The new collaboration is designed to support companies with at least 10 employees and a minimum turnover of £750,000, expanding Simply Business’s product offerings for larger businesses.
Simply Business, which provides insurance to sole traders, microbusinesses, landlords, and small businesses across more than 1,200 trades and professions, sees this partnership as a key milestone in its growth strategy.
“We are thrilled to welcome Markel as a global partner,” said Ruth Owen, Director of Commercial at Simply Business UK. “Their outstanding customer service and expertise in the SME sector make them an ideal fit for our expanding portfolio. Small businesses are the lifeblood of our communities, and this partnership allows us to offer even greater choice, simplicity, and value.”
The partnership represents a significant step forward in Simply Business’s mission to deliver comprehensive and accessible insurance solutions to businesses of all sizes.
Markel’s Contractors Combined product, tailored to meet the specific needs of contractors, will be the centerpiece of this collaboration. Nicola Sumner, Divisional Director – Partnerships at Markel, highlighted the mutual benefits of the partnership: “Simply Business has an impressive track record of growth and high standards of customer service.”
She added “We are excited to support their expansion into the larger-companies space with a product designed to offer robust coverage and added-value services.”
