Small Business Insurance Platforms: Hiscox Review

Small businesses are always up against it when it comes to selecting proper insurance coverage due to niche industries and unique risks. There are many popular platforms that specialize in coverage for such cases. However, how do you choose the right one? Let’s explore one of these platforms, Hiscox, vis-a-vis some of its kind to help you get it right and protect your venture.


Hiscox is a known provider of specialized insurance for small ventures. They cover all of their bases with packages for small-scale operations in IT, media, marketing, and other sectors. Not only that, they also cover quirky business needs like cyber risks and bigwig exposure.

Most businesses review the platform well, citing the following strengths:

* Focus on professional services
* Caters to a broad range of industries
* Has specialized policies for a wide range of risk exposures
* Personalised guidance available
* Competitive rates

Hiscox Small Business Insurance

With that being the case, it’s good to compare the platform with others. So here’s a look.

* Next Insurance. This platform covers a wide range of risks for tech-savvy businesses and freelancers at competitive rates and is easy to use thanks to an intuitive and responsive user interface.
* Insureon. This is a price comparison website for those looking for broader options beyond Hiscox’s specializations. It simply aggregates quotes from multiple insurers, allowing you to compare and select better coverage and pricing for your business.
* Thimbl. This is where freelancers and independent contractors love to look because it offers flexible, on-demand insurance. We are talking about coverage ranging from one hour to a day, month, and or year at competitive rates.

To summarise, Hiscox is one of the best providers of specialized insurance coverage for a wide range of risks for small businesses in various industries. It has earned a dalliance with many business owners who don’t shy to heap praises for quality cover and customer care services. However, there are other platforms to consider if you do not find something suitable for your hustle, level of exposure, and budget. So feel free to check out the above-mentioned platforms and keep it super.