NEXT Insurance, a digital InsurTech company aiming to transform small business insurance, has partnered with LegalZoom, an online business formation and a leading platform in legal, compliance and tax solutions.
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.
According to a LegalZoom survey of small business owners, only 9% of entrepreneurs indicated that they already had business insurance when forming their business. However, having business insurance is a vital step when setting a company up for success.
From providing benefits to employees, to protecting a business from damages to protecting customers – business insurance is critical, and sometimes legally required, for businesses in the US.
The partnership will aims to help small business owners create and protect their business online. LegalZoom’s customers will also gain access to a simple, unified experience that enables them to start, manage, protect and grow their business, without ever leaving LegalZoom.com.
In addition to the embedded experience with the LegalZoom platform, customers exploring small business insurance will have their information automatically populated, with their consent, within NEXT Connect, making it quick to explore the insurance options that are right for them.
Guy Goldstein, CEO and co-founder of NEXT, said, “Insurance and legal services are two very complicated, yet critical, aspects of starting a business. NEXT’s partnership with LegalZoom simplifies this process by providing an embedded solution that enables customers to instantly get a quote and purchase insurance without leaving the LegalZoom platform. We are thrilled to work with LegalZoom and address the full coverage needs of those looking to form a small business.”
NEXT Insurance named Chris Rhodes as its first chief insurance officer in December 2022.
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