15 Best Business Insurance Companies Heading into 2024

Published on December 9, 2023 at 2:37 pm by Maleha Afzal in Business, Industries, Lists, News

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

The Future of Business Insurance

According to a report by Deloitte, the future of business insurance is highly dependent on the ability of companies to effectively integrate technology and transform themselves to enhance customer experience. Deloitte stresses the need for companies to make strides in adopting new technologies, especially generative artificial intelligence. Technology will not only enable companies to extract actionable insights from available data, but it will also help customers access more insurance products and services. For the third year in a row, the non-life insurance sector has been growing tremendously, with above-average prices across multiple lines of business.

Underwriting results for the fiscal first quarter of 2023 were not very satisfying, with a net underwriting loss of $7.34 billion in the United States, the highest loss in 12 years. As a result, the market is struggling to raise prices enough to cover expenses. Globally, non-life insurance premiums grew by 0.5%, below the 10-year average of 3.6%. However, before the end of 2023, premiums are expected to improve to 1.4%, with the trend hopping into 2024 and premiums improving to 1.8%. Such is primarily due to the hardening of commercial and personal lines. However, higher interest rates coupled with expectations of inflation to slow down, offer some hope to the industry as 2023 comes to a close. You can also check out states with the most expensive home insurance in 2023.

Prominent Names in the Business Insurance Industry

Some of the best business insurance companies in the world include Chubb Limited (NYSE:CB), Marsh & McLennan Companies, Inc. (NYSE:MMC), and Allianz SE (OTC:ALIZY). Let’s check out some recent updates from these companies. You can also check out the best insurance companies in United Kingdom.

Chubb Limited (NYSE:CB) is an insurance company based in New Jersey, United States. The company operates in 54 countries and offers commercial, personal property, casualty, accident, and health insurance services. The company’s expertise extends beyond insurance to providing a streamlined customer journey through tech integration. On November 14, Chubb Limited (NYSE:CB) announced the launch of a new developer portal facilitating business-to-business-to-consumer companies to access digital insurance products easily. The platform includes a range of insurance APIs, SDKs, and microsites. Developers may use the platform to develop and execute digital insurance campaigns and test their applications.

Chubb Limited (NYSE:CB) is making strides in the insurance sector with its ability to innovate. Such explains the strong financial results of the company. On October 24, Chubb Limited (NYSE:CB) announced earnings for the fiscal third quarter of 2023. The company reported earnings per share of $4.95, beating estimates by $0.53. The company also reported revenue worth $11.65 billion during the quarter, ahead of market consensus by $17 million, with a year-over-year revenue growth rate of 8.42%.

Marsh & McLennan Companies, Inc. (NYSE:MMC) is a prominent name in the insurance industry. The company provides a range of insurance services to commercial and capital clients. On November 21, Marsh & McLennan Companies, Inc. (NYSE:MMC) announced the launch of a new generative AI tool. The new tool, LenAI, is available to over 85,000 company colleagues across the globe. The tool is built with technologies from Microsoft Corporation (NASDAQ:MSFT) and OpenAI. Colleagues can use the tool as a search engine, work on several documents simultaneously, perform calculations, and get information from publications.

On October 19, Marsh & McLennan Companies, Inc. (NYSE:MMC) reported strong earnings for the fiscal third quarter of 2023. The company reported earnings per share of $1.57, beating estimates by $0.18. The company also reported revenue worth $5.38 billion during the quarter, ahead of market consensus by $166.75 million and up 12.83% year-over-year.

Allianz SE (OTC:ALIZY) is an insurance service provider based in Munich, Germany. The company has over 100 million private and corporate customers across 70 countries. The company is not only known for its insurance services, but it is also recognized for its commitment to building strong partnerships. On November 28, Allianz SE (OTC:ALIZY) announced its partnership with ING Groep (OTC:INGVF) in the Netherlands. The partnership allows companies and entrepreneurs of all sizes and positions to avail a range of insurance products by Allianz SE (OTC:ALIZY). The policies will be available ahead of mid-2024. The policies are expected to roll out in phases, and customers may then be able to access auto, van, corporate, and professional liability insurance services from ING Groep (OTC:INGVF).

