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Is Automation the Answer to Microbusiness Insurance Profitability?

July 17, 2023

Could self-service and digital quoting and binding be gamechangers for independent agents and brokers working in microbusiness lines?

Though they’re the smallest of small businesses, microbusinesses account for the largest portion of small businesses in the United States. They dominate small business insurance books. But they also represent the smallest amount of premium because the average policy premium is so low.

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