[PRESS RELEASE]
Sydney, 19 September 2024 – BizCover, Australia’s number one online business insurance service, has reached an industry milestone with 250,000 small businesses insured through its insurtech platform.
This achievement further cements their unparalleled industry success, now protecting over 10% of Australia’s insured small businesses.
“We are absolutely thrilled that 250,000 small businesses—and counting!—trust BizCover with their business insurance. This incredible achievement is a testament to 16 years of dedication to Australia’s small business community,” says Michael Gottlieb, CEO and co-founder of BizCover.
Established in 2008, BizCover is the sole online platform in Australia connecting small businesses with multiple insurers.
The platform provides unparalleled access to highly competitive quotes and the ability to compare, manage and buy insurance online in minutes from selected leading Australian insurer partners—AIG, Berkley, Chubb, DUAL, Point, QBE, Hollard RelyOn, and Vero.
These strong partnerships helped fuel BizCover’s 15% year on year growth in FY2024.
“By harnessing the latest technologies, we are able to provide a hassle-free experience for small business owners when buying their insurance, connect them with industry-leading insurers, and create more transparency around pricing,” Gottlieb continues.
“This ease in getting covered removes many of the pain points small businesses traditionally experience—from contacting insurers individually for quotes to waiting for policy documents. We set out to make buying insurance as fast and as easy as possible, and we continue to innovate new ways of making business insurance even more drama-free.”
BizCover’s commitment to shaking up the insurance industry extends to every touchpoint with its customers. Not only have more than 17,900 customers shared positive reviews on multiple sites, BizCover also earned a Net Promoter Score (NPS) of 73+ in 2024 which is a standout in the insurance industry.
With a clear vision for the future, BizCover aims to continue breaking new ground and better service more than a quarter-million Australian small business owners in 2025 and beyond.