Let’s now discuss the 15 best business insurance companies heading into 2024.

15 Best Business Insurance Companies Heading into 2024

Our Methodology

We employed a consensus approach to come up with the 15 best business insurance companies heading into 2024. We sifted through 6 industry reports, including Allied Market Research, GM Insights, IMARC, Grand View Research, MarketStatsVille, and Maximize Market Research. This thorough process enabled us to list the 20 best business insurance companies heading into 2024. We then sourced the market cap for publicly listed companies or the latest annual revenue for private companies to identify the 15 best business insurance companies heading into 2024. We sourced market caps from Yahoo Finance, and annual revenue from official company reports. The list of the 15 best business insurance companies heading into 2024 is in ascending order of the market capitalizations, as of December 7, 2023, or annual revenue for the latest year available.

It is to be noted that most insurance companies are not pure-play business insurance companies. Therefore, we have mentioned each company’s services in the business and commercial lines.

15 Best Business Insurance Companies Heading into 2024

15. Hiscox Ltd (OTC:HCXLF)

Market Capitalization as of December 7, 2023: $4.61 Billion

With a market cap of $4.61 billion as of December 7, 2023, Hiscox Ltd (OTC:HCXLF) ranks as one of the best business insurance companies heading into 2024. Prominent business insurance solutions by the company include general claims insurance, professional liability insurance, and business owner’s policy insurance. Hiscox Ltd (OTC:HCXLF) extends its services across cyber security, worker’s compensation, short-term liability insurance, and medical malpractice claims.

14. Aviva plc (OTC:AVVIY)

Market Capitalization as of December 7, 2023: $14.84 Billion

Aviva plc (OTC:AVVIY), a leading insurance company based in London, ranks as one of the best business insurance companies heading into 2024. The company offers its services across the United Kingdom, Ireland, and Canada. Prominent investment solutions include employer’s liability insurance, professional indemnity insurance, tools insurance, stocks insurance, and business equipment insurance. Aviva plc (OTC:AVVIY) has a market cap of $14.84 billion as of December 7, 2023.

13. The Hartford Financial Services Group, Inc. (NYSE:HIG)

Market Capitalization as of December 7, 2023: $23.55 Billion

The Hartford Financial Services Group, Inc. (NYSE:HIG) is one of the best business insurance companies heading into 2024, with a market cap of $23.55 billion as of December 7, 2023. Based in Connecticut, the company offers services across business, home, and car insurance. The Hartford Financial Services Group, Inc. (NYSE:HIG) offers business insurance to companies of all sizes. Prominent solutions include property damage insurance, legal liability insurance, worker’s compensation insurance, and employee-related risk mitigation solutions.

12. Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Market Capitalization as of December 7, 2023: $25.06 Billion

With a market cap of $25.06 billion as of December 7, 2023, Willis Towers Watson Public Limited Company (NASDAQ:WTW) ranks as one of the best business insurance companies heading into 2024. The company offers its services across 140 countries. Some of the prominent business insurance services by Willis Towers Watson Public Limited Company (NASDAQ:WTW) include public liability insurance, motor insurance, marine transit insurance, cyber liability insurance, professional indemnity insurance, and management liability insurance.

11. The Travelers Companies, Inc. (NYSE:TRV)

Market Capitalization as of December 7, 2023: $41.55 Billion

According to our methodology, The Travelers Companies, Inc. (NYSE:TRV) ranks among the best business insurance companies heading into 2024, with a market cap of $41.55 billion as of December 7, 2023. The company offers risk control insurance, claim insurance, premium audit insurance, and risk management information services insurance. The Travelers Companies, Inc. (NYSE:TRV) extends its services to digital customer tools and automatic recurring payment solutions.

10. American International Group, Inc. (NYSE:AIG)

Market Capitalization as of December 7, 2023: $45.92 Billion

American International Group, Inc. (NYSE:AIG) ranks as the 10th best business insurance company heading into 2024, with a market cap of $45.92 billion as of December 7, 2023. The company offers its insurance solutions to individuals and businesses across 70 countries. American International Group, Inc. (NYSE:AIG) offers commercial property insurance, group accident and health insurance to organizations, directors and officers insurance, workplace violence insurance, and professional liability insurance.

