- Simply Business is expanding its partnership with Churchill insurance, quoting customers across Business, Landlord and now Shop panels
- Simply Business is one of UKs fastest growing digital insurance brokers with over 800,000 active customers
London, 20th May 2022 – Simply Business, one of the UK’s largest digital insurance brokers for small businesses, today announces a partnership with Churchill Insurance, a leading UK insurer, to give SME shop customers enhanced choice. This sees Simply Business expand its existing partnership with the insurer, with Churchill quoting customers across Business, Landlord and now Shop panels.
The partnership with Churchill will result in greater choice for SMEs operating across the UK. This collaboration combines the brand strength and credibility of Churchill with the digital capabilities and accessible marketplace of Simply Business, which is one of the largest insurance providers in the UK with over 800,000 small business and landlord customers.
The SME shop product will offer SMEs access to a wider choice for their insurance needs, as they continue their post-pandemic recovery and demand increases for this cover. Over the past 12 months Simply Business has seen a 59 per cent increase in demand for new online shop policies, there was a 42 per cent increase in shop and retail and a 21 per cent rise in new business high street policies. The new product suite will join an existing range of insurance offerings provided by Churchill live on the Simply Business platform, including Business and Residential Landlord.
Alan Thomas, UK CEO at Simply Business said: “The pandemic has had a huge impact on small businesses. That’s why we’re delighted to expand our partnership with Churchill, to offer our customers even more choice as they deal with the long-term effects of the pandemic amongst other challenges.
“Owning a shop is about so much more than premises and operations, they’re built by hard working people. Together with Churchill we’re working to make sure there are fewer worries by offering them greater choice for their insurance needs. Our data shows there is a growing demand for shop insurance from SMEs across the country and it’s important we can support these businesses knowing that they will be crucial to our collective recovery.
“At Simply Business we are passionate about supporting small business owners and pride ourselves on offering simplicity, choice and value when it comes to their insurance needs. We are devoted to providing tailored insurance to all small businesses across the UK, and we’re pleased to continue to partner with Churchill and extend our offering.”
Churchill pokesperson, Ian Exworth, Director of Emerging and Specialist markets commented: “We are delighted that even more SMEs will have the opportunity to explore our products and find the cover that is right for their business. Small businesses resonate with the values of the Churchill brand, and it is great we can enhance our digital sales footprint with this partnership. Small businesses are incredibly important for the health of not just the national but also local economies, providing employment and aiding community cohesion, so it is vital they are supported.”