InsurTech NEXT Insurance, which is on a mission to transform small business insurance, has named Chris Rhodes as its first chief insurance officer.
NEXT is on a mission to transform small business insurance with simple, digital and affordable coverage tailored to the self-employed.
Trusted by 420,000 business owners, NEXT offers policies that are easy to buy and provides 24/7 access to Live Certificates of Insurance, Additional Insured, and more, with no extra fees.
In this role, NEXT said Rhodes will leverage his extensive experience at legacy insurance carriers to focus on the insurance function to support product development, elevate the claims automation experience and help connect profit management and loss analytics actions to ensure price adequacy.
He will also work to further define NEXT’s customer segmentation strategy as the company evaluates new industries it can serve.
Guy Goldstein, CEO and co-founder of NEXT, said, “Since day one, NEXT has been committed to helping entrepreneurs thrive by providing access to tailored digital-first insurance policies.
“Chris shares this excitement for serving this community and sees this role as an opportunity to help us continue to deliver exceptional experiences. He brings extensive knowledge of the insurance space to NEXT, and we look forward to having him as a member of our executive team as we continue to support small businesses.”
Rhodes added, “There continues to be a huge opportunity for InsurTech’s to modernise the overall customer experience, and NEXT is well positioned to be the number one small business insurance carrier in the market.
“I was drawn to the company for three reasons: its digital-first approach, prioritisation of customer needs and the company culture. I am excited about the opportunity that NEXT has to bring lasting change to the insurance market and can’t wait to continue to make a difference in the lives of its over 400,000 small business customers.”
NEXT Insurance teamed up with provider of third-party insurance verification services Evident, to provide NEXT’s tailored insurance solutions to the small businesses that Evident verifies.
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