Oyster Insurance begins protecting small businesses.
BOSTON: Oyster Insurance began protecting small businesses in California. Now licensed in 26 states, Oyster plans to launch their workers' compensation coverage in an additional six states throughout 2019.
Oyster Insurance is a better alternative for small business insurance needs. Oyster has been providing workers' compensation to over 70 classes of business in New York and New Jersey since January of this year. Coverage initially began with professional classes such as software consulting firms, lawyers and medical and dental offices. The company has expanded into covering variety stores, groceries/delis, bakeries, eating places, drug stores, jewelry stores and florists.
Curt Stevenson, Managing Director at Oyster Insurance, said, "Obtaining regulatory approval in California is very important to Oyster and to our partner network. The majority of our larger digital distribution partners are not only based in the Bay Area, but have a significant amount of their small business customers throughout the state. In aggregate, 40 percent of our potential customers are based in California and we are committed to their success."
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|Publication:||Daily the Pak Banker (Lahore, Pakistan)|
|Date:||Nov 29, 2018|
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