Internet Insurance Group (IIG), a Waltham, Mass., based insurance agency that sells commercial insurance to small businesses, has launched its flagship website, SmallBusinessQuote.com.
The firm has been working to build out its product offerings over the past year by building relationships with A+ rated national carriers such as Liberty Mutual, Travelers and The Hartford and refining its technology platforms. It received its initial funding from First Insurance Funding, Northern Bank & Trust and angel investors.
This move comes at the right time, as many small businesses increasingly turn to online platforms to manage key administrative functions such as payroll, benefits, credit and accounting, said Co-founder and CEO Lou Geremia in a company press release.
“It is only natural that they will seek similar outlets for insurance,” he added.
With this in mind, IIG offers small businesses online access to licensed agents who guide them through the purchase process and provide them with quotes from U.S. carriers. In addition to providing a source to obtain commercial insurance, IIG also plans to deliver content to help clients grow their businesses going forward.
The firm plans to expand its product offering over time to offer businesses information and coverage based on their industry. As part of this strategy, it expects to offer online quoting and purchasing for cyber liability insurance in the coming months on Databreachcoverage.com.
Source: Internet Insurance Group
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