Next Insurance, an insurtech seeking to transform small business insurance, announced on Thursday it has integrated with Intuit Inc. (Nasdaq: INTU). Next reported that the integration will enable QuickBooks users to seamlessly obtain a customized quote and easily purchase General Liability, Professional Liability and Workers’ Compensation coverage through the insurtech platform.
“Not only does this integration strengthen Intuit’s mission of empowering small businesses to improve their financial lives, but it also gives small businesses an insurance solution that truly understands their needs.”
Guy Goldstein, CEO at Next Insurance, shared more details about the integration by stating:
“With this integration, we can further democratize access to affordable policies and support millions of QuickBooks customers who are searching for tailored and affordable insurance policies.”
Mauricio Comi, Head of Small-to-Medium-Sized Business (SMB) Insurance at Intuit, added:
“This seamless integration is a complete value add to our customers – they are provided recommendations to the best plans and options from Next Insurance, all from within the QuickBooks platform where their business profile and information already exists.”
Founded in 2016, Next Insurance is on a mission to transform small business insurance with “simple, affordable” coverage that is tailored to the needs of each class of business.
“Next Insurance offers policies that are easy to buy with instant, 24/7, online access to services such as Live Certificates of Insurance, Additional Insured, and more with absolutely no extra fees. Revolutionizing traditional insurance processes, Next Insurance is utilizing advanced technology to offer the industry’s most innovative small business insurance policies.”
Next Insurance recently secured $250 million through its Series D funding round, which was led by CapitalG, Alphabet’s independent growth fund, with participation from FinTLV, a global insurtech VC, and existing investor Munich RE Group.