PALO
ALTO, Calif., Aug. 12,
2024 /PRNewswire/ -- NEXT Insurance, a leading
digital insurer transforming small business insurance, announced it
has been named to CNBC's inaugural list of the World's Top
Insurtech Companies of 2024 in the digital insurer category. The
global list is published by CNBC in partnership with market
research firm Statista.
"Our recognition from CNBC underscores the transformative power
of our early investment in technology to revolutionize small
business insurance and address a critical market gap in the
industry," said Guy Goldstein, CEO
of NEXT Insurance. "As a digital-first insurance provider, we're
well underway to lead the market into a new era and to deliver
outstanding products and services to our customers, partners and
agent ecosystem."
CNBC's list of The World's Top Insurtech Companies of 2024
highlights the top insurtech companies globally and includes
companies from six different market categories: Underwriting &
Risk Analysis, Policy Administration & AdminTech, Claim &
Fraud Management, Marketing, Sales, and Distribution,
Digital Brokerage & Comparison Platforms, and Digital Insurers.
To select the top companies, Statista analysts conducted in-depth
research into relevant KPIs for over 1,000 eligible companies
between March and May 2024. The
digital insurer category includes insurance carriers and Managing
General Agents (MGAs) that use technology to offer a personalized,
flexible insurance experience online.
NEXT helps over half a million small businesses nationwide
thrive by providing simple and tailored business insurance. As a
vertically integrated, technology-led, full-stack insurer, NEXT
provides an end-to-end digital experience for customers that
includes writing policies, claims handling, pricing, servicing, and
underwriting. The company has raised over $1.1 billion in venture capital funding,
including a recent $265 million
strategic investment from Allstate and Allianz X.
About NEXT Insurance
NEXT Insurance is transforming
small business insurance with simple, digital coverage tailored to
the self-employed. Trusted by over 500,000 business owners, NEXT
offers policies that are easy to buy and provides 24/7 access to
Certificates of Insurance, additional insured, and more, with no
extra fees. Revolutionizing a historically complicated insurance
industry, NEXT utilizes AI and machine learning to simplify the
purchasing process. Founded in 2016, the company is headquartered
in Palo Alto, has received a total
of $1.1 billion in venture capital
funding, is rated "A- Excellent" by AM Best and has been recognized
by CNBC Disruptor 50, Forbes Fintech 50, Inc.'s Best-Led Companies,
and Forbes Best StartUp Employers. For more information, visit
NEXTInsurance.com. Stay up to date on the latest with NEXT on
Twitter, LinkedIn, Facebook and our blog.
Media Contact
Kerry
Ogata
Director of Corporate Communications
301-717-4224
kerry.ogata@nextinsurance.com
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SOURCE NEXT Insurance