Articles from Counterpart

Small business owners have the highest confidence in three years despite facing new tariffs and escalating litigation risks, according to Counterpart's annual Small Business Insights Report, which surveyed more than 300 business leaders nationwide. While business confidence is driving an uptick in hiring, and 77% of respondents are ‘very confident’ in their understanding of employee-related risks, more than a third faced employee lawsuits last year. Litigation is bigger, costlier, and less forgiving than in years past. Small businesses that fail to expand their coverage, monitor exposures, and embed preventive practices into their operations risk becoming tomorrow’s cautionary tales. The disconnect between business optimism and risk exposure is reshaping how small businesses navigate growth in 2025.

Young Risk Professionals partnered with Counterpart, the leading Agentic Insurance™ platform, to survey U.S. insurance professionals ages 21 to 35. Respondents cited stability and long-term growth as reasons for choosing insurance, but the majority think that the industry is stuck in the past. The findings reveal a clear clash between modern expectations and legacy capabilities.

Dentists Choice announces it insured 8,000 dentists in its first 150 days by leveraging Counterpart’s Agentic Insurance™ platform. This represents coverage for nearly 4% of the estimated 202,304 dentists practicing across the United States, highlighting the significant unmet need for modern insurance solutions in the rapidly expanding dental sector.

As artificial intelligence, virtual platforms, and decentralized care continue to reshape the medical industry, healthcare providers face unprecedented risks that traditional insurance often overlooks. Counterpart, the leading Agentic Insurance™ platform, announced the launch of its Allied Healthcare offering to address these emerging challenges.

Counterpart, the leading management and professional liability managing general underwriter (MGU), announced today details of its Agentic Insurance™ platform. Its intelligent underwriting, broker services, risk mitigation, and claims management systems combine advanced technology with deep insurance expertise to deliver more proactive, personalized support for every stakeholder in the insurance value chain. Counterpart’s systems have produced industry leading CSAT scores and over 100% premium growth YoY on average, while their employee count grew by half as much.

Counterpart, the first management and professional liability insurtech to build the full suite of proprietary underwriting, in-house claims management, and extensive risk mitigation solutions for SMEs, announced it has written over 10,000 policies. To meet the rising demand for comprehensive insurance and risk management solutions, Counterpart has launched zeroHR, an HR compliance and legal service to help address some of their largest risks. Counterpart is backed by A rated carriers Aspen, Markel, and Westfield Specialty.

Counterpart, the leading management and professional liability insurtech backed by Aspen, Markel, and Westfield Specialty®, today announced its new appointment of industry veteran, Jim Smith, as Counterpart’s Director of Digital Distribution to advance the company’s digital initiatives and drive continued growth through its APIs.

Counterpart, a leading management and professional liability insurtech, today announced the addition of General Liability (GL) insurance to its Miscellaneous Professional Liability (MPL) product line. This new offering provides small businesses access to expanded coverage through Counterpart’s trusted network of wholesale broker partners. Backed by A rated carrier Aspen, Counterpart’s GL offering provides tailored insurance solutions for small and medium-sized businesses.

Thirty-seven percent of SMBs have been hit with an employee lawsuit in the last year, according to the 2024 Small Business Trends Report by Counterpart. The report, which surveyed over 500 small business owners and CEOs across the US, found that businesses are fearful of an increasingly challenging legal environment — nearly one-fifth (15%) are more concerned about employee lawsuits compared to a year ago.

Counterpart, the leading management and professional liability insurtech backed by Markel, Aspen, and Westfield, today announced its new appointment of industry veteran, Michael Muglia, as Counterpart’s Professional Liability Insurance Lead. In addition, Counterpart has promoted three of its longest-standing team members—Brad Bahler, Satwik Mysore and Jake O’Donnell—as Territory Leads.

Counterpart, the AI-driven management and professional liability insurtech, has announced a new partnership with Westfield Specialty Insurance, to provide an admitted product for Counterpart’s small business customers and, for the first time, nonprofit organizations, through its network of trusted broker partners. The partnership with Westfield Specialty represents one of three A rated insurance carriers to back Counterpart, which is already supported in the surplus lines by Aspen Insurance and Markel.

Counterpart, the leading management and professional liability insurtech backed by Markel and Aspen, today announced the expansion of its claims management service offerings. Counterpart provides the industry’s most sophisticated management liability underwriting, claims, and loss prevention services that are designed for small businesses across 150+ industries in all 50 states.

Small businesses owners and CEOs are feeling optimistic about the US economy, but are struggling to find and retain talent, according to a new survey by Counterpart, the AI-driven insurtech backed by Aspen and Markel. Counterpart’s 2023 Small Business Trends Report highlights the range of challenges facing SMBs following a period of sustained high inflation and a persistently competitive jobs market.

Counterpart, the AI-driven insurtech that offers management and professional liability insurance for small businesses, has today launched its latest API for its key broker partners. The new API offers quote-to-bind services for Miscellaneous Professional Liability, Directors & Officers, Employment Practices, Fiduciary, and Crime insurance products.

Counterpart today announced the addition of Miscellaneous Professional Liability (MPL) insurance to its existing suite of management liability products and services available to small businesses through Counterpart’s wholesale broker partners.

Counterpart, the AI-driven management liability insurtech for small businesses, today announced the launch of Crime insurance. The policy can be purchased on a standalone basis or packaged with its existing Directors & Officers, Employment Practices, and Fiduciary insurance lines. Backed by Aspen, the Crime insurance expansion reinforces Counterpart’s commitment to using its cutting-edge technology to address critical exposures of small businesses.

Counterpart, the most advanced management liability platform, today announced the appointment of two insurance industry veterans to the company’s leadership team. Claudette Kellner has been hired as Insurance Product Lead and Eric Marler joins as Head of Claims.

Counterpart, the management liability insurtech, today announced the launch of its Excess insurance product for small businesses. Backed by Aspen, the Excess policy is another offering to support small businesses in a time of heightened litigation.

Counterpart, the management liability insurtech, today announced the launch of their partnership with Aspen Insurance to bring Aspen’s management liability products to small businesses across a broader array of industries and geographies. Aspen joins a member company of Markel®, as another A-rated carrier that is supporting the Counterpart platform.