5 Best Business Insurance Companies Heading into 2024

In this article, we will take a look at the 5 best business insurance companies heading into 2024. If you want to read our detailed analysis, you can go directly to 15 Best Business Insurance Companies Heading into 2024.

5. Zurich Insurance Group AG (OTC:ZURVY)

Market Capitalization as of December 7, 2023: $75.56 Billion

According to our methodology, Zurich Insurance Group AG (OTC:ZURVY) ranks as one of the best business insurance companies heading into 2024. The company offers a range of property, casualty, life, and business insurance to corporate customers of all sizes and individuals. The company offers global employee solutions, income protection, cyber insurance, and corporate risk management solutions. Zurich Insurance Group AG (OTC:ZURVY) has a market cap of $75.56 billion as of December 7, 2023.

4. Chubb Limited (NYSE:CB)

Market Capitalization as of December 7, 2023: $91.04 Billion

With a market cap of $91.04 billion as of December 7, 2023, Chubb Limited (NYSE:CB) is one of the best business insurance companies heading into 2024. The company offers a range of commercial, personal property, casualty, personal accident, health, reinsurance, and life insurance services. The company offers customized business insurance and risk management solutions to companies of all sizes. Chubb Limited (NYSE:CB) covers cyber insurance, worker’s compensation insurance, professional liability insurance, management liability insurance, accident insurance, and health insurance.

3. The Progressive Corporation (NYSE:PGR)

Market Capitalization as of December 7, 2023: $94.6 Billion

The Progressive Corporation (NYSE:PGR), with a market cap of $94.6 billion as of December 7, 2023, ranks among the best business insurance companies heading into 2024. The company offers insurance services across personal lines, commercial lines, and property. Prominent business insurance solutions by The Progressive Corporation (NYSE:PGR) include general liability insurance, worker’s compensation insurance, contractor’s insurance, business owner’s policy, and professional liability insurance.

2. Marsh & McLennan Companies, Inc. (NYSE:MMC)

Market Capitalization as of December 7, 2023: $96.37 Billion

Marsh & McLennan Companies, Inc. (NYSE:MMC), a global insurance company ranks as one of the best business insurance companies heading into 2024. The company, based in New York, offers services in insurance brokerage, risk management, reinsurance, talent management, and management consulting. The company provides customized solutions to businesses, by assessing their needs and studying their operations closely. The business then devises a comprehensive solution to protect a company’s assets. Additionally, Marsh & McLennan Companies, Inc. (NYSE:MMC) offers analytics and benchmarking, risk management services, captive risk solutions, and alternative risk solutions.

1. Allianz SE (OTC:ALIZY)

Market Capitalization as of December 7, 2023: $103.72 Billion

According to our methodology, Allianz SE (OTC:ALIZY) ranks as one of the best business insurance companies heading into 2024. The company offers a range of commercial insurance services covering a full range of business risks including cyber attacks, floating offshore wind parks, and political violence. Allianz SE (OTC:ALIZY) offers its solutions in more than 200 countries and territories and owns offices across 70 countries. The company has a market cap of $103.72 billion as of December 7, 2023.

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