The specialty (also know as E&S) markets represent a growing segment of the insurance industry, as risks become more complex and the need for specialized coverage grows. To address the needs of underserved small businesses in the specialty markets, we use our platform and products to provide coverage that is tailored to the specific needs of small businesses. Slice is here to continue to fill the gap.
As one of the first companies to offer on-demand insurance, starting with coverage for the sharing and gig economy, we’ve expanded our offerings to serve the broader small business specialty markets, providing coverage for 65+ types of businesses. Our newest product, the E&S Contractors General Liability product, is backed by Philadelphia Insurance Companies (PHLY), a company rated "A++" (Superior) by AM Best, and a proud member of the Tokio Marine group. Agents with access to our distribution partners like Access One80, London Underwriters and Security Underwriting Managers have immediate access to this product, as well as our existing products.
All of Slice’s products are designed to address the unique risks faced by small businesses, providing coverage that is flexible, affordable and 100% digital, meaning agents can:
- Quote in 30 seconds & issue in under 5 min
- Automatically issue policies vs “Request to Bind”
- Pay monthly or annually using a credit card
- Access unlimited instant COIs
- Purchase a policy with no need to speak to an underwriter
By leveraging our digital platform and data analytics capabilities, we are able to offer coverage that is easy to purchase and is better suited to the needs of small businesses.
Learn more here.
Read our recent announcement here.