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Mississippi’s vibrant business community is the backbone of its eventful economy. Small firms make up 99.3% of businesses and employ 45.5% of the workforce. But running a firm here is no easy feat. The state experienced its fair share of up-and-down trends within its workforce. There was a net addition of 1,984 establishments from March 2021 through March 2022, but 17,792 jobs were lost within that same time frame.
These dynamics make it important that businesses have all the tools in place to get them through during difficult situations. Business insurance is one of the key ways of avoiding financial setbacks. It provides backing to firms against potential risks such as loss of properties, liability claims, and issues that may disrupt operations.
We will take a look at eight insurance firms that have set benchmarks with their offerings and key product features in Mississippi.
Tivly
Tivly is an insurance marketplace that links businesses based in Mississippi with a network of over 200 insurance companies. Hence, companies can work closely with some of the reputed brands in the industry.
The company is not an insurance provider but offers different kinds of policies, such as liability coverages and commercial auto insurance, to a number of firms involved in construction, consulting, retail, trucking, and other businesses.
The insurance companies simplify the commercial insurance management process by offering customized solutions and quotations.
Thimble
Thimble is an insurance company that mitigates unforeseen financial losses for small businesses in Mississippi through their tailor-made services. This firm has been providing coverage to more than 100 industries, including beauticians, performing arts, gardening, and landscaping.
Thimble has not been praised for its long-term policies. The company has been held in high regard for its flexible short-term coverage solutions as well. Their comprehensive approach to addressing client requests allows all sorts of businesses to thrive financially.
NEXT Insurance
NEXT Insurance has been assisting Mississippi firms with their insurance needs. Their primary products include general liability insurance, cyber insurance, professional liability insurance, and business owner’s policies (BOP).
Their standout feature is its simple and easy-to-use application, which makes policy management a simple process. Mississippi businesses highly emphasize the company’s dedication to excellence and client satisfaction.
NEXT Insurance also offers risk management to its clients.
InsuranceBee
InsuranceBee has been providing cutting-edge insurance solutions to small businesses in Mississippi since 2015 at affordable rates. The company has been serving businesses associated with numerous trades, such as consultancy, healthcare, and retail.
Their products include cyber liability, professional liability, and errors and omissions insurance. By providing insurance solutions for various business sectors in The Hospitality State, InsuranceBee has positioned itself as one of the leading policy providers with a successful track record.
Hiscox
Founded in 1901, this Anglo-Bermudan insurance provider has earned a reputation for their cutting-edge coverage plans to small firms and other service providers, in Mississippi. They usually offer general and professional liability, along with cyber insurance, commercial property or auto insurance, and business owner’s policies.
The company is currently serving over 180 industries such as IT, consulting, contracting, and retail. Hiscox has a successful track record when it comes to extensive coverage, customizable plans, and an efficient online policy management system through which clients can receive instant quotes and make adjustments tailored to their business.
Hawsey Insurance
Hawsey Insurance was founded in 1999. The company has earned a reputation as a prominent insurance carrier in Mississippi in a short while. The firm offers personalized plans to its clients. in various fields, such as agriculture, retail, and professional services.
What sets Hawsey apart is the customer-first strategy it employs. Their commitment to innovation is reflected through the “Hawsey Hi Five,” a promise to provide an insurance quote to the clients within five minutes of their interaction. This makes it appealing to customers who value speed and efficiency when it comes to getting coverage.
Huckleberry Insurance
Huckleberry Insurance has emerged as a dependable partner for small and mid-sized businesses looking for flexible and affordable insurance in Mississippi. General Liability, Business Interruption, and Property Insurance are a few of the many products they offer.
Huckleberry serves companies associated with food and beverages, healthcare, legal, accounting, and many other industries. What makes Huckleberry unique is their quick policy management process. With just a few clicks on their website, businesses can obtain quotes and secure coverage within five minutes without any paperwork.
Brief Overview Of Mississippi’s Leading Business Insurance Providers
The table illustrates the coverage options and unique selling points of these nine prolific insurance providers that deal in business insurance policies.
| Insurance Firms | Products | Unique Selling Points |
| Tivly | Liability coverages, commercial auto insurance | Marketplace connecting businesses to 200+ insurers; customized solutions |
| Thimble | General liability, short-term coverage solutions | Tailor-made services for small businesses; praised for flexible short-term policies |
| NEXT Insurance | General liability, cyber insurance, professional liability, business owner’s policies (BOP) | Easy-to-use application; risk management services |
| InsuranceBee | Cyber liability, professional liability, errors and omissions insurance | Affordable insurance solutions for small businesses; successful track record |
| Hiscox | General and professional liability, cyber insurance, commercial property/auto insurance, business owner’s policies | Extensive coverage, customizable plans, efficient online policy management |
| Hawsey Insurance | Personalized plans for agriculture, retail, and professional services | Customer-first strategy; ‘Hawsey Hi Five’ delivers quotes in five minutes |
| Huckleberry Insurance | General liability, business interruption, property insurance | Cyber liability, professional liability, errors, and omissions insurance |
Top Cities in Mississippi for Business Insurance
The following cities in Mississippi are favorable locations for business activities and are hotspots for customized solutions
- Jackson
- Gulfport
- Biloxi
- Hattiesburg
- Southaven
- Meridian
- Tupelo
- Olive Branch
- Greenville
- Starkville
Mississippi Government Resources for Business Insurance
Check out these government resources about business insurance for the state of Mississippi:
- Mississippi Workers’ Compensation Commission
- Mississippi Insurance Department
- U.S. Small Business Administration (SBA) – Mississippi District
Conclusion
Business insurance protects Mississippi firms from unforeseen financial expenses such as damaged properties, legal fees, and loss of income at all times. This is why companies have to partner with credible carriers that provide coverage suited to their needs. With reliable coverage, business owners can operate without worrying about any financial setbacks.
Do you have plans to provide your services to other financial hubs in the United States? Take a look at our listings of trusted business insurance providers in Alabama or trusted commercial insurance carriers in Maryland. For other financing options, read our feature on leading business loans and financing companies operating in Mississippi.
We at Sophisticated Investor provide insights and advisory to clients about business insurance.
Brandi is a financial writer and entrepreneur with decades of expertise covering U.S. business and financial topics. Her work has been featured on Consumer Affairs, ASBN Small Business Network, Koho and many other top financial publications.
