Insurtech Slice expands contractor coverage with backing from Philadelphia Insurance.

TLDR:

• Slice Labs expands contractors general liability insurance offering
• Backed by Philadelphia Insurance

Article:

Slice Labs Inc., the New York-based insurtech, has expanded into seven additional states and the District of Columbia with its contractors general liability insurance product for small businesses. Coverage is provided through a partnership with Philadelphia Insurance (PHLY). The product is now offered in 47 states, with more than 60 class codes available to agents.

Tim Attia, co-founder and CEO of Slice, commented on the partnership with PHLY, emphasizing the financial strength and stability of the partnership. The product offers flexible payment options, such as monthly installments, to address the diverse financial needs of small businesses. Slice and PHLY aim to provide seamless, efficient, and reliable coverage to small contractors across the nation.

Founded in 2015, Slice uses technology to distribute insurers’ and reinsurers’ on-demand products through large distribution platforms. The expansion of their contractors general liability offering with PHLY demonstrates their commitment to offering high-quality coverage to customers.

Key Points:

• Slice Labs expands contractors general liability insurance offering
• Coverage provided through partnership with Philadelphia Insurance
• Flexible payment options available
• Focus on technology-driven distribution