Next Insurance Hires Former Airbnb Executive as CFO

Next Insurance Inc., a startup that provides insurance to small business owners, has hired a former executive from Airbnb Inc. as its new chief financial officer. Teodora Gouneva took over as CFO of the Palo Alto, California-based company last month after serving as vice president of finance for Airbnb for about two years, where she… Continue reading Next Insurance Hires Former Airbnb Executive as CFO

NEXT Insurance Announces NEXT Connect: Embedded Insurance for Seamless Coverage to Small Businesses

NEXT Insurance, the leading digital insurtech company transforming small business insurance, today announced the availability of NEXT Connect, a trusted embedded insurance solution for some of the leading small business software ecosystems in the U.S. NEXT Connect enables small businesses to purchase fast and affordable coverage in a way that is convenient for them, either… Continue reading NEXT Insurance Announces NEXT Connect: Embedded Insurance for Seamless Coverage to Small Businesses

Next Insurance Announces Tailored Commercial Property Coverage for Small Business Owners

Allstate and Allianz invest in Next

Next Insurance, the leading digital insurtech company transforming small business insurance, today announced a significant milestone in its journey to become the one-stop-shop for business owners across the US. The availability of commercial property is the final step necessary to provide full comprehensive coverage via the Next Insurance platform. Bolstering its already existing tools and… Continue reading Next Insurance Announces Tailored Commercial Property Coverage for Small Business Owners

Next Insurance to Seek $2.25 Billion Valuation in Funding Round

Allstate and Allianz invest in Next

Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about $2.25 billion, according to people familiar with the matter. Alphabet Inc.’s CapitalG is in talks to lead the roughly $250 million funding round for the Palo Alto, California-based company, the people said, asking not to… Continue reading Next Insurance to Seek $2.25 Billion Valuation in Funding Round

Next Insurance Launches Built By Business, An Initiative to Help Small Businesses Get Back to Work

Allstate and Allianz invest in Next

As small businesses continue to wait for signs of economic hope, Next Insurance, a national business insurance provider, is announcing a new program to help put small business owners back to work. Next Insurance’s Built By Business initiative will give entrepreneurs extra time and resources to get back on their feet by hiring them to… Continue reading Next Insurance Launches Built By Business, An Initiative to Help Small Businesses Get Back to Work

Next Insurance Hires Former Fitbit and Yelp Executives

Next Insurance, the leading digital insurtech company transforming small business insurance, today announced the appointment of former Fitbit executive Melanie Chase as Chief Marketing Officer and former Yelp executive Effi Fuks Leichtag as Chief Product Officer. Next Insurance provides digital small business insurance coverage across the US and is upending the traditional industry model by… Continue reading Next Insurance Hires Former Fitbit and Yelp Executives

Next Insurance Raises $250 Million from Munich Re

Reinsurance company Munich Re AG has invested $250 million in Next Insurance Inc. in a funding round that valued the small-business insurance provider at more than $1 billion. Munich Re was the sole investor in the Palo Alto, Calif.-based company’s Series C round. Next Insurance offers general liability, professional liability, workers’ compensation and other types… Continue reading Next Insurance Raises $250 Million from Munich Re

Next Insurance Now Covering Over 1,000 Classes of Business

Next Insurance, the leading digital insurance company for small businesses, announced today that it now supports over 1,000 classes of business (CoBs) across the country including Contracting, Construction, Consulting, Fitness, Cleaning, Beauty, Therapy, Entertainment, Education, and over 1,000 more. The company is also announcing the launch of professional liability coverage, available entirely online. Next Insurance… Continue reading Next Insurance Now Covering Over 1,000 Classes of Business