Insurance Insights

Graphic Highlights Growing Threat and Details Steps Small Business Owners Must Take to Defend Businesses and Personal Assets

ndependent Survey Finds Majority of Small Business Owners Underinsured or Not Insured at All

BOLT recognized for its use of SeaPass technology, American Express partnership, and its online business model targeting the underserved small business market

Small Business Owners Should Review Insurance Coverage and Risk Management Plans at Least Once Every Year

Analyst Describes BOLT’s Ability to Deliver a Combination of Technology, Process, and Expertise that Balances Both Cost and Needs of the Small Business Owner

BOLT appoints leadership team and acquires two Florida-based insurance agencies
Sarasota, FL – (August 20, 2012) – Business Owners Liability Team (BOLT Insurance Agency), a leading online insurance agency that protects small business owners, and now the personal lines consumer, announced that it is opening a regional office in Sarasota, Florida. In support of BOLT’s strategy to better serve the needs of insurance consumers in Florida and the surrounding region, the company appointed insurance industry veteran Robert Rizzo as Regional Director and has acquired the strategic assets of two Florida-based insurance agencies, PFG Insurance Agency and Florida Direct Insurance Agency. Both acquisitions immediately strengthen BOLT’s presence in the overall Florida insurance market, while Flordia Direct also gives bolt an important foothold in the workers’ compensation insurance market.
“We are excited to establish a physical agency presence in Florida to focus on the unique needs of Florida’s insurance consumer and to build the vital relationships needed with the regional insurance carriers that operate there,” said Robert Rizzo, the Regional Director for bolt Florida. “With the acquisitions of PFG Insurance Agency and Florida Direct Insurance Agency we have the opportunity to advance the strong carrier relationships established by the two firms, and retain key industry veterans that have served customers in this region for many years,” said Mr. Rizzo.
Robert Rizzo is the new Regional Director for bolt Florida. Robert will manage day to day operations in the State as well as lead the company’s Florida acquisition strategy. Prior to joining BOLT, Robert had operated insurance businesses in Florida and Ohio. He also has prior experience in Small Business Banking, Commercial Real Estate and Mortgage Banking. Robert received his undergraduate degree from West Virginia University and his MBA from Bowling Green State University.
Using BOLT Insurance, small business owners have access to top markets and carriers online, with immediate quotes and expertise consultation. The company’s proven Web-based technology collects all underwriting information required by top-line carriers, and allows business owners to view proposals online within minutes. BOLT’s exclusive focus on small business and the strength of its technology platform, processes and team of experts combine to deliver a unique “high tech/high touch” approach to serving the very specific needs of small business owners.
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About BOLT
Farmington Connecticut-based BOLT, the Business Owners Liability Team, is a national insurance agency that exclusively protects the owners of small businesses. bolt agents help business owners choose the right insurance products to fully protect both their businesses and themselves personally. bolt offers an on-line and interactive experience with leading carriers. As such, business owners can thoroughly compare coverage and pricing, and ultimately purchase cost-effective insurance for their businesses within minutes.
Business insurance policies offered by bolt include, but are not limited to, General Liability, Business Property Insurance, Workers’ Compensation, Commercial Auto, Umbrella Insurance, Errors and Omissions, Directors and Officers, Business Interruption, Employment Liability, Sexual Harassment and Flood. These policies are provided by top-rated insurance carriers such as The Hartford, CNA, Liberty Mutual, Ace, Hiscox and Chubb. bolt insurance Agency is headquartered in Farmington, CT, and is licensed to do business in all fifty states. Come visit us at: www.boltinsurance.com

Farmington Ct. – May 9th, 2011 – Business Owners Liability Team (BOLT Insurance Agency) has signed an agreement with Zurich Small Business to distribute its small commercial insurance products to business owners across the country on the bolt insurance portal platform.

Agency Builds out Team to Continue to Address Specific Needs of Small Business Owners

Is your state amongst the top ten states that are often hit with the most hail damage claims? According to a report published by State Farm, below are the following states that experience  the most commercial hail damage claims in 2014.

Even though a business takes every precaution to ensure the safety of its employees, accidents still happen. Some are small requiring minor first aid but just one accident that causes long-term medical care could be devastating to both the employee and employer. To cover such possibilities most businesses obtain workers compensation insurance. That insurance provides the employee with the security of knowing they will at least be partially compensated for lost income and medical care after the injury and the employer with peace of mind they will not suffer due to any potential injury related lawsuits.