NEW YORK--(BUSINESS WIRE)--Slice Labs, a leader in on-demand insurance technology, today announced the launch of a new mid-market Contractors General Liability product within the Excess & Surplus (E&S) space. This new offering, designed for contractors with policies averaging $50,000 in premium, complements Slice’s existing fully digital small business Contractors General Liability product, which targets policies with premiums under $10,000. The expansion positions Slice to meet the growing demand for scalable, high-quality insurance solutions that address the unique risks of both small and mid-sized contractors.
With its AM Best A++ rated capacity via Philadelphia Insurance (PHLY), Slice’s General Liability product has gained significant traction since its launch, becoming a trusted choice for insurance agents and contractors nationwide. This latest development allows Slice to further solidify its presence in the E&S market by offering more robust coverage options for contractors who require larger policy limits and customized risk management.
“We’ve recognized a gap in the market for mid-sized contractors who need higher limits and more specialized coverage,” said Tim Attia, CEO at Slice Labs. “Our new mid-market solution is a direct response to that demand, enabling us to better serve this segment while maintaining the flexibility and innovation that our agents and customers expect.”
The enhanced offering continues Slice's mission to modernize the insurance experience by providing rapid, fully digital solutions that cater to both small and medium-sized contractors, ensuring streamlined processes and efficient policy issuance. Through Slice’s advanced platform, agents can now access a broader range of solutions, quickly tailoring coverage to fit the needs of mid-market clients.
This expansion comes at a time when the construction industry is seeing increased growth and complexity, with contractors facing heightened risks and evolving insurance requirements. Slice’s new mid-market offering is tailored to provide these businesses with the right protection, backed by the reliability and reputation of PHLY, an A++ rated carrier.
For more information about Slice’s Contractors General Liability product and the new mid-market solution, visit https://sliceinsurance.com/.
About Slice Labs: Slice Labs is a leading provider of on-demand, cloud-based insurance solutions, empowering businesses and consumers with innovative products designed for the digital age. By leveraging advanced technology and a customer-centric approach, Slice delivers a seamless, fast, and reliable insurance experience. From small businesses to enterprises, Slice continues to drive the future of insurance by providing customizable, scalable coverage for a wide range of industries. To learn more, visit https://sliceinsurance.com. Follow Slice on LinkedIn.
About Philadelphia Insurance Companies (PHLY):
Philadelphia Insurance Companies designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value-added coverages and services for select industries. The Company is rated "A++" (Superior) by AM Best Company and "A+" for counterparty credit and financial strength by Standard & Poor's. In business for over 60 years, PHLY is nationally recognized as a member of Ward's Top 50, one of the Best Places to Work in Insurance, and one of the Healthiest 100 Workplaces in America. The organization is strategically located across the United States to provide superior service. For more information, please visit www.PHLY.com.
