company began in the United Kingdom and expanded to the United States in 2017, naming Boston home. With over 750,000 customers globally, Simply Business has become a leader in the space through its commitment to a customer-first model, focusing heavily on simplicity, choice and value.

Simply Business is a wholly owned subsidiary of The Travelers Companies, Inc. (NYSE: TRV).

Follow Simply Business on Facebook and LinkedIn.

Media Contact:
Jackie Dunn
Jackie.dunn@simplybusiness.com

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SOURCE Simply Business

FAQ

What is the Amazon Insurance Accelerator involving Simply Business?

Simply Business is participating in the Amazon Insurance Accelerator to help third-party sellers obtain product liability insurance.

When was the announcement made regarding Simply Business’s participation in Amazon Insurance Accelerator?

The announcement was made on August 11, 2021.

How does Simply Business support e-commerce sellers?

By providing tailored product liability insurance through the Amazon Insurance Accelerator.

What company's subsidiary is Simply Business?

Simply Business is a wholly owned subsidiary of The Travelers Companies, Inc. (NYSE: TRV).

How many customers does Simply Business serve globally?

Simply Business serves over 750,000 customers globally.