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In a remarkable achievement, BizCover, Australia’s top-rated online business insurance platform, has successfully reached a groundbreaking milestone: insuring over 250,000 small businesses across the country. This achievement underscores BizCover’s dominance in the insurtech sector, as it now provides coverage for more than 10% of Australia’s insured small businesses—a number that is only expected to grow in the coming years.

With its unparalleled ability to provide small business owners instant access to competitive insurance quotes from leading insurers, BizCover has revolutionized how insurance is bought and managed. Since its inception in 2008, BizCover has committed itself to streamlining the insurance process; this latest milestone is a testament to that dedication.

“We are absolutely delighted that 250,000 small businesses trust BizCover for their insurance needs,” said Michael Gottlieb, CEO and co-founder of BizCover. “This incredible milestone reflects our ongoing commitment to supporting Australia’s small business community over the past 16 years.”

Transforming Business Insurance Through Technology
BizCover’s success is built on the power of technology. The platform allows small businesses to compare, purchase, and manage insurance online in minutes, eliminating the traditional hurdles associated with business insurance. By partnering with leading insurance companies, including AIG, Berkley, Chubb, QBE, Vero, Hollard, and others, BizCover offers access to a wide range of policies from some of Australia’s most reputable insurers.

This tech-driven model has been a game-changer for time-poor small business owners. They can now bypass the hassle of contacting multiple insurers individually for quotes. Instead, they benefit from a fast, transparent, and stress-free experience, allowing them to focus on what really matters—growing their businesses.

“By leveraging the latest innovations, we’ve been able to make the insurance process as simple and efficient as possible,” Gottlieb explained. “This ease of access, combined with transparent pricing, helps small business owners make informed decisions without the usual headaches.”

Sustained Growth and Industry Leadership
BizCover’s growth trajectory has been impressive, with a 15% year-on-year increase in FY2024 alone. Its strong partnerships with some of the most trusted insurance companies fueled this upward momentum. These partnerships have enabled BizCover to continually enhance its offerings, ensuring that small businesses receive the coverage they need when needed.

Additionally, BizCover’s Net Promoter Score (NPS), a key measure of customer satisfaction, stood at an impressive 73+ in 2024—far exceeding industry standards. With over 17,900 positive customer reviews on various platforms, BizCover has firmly established itself as a customer-first company dedicated to delivering exceptional value to its clients.

A Vision for the Future
Looking ahead, BizCover remains focused on expanding its influence within the small business community, with ambitious plans to service even more businesses in 2025 and beyond. As the small business sector grows, BizCover is committed to ensuring that every business owner has access to affordable, comprehensive, and hassle-free insurance.

With its innovative platform and unwavering dedication to customer satisfaction, BizCover is poised to remain the go-to solution for Australia’s small business insurance needs, setting new industry benchmarks with every passing year.