The Guarantee Company of North America announced that it has “teamed up with Bullfrog Insurance to provide a faster and simpler way for Canadian small business owners to obtain small business insurance.”
They have developed a new online portal – Called Bullfrog Insurance, or “insurance without the bull -” which is “designed to allow business owners to purchase a policy that is tailored to their industry and meets their budget. Small business owners in the Canadian marketplace no longer have to fill out long, tedious forms and wait days, even weeks, to receive insurance quotes for their small business.”
Glenn Woodard, The Guarantee’s National Vice-President, Corporate Insurance, commented: “Small business owners today are part of a very competitive marketplace and struggle to find time to get the insurance they need without being tied up in a rather consuming process.”
The bulletin also noted that “small business owners usually find themselves confused over what coverage they need, Bullfrog Insurance ensures businesses are getting the right coverage based on the industry in which they operate. Should owners have any questions, there are experienced Bullfrog Insurance brokers they can reach through online chat or by phone.”
Sam Natur, CEO & President, Bullfrog Insurance, explained: “The online process is simple and you can select your business category from a drop-down menu, so you know you are getting a policy that is specific to your line of business. You get the coverage you need with the security of knowing you aren’t over or under insured. Bullfrog Insurance is going to flip the commercial insurance market on its head. It’s just what small businesses need in today’s marketplace.”
Bullfrog Insurance was initially launched in Ontario. It has now expanded to include two other provinces, British Columbia and Alberta, and has more expansion plans in the works. It’s working on plans to form partnerships with insurers like The Guarantee to cater to small businesses across Canada.
“One policy at a time, we will make it easier for Canadian small businesses to prosper while being protected from potential risks that could halt their growth,” Woodard added. “We are very excited to be part of a program that is the first of its kind in Canada and that can provide Canadian small business owners with the right risk protection and ease they deserve.”
Sources: Bullfrog Insurance and The Guarantee
Topics Mergers & Acquisitions Commercial Lines Business Insurance Canada
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