9. Liberty Mutual Insurance

Annual Revenue (2022): $50.00 Billion

With an annual revenue of $50 billion in 2022, Liberty Mutual Insurance ranks among the best business insurance companies heading into 2024. The diversified global insurer offers a range of commercial insurance services including commercial auto and fleet insurance, equipment breakdown insurance, environmental liability insurance, management liability insurance, professional liability insurance, and workers compensation insurance.

8. Nationwide Mutual Insurance Company

Annual Revenue (2022): $56.80 Billion

Nationwide Mutual Insurance Company, based in Ohio, reported annual sales worth $56.8 billion in 2022. The company offers insurance and financial services across the United States. The company offers business insurance covering business liability, commercial property, business income, and equipment breakdown. The Nationwide Mutual Insurance Company also extends its services to offer worker’s compensation insurance, cyber liability insurance, umbrella insurance, and employment practices liability insurance.

7. Aon plc (NYSE:AON)

Market Capitalization as of December 7, 2023: $64.41 Billion

Aon plc (NYSE:AON) with a market cap of $64.41 billion as of December 7, ranks as one of the best business insurance companies heading into 2024. Based in London, the company offers a range of insurance and risk mitigation products. The company provides commercial insurance to small businesses through its platform, aoncover.com. Aon plc (NYSE:AON) covers general liability insurance, worker’s compensation, business owner’s policy, commercial property, professional liability, commercial auto, errors and omissions, cyber liability, and employment practice liability insurance, to name a few.

6. AXA SA (OTC:AXAHY)

Market Capitalization as of December 7, 2023: $73.51 Billion

With a market cap of $73.51 billion as of December 7, 2023, AXA SA (OTC:AXAHY) ranks as one of the best business insurance companies heading into 2024. Based in Paris, the company offers a range of investment and financial management solutions. Axa XL is an American subsidiary of AXA SA (OTC:AXAHY), providing global insurance and reinsurance. The company offers services in cyber risk management, credit insurance, factoring, environmental risks, and political risks.

Click to continue reading and see the 5 Best Business Insurance Companies Heading into 2024.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

The best part? You can discover everything about this company and its groundbreaking technology right now.

I’ve compiled everything you need to know about this groundbreaking company in a detailed, members-only report.

Trust me — you’ll want to read this report before putting another dollar into any tech stock.

For a ridiculously low price of just $9.99 a month, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

If you’re thinking about getting in, don’t wait – because once Wall Street catches wind of this story, the easy money will be gone.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99 a month.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

15 Best Business Insurance Companies Heading into 2024

Published on December 9, 2023 at 2:37 pm by Maleha Afzal in Business, Industries, Lists, News

The Future of Business Insurance

Prominent Names in the Business Insurance Industry

15 Best Business Insurance Companies Heading into 2024

15. Hiscox Ltd (OTC:HCXLF)

14. Aviva plc (OTC:AVVIY)

13. The Hartford Financial Services Group, Inc. (NYSE:HIG)

12. Willis Towers Watson Public Limited Company (NASDAQ:WTW)

11. The Travelers Companies, Inc. (NYSE:TRV)

10. American International Group, Inc. (NYSE:AIG)

9. Liberty Mutual Insurance

8. Nationwide Mutual Insurance Company

7. Aon plc (NYSE:AON)

6. AXA SA (OTC:AXAHY)

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up

15 Best Business Insurance Companies Heading into 2024

Published on December 9, 2023 at 2:37 pm by Maleha Afzal in Business, Industries, Lists, News

Share

The Future of Business Insurance

Prominent Names in the Business Insurance Industry

15 Best Business Insurance Companies Heading into 2024

15. Hiscox Ltd (OTC:HCXLF)

14. Aviva plc (OTC:AVVIY)

13. The Hartford Financial Services Group, Inc. (NYSE:HIG)

12. Willis Towers Watson Public Limited Company (NASDAQ:WTW)

11. The Travelers Companies, Inc. (NYSE:TRV)

10. American International Group, Inc. (NYSE:AIG)

9. Liberty Mutual Insurance

8. Nationwide Mutual Insurance Company

7. Aon plc (NYSE:AON)

6. AXA SA (OTC:AXAHY)

Share

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up: