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Popular Business Insurance Companies

Brand recognition among commercial insurance carriers doesn't exist like it does for personal lines carriers. This guide is written to provide an overview for some of the more popular commercial carriers in the U.S.


What is meant by commercial insurance? Commercial, or business, insurance refers to coverage for businesses for protection against potential losses which may include theft, liability, property damages, etc. This coverage is meant to help protect your business’ property, income, and financial assets. We researched some of the best commercial insurance carriers out there to help you better understand the differences between them.

security AIG

Market Share Rating Headquarters Website
~4.4% A New York, NY AIG Commercial

AIG, or American International Group, Inc. as they are formally named, is the 87th largest public company in the world with operations in more than 80 countries. Headquartered in New York, they have a strong focus on the American market and this focus includes on providing innovative and unique insurance products for both large and small American businesses. They run both admitted and non-admitted programs which provides them with the ability to operate with a flexibility that other carriers might not enjoy. While their appetite is fairly broad, they tend to focus on industries including construction, real estate, financial services, manufacturing, and retail.

security Berkshire Hathaway

Market Share Rating Headquarters Website
~2.6% A++ Omaha, NE BHHC

Berkshire Hathaway Homestate Companies, or BHHC as they are commonly called, is an insurance subsidiary of Warren Buffet’s well-known holding company Berkshire Hathaway. Based out of Omaha, BHHC is actually a group of 6 different insurance carriers from across the United States that provides them with a truly national presence. With a strong focus on America’s small businesses, BHHC has opted to bypass traditional insurance brokers and instead sell certain coverages like business owner’s policies directly to business owners through a network of websites they operate.

security CHUBB

Market Share Rating Headquarters Website
~5.6% A++ Zurich, Switzerland CHUBB

Chubb is the largest publicly traded property and casualty insurance carrier in the entire world and also the largest commercial insurer in the United States. It operates in over 54 countries, providing commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance plus many more services. Chubb truly serves all sizes of businesses from large multinational corporations to small businesses. They also have a strong passion of sustainability and serving as global citizens. Recently acquired by ACE Limited in 2016, Chubb is top-notch in the commercial and business insurance industry.

security CNA

Market Share Rating Headquarters Website
~3.3% A Chicago, IL CNA

CNA is a user-friendly commercial insurance provider with a diverse set of services and customizable insurance policies. The wide variety of options can be intimidating, but it is easy to view options by categories like industry type (ex. finance, healthcare, etc.) or by specific product type (ex. small business owner’s policy, cyber liability, etc.). What’s great about CNA is the great wealth of information, tools, and education available to consumers. From their tools, School of Risk Control Excellence, their blog or their weekly newsletters, CNA truly provides the education required to fully understand business insurance.


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security The Hartford

Market Share Rating Headquarters Website
~2.6% A+ Hartford, CT The Hartford

The Hartford is a Fortune 500 company that has been operating for over 200 years. That’s what I call history of success. The Hartford serves more than one million small businesses and organizations. The Hartford is also extremely socially involved, being a co-founder of the U.S. Paralympics. In addition to business and commercial insurance policies, The Hartford also offers personal home, auto, and renters’ insurance, employee benefits, and mutual funds. As a whole, The Hartford has been recognized as one of the Best Places to Work, a Leading Disability Employer, and one of the World’s Most Ethical Companies just to name a few.

security Hiscox

Market Share Rating Headquarters Website
A+ New York, NY Hiscox

Hiscox USA is a leading specialist commercial insurance company with over 100 years of experience. Instead of offering insurance to broad categories of businesses, Hiscox specializes in insuring unique companies who may not fall into traditional categories. They offer general liability, professional liability, and property insurance through brokers and directly to consumers online. Operating in all 50 states as well as 13 other countries, Hiscox provides truly personalized insurance policies to the complex business.

security Liberty Mutual

Market Share Rating Headquarters Website
~5.1% A Boston, MA Liberty Mutual

Liberty Mutual is the fourth largest commercial insurer in the United States with a little over 100 years of business under their belt. Liberty Mutual offers a wide variety of services and products including personal automobile, homeowners, workers’ compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, fire, and surety. As it operates in the U.S, Liberty Mutual is a mutual company where policyholders are considered shareholders in the company. Outside of the U.S., there are specific differences in how policyholders have a stake in the company.

security Nationwide

Market Share Rating Headquarters Website
~2.8% A+ Columbus, OH Nationwide

Nationwide Mutual Insurance Company and affiliated companies are a group of large U.S. insurance and financial services. Nationwide has a unique history starting as an insurance company mainly representing farmers in the early 1900s. For the next several decades, Nationwide grew and expanded into a great variety of products and services for a wide variety of individuals and industries. Nationwide is one of the largest insurance and financial services companies in the world, focusing on domestic property and casualty insurance, life insurance and retirement savings, asset management, and strategic investments.

security Travelers

Market Share Rating Headquarters Website
~5.6% A++ New York, NY Travelers

Travelers has been around for more than 160 years providing personal, business, and specialty insurance, serving as the only property casualty company in the Dow Jones Industrial Average. It is the second largest provider commercial business insurance in the United States and the third largest personal coverage provider in the United States which it writes through independent agents. Travelers operates in the United States, United Kingdom, Canada, Ireland, and Brazil. Travelers represents small and large businesses as well as multinational corporations.

security Zurich

Market Share Rating Headquarters Website
~4.2% A+ Chicago, IL Zurich

Zurich Insurance Group is Switzerland’s largest insurer based in Zurich, Switzerland. In the United States, Zurich is a leading commercial property-casualty insurance provider with more than 100 years of experience serving customers. Operating under a wealth of accolades and awards, Zurich provides a variety of services including private equity, professional liability, cybersecurity, and strategic risk solutions. Zurich prides itself on ‘Risk Engineering,’ encouraging businesses to include risk management services in their policies and be educated on the benefits of pursuing risk management in their business operations.

In Summary

Every business, even if it is home-based or very small, should have some form of business or commercial liability insurance. This provides both defense and damages if you, your employees, your products, etc. produce any kind of damage to others. Business and commercial insurance policies cover events that happen during the normal course of business. Be sure to research your insurance broker of choice to ensure that it fits your business’ needs most closely.