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Ohio has witnessed an economic boom in recent years as the region underwent development with 6,800 jobs being created in 2024. On the other hand, small businesses have played an essential role in this growth by creating more than 29,000 jobs in the past year.
However, these firms are facing numerous challenges such as high operational costs. The complex nature of the taxation systems along with unforeseen factors such as liability claims, natural disasters, and workplace hazards affect the supply chain, affecting growth and revenue generation. These problems can be resolved by purchasing business insurance from a reliable partner.
The right coverage protects businesses from unexpected losses, assuring firms operate smoothly within Ohio’s fiercely competitive market. This feature covers seven of the leading business insurance providers who assist Ohio businesses with their insurance services and provide solutions that keep them focused on development.
InsuranceBee
InsuranceBee sells custom insurance products to small business owners and contractors. Their wide range of products feature:
- General and professional liability insurance
- Business Owner’s Policies
- Cyber Liability
- Workers’ Compensation
- Management liability insurance
The industries that InsuranceBee covers are real estate, IT consulting services, landscaping, and janitorial services. The customers can benefit from the firm’s digital tools. Their website allows clients to get instant quotes and purchase coverage within minutes.
Thimble
Thimble provides insurance services to small businesses, freelancers, and gig workers. They sell general and professional liability insurance, along with business equipment, event insurance, and other solutions.
From handymen and landscapers to photographers and event specialists, Thimble covers it all. The company’s unique selling feature is its on-demand coverage, which allows clients to purchase policies by the hour, day, or month through its mobile application.
NEXT Insurance
Serving small businesses and freelancers, NEXT Insurance is a first-of-its-kind digital provider that sells insurance products like general liability, professional liability, workers’ compensation, commercial auto insurance, and commercial property insurance.
The firm covers more than 1,300 industries with construction, retail, food and beverage, consulting, education, and entertainment being the prominent ones. NEXT Insurance has made a name for facilitating the insurance-acquisition process for businesses with their online portal that issues quick quotes, policies, and certificates of insurance.
Tivly
Tivly, previously known as CommercialInsurance.net, is a business insurance marketplace that helps small business owners get in touch with more than 200 licensed insurance partners. They offer general liability, professional liability, commercial property, and even workers’ compensation insurance.
The industries covered by Tivly include:
- Retail
- Construction
- Consultancy
- Chiropractors
- Online business
- Warehouses
- Vending Business
- Beauty Professionals
They stand for their five-minute intake process that links businesses with appropriate insurance carriers to obtain coverage more easily.
Hiscox
Hiscox, a specialized global insurer, was founded in 1901 and is located in Bermuda. It has over 3,000 employees in 13 countries. The company provides a suite of business insurance products that include general liability, professional liability, business owner’s policies, cyber security, and workers’ compensation.
Hiscox has clients from sectors such as information technology, consulting, construction, marketing, and personal care. The company focuses on assisting small businesses with their insurance needs as users can get tailored quotes in real-time, instant coverage, and expedited claims through the firm’s online portal.
Simply Business
Simply Business, founded in 2005, is a digital insurance brokerage that focuses on serving small businesses and landlords. After its acquisition by The Travelers Companies in 2017, Simply Business has expanded its pool of offers and currently deals in general liability insurance, professional liability coverage, business owner’s policies, cyber insurance and many more.
They serve over 1,500 professions, ranging from construction and retail to professional services. Simply Business’s online platform is what makes It a trusted name. Customers can access quotes, buy policies within minutes, and receive claim assistance from their team of experts.
Insureon
Insureon is a Chicago-based insurance marketplace company that has been in the industry since 2011. Part of HUB International, they assist small business owners with their insurance needs by allowing them to compare quotes from star-rated insurers, purchase policies, and manage their coverage all with a click of a button.
Their range of products includes general liability coverage, professional liability insurance, workers’ compensation insurance, and cyber liability insurance, with over 400,000 businesses such as retail & e-commerce, hospitality & food services, professional services, construction & contracting, along with personal & business services being their clients. They have impressed Ohio’s business community with their commitment to innovation and customer satisfaction.
Brief Overview of Leading Insurance Firms In Ohio
The table below describes how Ohio’s leading seven insurance companies differ in their coverage offerings and services.
| Insurance Firm | Services Offered | Unique Selling Points |
| InsuranceBee | General & Professional Liability, Business Owner’s Policies, Cyber Liability, Workers’ Compensation, Management Liability Insurance | Instant quotes and online purchase for quick coverage |
| Thimble | General & Professional Liability, Business Equipment, Event Insurance | On-demand policies available by hour, day, or month via mobile app |
| NEXT Insurance | General & Professional Liability, Workers’ Compensation, Commercial Auto & Property Insurance | Fully digital insurance provider with quick online quotes and policy issuance |
| Tivly | General & Professional Liability, Commercial Property, Workers’ Compensation | Five-minute intake process linking businesses to suitable insurers |
| Hiscox | General & Professional Liability, Business Owner’s Policies, Cyber Security, Workers’ Compensation | Tailored real-time quotes, instant coverage, and fast claims processing |
| Simply Business | General & Professional Liability, Business Owner’s Policies, Cyber Insurance | Digital platform for instant quotes and policy purchases with expert claim assistance |
| Insureon | General & Professional Liability, Workers’ Compensation, Cyber Liability | Compare multiple insurers, buy policies, and manage coverage online |
Top Cities in Ohio for Business Insurance
The following cities in Ohio provide the required infrastructure support and economic environments suitable for finding business insurance solutions
- Columbus
- Cleveland
- Cincinnati
- Toledo
- Akron
- Dayton
- Parma
- Canton
- Youngstown
- Lorain
- Strongsville
- Kettering
- Elyria
Ohio Government Resources for Business Insurance
You can get additional information about business insurance requirements in Ohio through these government resources.
- Ohio Department of Insurance
- Ohio Bureau of Workers’ Compensation (BWC)
- Ohio Secretary of State
- Ohio Business Gateway
- Ohio EPA and Compliance Assistance
Conclusion
Acquiring business insurance from a well-known provider guarantees that businesses are protected from sudden financial losses. These Ohio business insurance providers provide custom policies for different industries so they can concentrate on growing their businesses.
If you are planning to relocate your business to other financial hubs across the United States, you can browse through our list of Nevada’s best insurance companies and California’s top-rated commercial coverage providers. Ohio business owners can refer to our guides on the best business loans and startup financing companies. Visit Sophisticated Investor for expert insights on building a successful business.
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.
