Facts and Figures Explain How Insurance Agents Empower America's Small Business Owners
For small to medium business (SMB) owners, numbers tell a compelling story: insurance can be the difference between rebounding from a loss and going out of business. As small business owners themselves, most insurance agents know this only too well.
Agents play a vital role in making insurance work for businesses. And looking at statistics, there is an excellent opportunity for agents to educate business owners about risks and ways to close coverage gaps.
We’ve put together a few facts and figures about SMBs and insurance for Small Business Month (and every month of the year).
Statistics like these are a powerful reminder of how important SMBs are to communities and the economy at large—and how vulnerable many of these businesses are to large-scale loss events.
Insurance is essential to small businesses—and insurance agents play a vital role in ensuring success for their SMB clients. At Bold Penguin, we understand this, which is why we’re dedicated to making it easier for agents to work with business owners to ensure they have the right insurance coverage.
Birds of a feather flock together to help independent agents
Cybersecurity Awareness Month brings essential attention to the commercial insurance landscape. No business is immune to cyber attack risk. Small and medium-sized businesses (SMB) owners must be vigilant to protect themselves.
Businesses must be classified with the right NAICS code for insurance to get proper coverage.