Ripe want to allow businesses with 10 employees or less “to build their perfect insurance policy”

Ripe Insurance has launched a new commercial insurance product: Ripe Insurance for Small Business.

Its plan is to offer small business owners a policy tailored to their exact needs.

Ripe Insurance for Small Business focuses on providing firms – whether companies, partnerships, freelancers or the self-employed – with the Public Liability and Employers’ Liability they need to protect their business.

Colin Whitehead, chief executive of Ripe Insurance said:

“We have carried out detailed analysis to understand what small businesses actually need. Put simply, owners want to know they have the right protection, but they don’t want to waste money on unnecessary cover or go through unbearably long quote processes. Our aim is to appeal to the five million businesses in the UK with 10 employees or less by allowing them to build their perfect insurance policy.”