The latest partnership news update for you;
Simply Business, one of the UK’s largest insurance providers for small businesses and landlords, today announced a new partnership with ElevateSpecialty, a technology-enabled Managing General Agent (MGA). As the latest addition to Simply Business’s panel of insurers, Elevate Specialty expands the digital broker’s insurance offering for its one million customers, giving them the opportunity to add cyber insurance to their existing cover.
Elevate Specialty’s cyber protection insurance is designed to help small businesses manage the financial, operational and reputational impact of cyber events. The product covers hacking, data breaches and fraud, and includes cyber crime, data breach expenses, cyber liability and expert helpline access for guidance, triage and recovery assistance.
Julie Fisher, UK CEO at Simply Business, said “For small and micro businesses, cyber threats are a rapidly growing concern, and navigating those risks can be daunting. By partnering with Elevate Specialty, we are making it simpler for our customers to add cyber insurance directly to their existing policies so they can better protect their businesses from the impact of online attacks.”
Mickey Attia, CEO of Elevate Specialty Limited, said “We’re excited to partner with Simply Business, who has built genuine trust with one million customers across more than 1,700 trades and professions. Bringing our cyber product to that community means we can put meaningful, accessible protection in the hands of small business owners, many of whom don’t have dedicated IT teams or enterprise-level budgets.”
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