October 28, 2015 by Canadian Underwriter
Small business owners in British Columbia, Alberta and Ontario can now purchase their business and liability insurance from their computers or smartphones in as little as 90 seconds, according to Bullfrog Insurance, a Mississauga, Ont.-based online brokerage.
“We have simplified what can typically be a very confusing and time consuming process for many small business owners,” said Sam Natur, CEO & president of Bullfrog Insurance, in the release. “Small business owners can simply go online and instantly get multiple quotes to choose from. They can directly purchase the policy that is right for them and have it emailed immediately, without taking valuable time away from their busy schedules.”
The traditional way of seeking insurance requires new businesses to fill out complicated forms, make numerous phone calls and set up meetings with brokers during their work day, a process that can take days or weeks to complete, the brokerage added.
Buying insurance is one of the most important decisions a small business can make, Bullfrog said, noting that its research shows that approximately 85% of small business owners purchase insurance within the first year of operation, and 74% of that group within the first six months.
Bullfrog provides small businesses the option to buy their insurance online within the following fields: contractors, office professionals, healthcare professionals and retailers can obtain quotes and purchase coverage online or by calling Bullfrog if they want to speak to an agent. Businesses outside of these fields can also start quotes online and purchase their policy over the phone.
An easy and user friendly online system, the client fills out a questionnaire which will generate up to four separate quotes to choose from, the release explained. The site also boasts a live chat and call centre open from 8 a.m. to 8 p.m. EST Monday to Friday to answer any additional questions.
“Once a choice is made, the final policy can be purchased online in as little as 90 seconds,” the release said. “With peak traffic time to the Bullfrog site taking place before 9 a.m. and after 5 p.m., this reinforces the fact that many small business owners take time during off hours to address their insurance needs.”
Bullfrog’s insurance partners include Aviva Canada, The Guarantee Company of North America, Northbridge Insurance and South Western Group. It provides access to general liability insurance, professional liability insurance, health benefits, getting bonded, travel insurance and more.