Financials

Estimates*

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Revenues, earnings & profits over time
EUR201720182020
Revenues103m154m24.4m
% growth-50 %-

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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N/A

Acquisition
*

$490m

Valuation: $490m

Acquisition
Total Funding-

Recent News about Simply Business

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More about Simply Businessinfo icon
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Simply Business, accessible at simplybusiness.co.uk, is a leading provider of business insurance tailored specifically for small businesses and landlords. The company operates primarily in the UK market, serving a diverse range of clients including sole traders, limited companies, contractors, consultants, and online retailers. Simply Business offers a variety of insurance products such as public liability insurance, professional indemnity insurance, employers' liability insurance, and specialized coverages like tool insurance and van insurance.

The business model of Simply Business revolves around providing fast and flexible insurance solutions. They achieve this by offering an online platform where clients can easily obtain quotes from trusted insurers and purchase the necessary coverage. This digital-first approach not only simplifies the insurance buying process but also allows for quick adjustments to policies as business needs change.

Simply Business generates revenue through commissions earned from insurance providers when clients purchase policies via their platform. Additionally, they may charge fees for certain services or premium features that enhance the customer experience.

In summary, Simply Business stands out in the insurance market by focusing on the unique needs of small businesses and landlords, offering a wide range of insurance products through a user-friendly online platform. Their ability to provide quick, customizable insurance solutions makes them a valuable partner for small business owners looking to protect their operations.

Keywords: business insurance, small businesses, landlords, online platform, public liability, professional indemnity, flexible cover, UK market, insurance quotes, digital-first.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.