Small-business insurtech

The biggest, most-contested category in commercial insurance — and the one with the most models. Full-stack digital carriers, incumbent-backed direct insurers, API-first MGAs, and on-demand platforms all compete to cover the corner store, the contractor, and the consultancy. Independent, research profiles, with rating status and key facts side by side.

Ratings are not yet published under methodology v2.1. Tap any company for the full profile, or read the ratings methodology.

biBERK

Best for: Small businesses that want direct coverage with maximum financial strength behind it
Backing: Part of Berkshire Hathaway Insurance Group; carriers rated A++ (Superior) by AM Best; not venture-backed
Key coverage: General Liability, Business Owner's Policy (BOP), Workers' Compensation +3 more
Availability: US small businesses

Coterie Insurance

Best for: Agents and platforms wanting instant, API-driven small-business BOP and GL
Backing: Series C led by Allianz X (2025); ~$102M+ raised before it; A/A- rated capacity
Key coverage: Business Owner's Policy (BOP), General Liability, Professional Liability +3 more
Availability: Admitted products in all 50 states

Hiscox

Best for: Professional-services firms whose main exposure is professional liability (E&O)
Backing: Division of Hiscox Ltd (LSE-listed); not venture-backed
Key coverage: Professional Liability / E&O, General Liability, Business Owner's Policy (BOP) +1 more
Availability: US; BOP in 43 states + DC

Next Insurance

Best for: Small businesses wanting several coverages from one fast, online, well-backed provider
Backing: Acquired by Munich Re's ERGO Group for $2.6B (2025); rebranding as ERGO NEXT
Key coverage: General Liability, Business Owner's Policy (BOP), Workers' Compensation +5 more
Availability: US (not available in all states)

Thimble

Best for: Contractors and short-duration or seasonal businesses that don't want an annual policy
Backing: Wholly owned subsidiary of Arch Insurance Group; A-rated partners
Key coverage: General Liability, Professional Liability / E&O, Business Owner's Policy (BOP) +7 more
Availability: US small businesses (1,000+ activities)

Company	Best for	Backing	Key coverage	Availability
biBERK	Small businesses that want direct coverage with maximum financial strength behind it	Part of Berkshire Hathaway Insurance Group; carriers rated A++ (Superior) by AM Best; not venture-backed	General Liability, Business Owner's Policy (BOP), Workers' Compensation +3 more	US small businesses
Coterie Insurance	Agents and platforms wanting instant, API-driven small-business BOP and GL	Series C led by Allianz X (2025); ~$102M+ raised before it; A/A- rated capacity	Business Owner's Policy (BOP), General Liability, Professional Liability +3 more	Admitted products in all 50 states
Hiscox	Professional-services firms whose main exposure is professional liability (E&O)	Division of Hiscox Ltd (LSE-listed); not venture-backed	Professional Liability / E&O, General Liability, Business Owner's Policy (BOP) +1 more	US; BOP in 43 states + DC
Next Insurance	Small businesses wanting several coverages from one fast, online, well-backed provider	Acquired by Munich Re's ERGO Group for $2.6B (2025); rebranding as ERGO NEXT	General Liability, Business Owner's Policy (BOP), Workers' Compensation +5 more	US (not available in all states)
Thimble	Contractors and short-duration or seasonal businesses that don't want an annual policy	Wholly owned subsidiary of Arch Insurance Group; A-rated partners	General Liability, Professional Liability / E&O, Business Owner's Policy (BOP) +7 more	US small businesses (1,000+ activities)