Next Insurance is a digital small business insurance carrier that uses AI and data to offer instant commercial coverage for contractors, consultants, retail businesses, and other SMBs. The company distributes directly and through partnerships, offering general liability, BOP, professional liability, commercial auto, and workers' compensation with fast online quoting without paperwork.
Key features: Instant online commercial insurance quoting and binding for SMBs · GL, BOP, professional liability, commercial auto, and workers' comp products · AI-driven underwriting for fast eligibility decisions · Industry-specific coverage packages for over 1,300 professions · Digital certificate of insurance issuance
Pros: One of the largest US digital small business insurance carriers by premium volume · Fast and simple quoting suited to busy small business owners · Broad industry class coverage with tailored product options · Partnership program enables integration into other business platforms
Cons: Primarily direct model; limited traditional broker distribution · Product scope focused on SMB; not suited for complex commercial risks · Consumer and SMB-facing; not a platform tool for agents
Pricing: Premiums quoted online; vary by industry, coverage, and business size.
Best for: small business owners and self-employed professionals
Audience: carrier
