Startup Ideas AI

Managing insurance claims can be a time-consuming and frustrating process for small retailers. A startup can develop a technology-based toolkit that automates and simplifies the claims process, providing guidance and support to retailers while reducing paperwork and streamlining communication with insurance providers. This solution would improve efficiency, save time, and ensure fair compensation for retailers. Market size: According to a report by IBISWorld, the US small business insurance market is estimated to be worth $30 billion.