Counterpart Reaches New Heights with 10,000 Policies Sold

Counterpart Achieves Milestone of 10,000 Policies

In an impressive display of growth, Counterpart, a pioneering management and professional liability insurtech, has surpassed 10,000 policies in sales. This milestone reflects the increasing demand for integrated insurance solutions and innovative risk management strategies among small businesses.

Introducing zeroHR for Enhanced HR Services

To further support small enterprises amidst a complicated legal terrain, Counterpart has unveiled zeroHR. This comprehensive HR compliance and legal service are tailored to meet the specific needs of small businesses, addressing some of the largest risks they face today. Counterpart’s advanced technologies and expert services aim to reduce complexities that often overwhelm these businesses.

The Importance of Risk Management

A recent analysis revealed that 37% of small businesses encountered employee litigation within the last year. This statistic emphasizes the pressing need for effective risk management capabilities. Many small enterprises struggle to find the necessary in-house expertise to address these challenges adequately, which is where Counterpart aims to alleviate these pressures.

zeroHR Services Offered

Through zeroHR, businesses can access vital HR functionalities with minimal hassle. Services include support from dedicated HR professionals, employment attorney consultation, employee handbook creation, and policy documentation across over 150 industries nationwide. By utilizing these resources, clients can effectively navigate the intricacies of running a business and managing staff.

Testimonials from Satisfied Clients

Barri Yanowitz, VP of Business Operations at Astara Health, highlighted their partnership with Counterpart, stating, "Counterpart is not just an insurer; they are an essential partner who comprehends the unique challenges small businesses face. They have helped us proactively manage risks, allowing us to focus on our growth with confidence."

Comprehensive Risk and Claims Management

Counterpart’s holistic solution offers a well-rounded approach to not only risk management but also claims management. This integrated strategy equips businesses to tackle emerging challenges effectively. With Counterpart's support, companies can focus on scaling their operations while ensuring they have the resources needed to manage potential legal and HR complications.

Counterpart's Recognition in the Industry

Counterpart's commitment to innovation and excellence has not gone unnoticed. In 2023, they were awarded the title of "Underwriting Innovation of the Year" by Inside P&C and were named one of the "Best Places to Work" in 2024 by Business Insurance. Additionally, their recognition as a "Top 50 Insurtech" by CB Insights reflects their growing influence in the industry.

About Counterpart

Counterpart combines its expertise with AI-driven technologies to provide robust insurance solutions for small businesses. Supported by esteemed carriers like Aspen, Markel, and Westfield Specialty, they offer a variety of management and professional liability insurance products. Their innovative approach includes a suite of tools designed to help clients effectively manage risks while fostering business growth. For further insights about their offerings, interested parties can explore their website.

Frequently Asked Questions

What is Counterpart's primary service?

Counterpart provides management and professional liability insurance, focusing on the needs of small businesses.

What does zeroHR offer?

zeroHR offers HR support, legal services, and risk management solutions, simplifying compliance for small businesses.

What recent recognition has Counterpart received?

Counterpart was named "Underwriting Innovation of the Year" by Inside P&C and listed as a "Top 50 Insurtech" by CB Insights in 2024.

How does Counterpart help small businesses manage risks?

Counterpart helps by providing expert guidance, technology-driven solutions, and comprehensive services tailored for small business needs.

What are the advantages of using Counterpart's services?

Benefits include reduced risk exposure, expert support, and dedicated resources to simplify the complexities of running a business.

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