Simply Business, one of the UK’s biggest business insurance brokers with over 475,000 policy holders, has been honoured in the Grand Final of this year’s European Business Awards.
The awards were sponsored by global audit, tax and consulting provider RSM International, and the awards ceremony was held in Dubrovnik on 4 May, attended by prominent business leaders and European ambassadors.
London-based Simply Business was recognised as one of the top ten in Europe for the Employer of the Year Award. The honour comes at the end of a year-long journey for the company, with the initial stage in spring last year involving over 33,000 companies from 34 countries.
To reach the finals, Simply Business was chosen as a National Champion, took part in a public vote that generated almost 250,000 votes from people across the globe, and was named a Ruban d’Honneur finalist in February. For being one of the top ten in its field, Simply Business was honoured at the ceremony, which celebrated Europe’s best.
Fiona McSwein, Chief Customer Officer at Simply Business, said:
“We are very proud to be chosen as one of the top employers in Europe. The European Business Awards programme is widely recognised as one of the most challenging competitions in Europe, presided over by an esteemed panel of international judges.
“Using our award-winning data and technology capabilities, we’re able to provide our customers with the best possible experience. However, our most important asset has always been our people, and we believe that happy employees give the best service.”
Simply Business was also crowned ‘Best Company to Work for’ by The Sunday Times for the second consecutive year in 2016.
Specialising in sole traders, small businesses and SMEs, Simply Business is growing at an average annual rate of 20 per cent, placing premiums of over £93 million. The business was acquired from Aquiline Capital Partners in March this year by the US insurance business Travelers for £490 million.
Adrian Tripp, CEO of the European Business Awards said: “These companies are Europe’s best. They demonstrate innovation, ethics and financial success and are brilliant examples of the growth potential for European business in a competitive global marketplace. Together they are creating a better future for us all. Huge congratulations to Simply Business for their success.”
Jean Stephens, CEO of RSM International, said: “At RSM, we believe it is important to champion business excellence as successful and thriving companies are an integral force in driving growth and stimulating economies. The Ruban D’Honneur recipients and overall category winners have demonstrated extraordinary entrepreneurialism, innovation, leadership and business acumen. All those involved are a credit to their country and we wish them every success for the future.”
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About the European Business Awards:
The European Business Awards’ primary purpose is to support the development of a stronger and more successful business community throughout Europe. For all citizens of Europe, prosperity, social and healthcare systems are reliant on businesses creating an even stronger, more innovative, successful, international and ethical business community - one that forms the beating heart of an increasingly globalised economy.
RSM is the sixth largest network of independent audit, tax and consulting firms, encompassing over 120 countries, 793 offices and more than 41,200 people internationally. The network’s total fee income is US$4.8 billion.
RSM is the lead sponsor and corporate champion of the European Business Awards promoting commercial excellence and recognition of entrepreneurial brilliance.
About Simply Business
Launched in 2005, Simply Business provides an online brokerage service delivering policies tailored to individual business requirements. It has a team of UK based insurance specialists and employs almost 300 people across offices in London and Northampton.
Simply Business provides insurance to more than 475,000 UK SMEs and landlords and owing to its internal underwriting capability can cover over 1,000 trade types. It has been a Sunday Times Tech Track 100 company for the past three years and was recently named in the Deloitte Technology Fast 500 EMEA. Revenues have grown from £4.2 million in 2006, to £25.4 million in 2014, and the company has been named 2015 and 2016 winners of The Sunday Times’ Best Company to Work For.