Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday the availability of its Workers’ Compensation offering to 24 additional states across the nation, which includes Alabama, Iowa, Louisiana, and Virginia.

“Workers’ Compensation is essential not only for high-risk jobs like those in construction where physical injuries can be more frequent, but also for relatively safer occupations where slip-and-fall accidents and strains can occur. Offering coverage that starts at just $14 per month, Next Insurance is helping to solve an often stressful and costly insurance requirement by giving business owners a seamless way to obtain an instant quote and explore their coverage options – all online.”

Next Insurance further explained that the expansion increases the company’s overall Workers’ Compensation coverage in the US to more than 50% now equipping small business owners in 30 states with affordable, hassle-free policies that protect them and their employees from financial harm while meeting state requirements. Speaking about the expansion, Sofya Pogreb, COO of Next Insurance, stated:

“This expansion helps us provide simpler and more affordable solutions for Workers’ Compensation, which is far too often one of the largest operational expenses for small business owners. Now, small businesses can easily protect employees while complying with their state guidelines. We remain dedicated to bringing more benefits to customers, and are working on launching  pay-as-you-go, which fluctuates automatically with your payroll to ensure you never over or under pay.”

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

PALO ALTO, Calif., Sept. 30, 2020 /PRNewswire/ — Next Insurance, the leading digital insurtech company transforming small business insurance, today announced the availability of its Workers’ Compensation offering to 24 additional states across the nation, including Alabama, Iowa, Louisiana and Virginia (see the full list below). This expansion increases the company’s overall Workers’ Compensation coverage in the US to more than 50% now equipping small business owners in 30 states with affordable, hassle-free policies that protect them and their employees from financial harm while meeting state requirements.

Workers’ Compensation is essential not only for high-risk jobs like those in construction where physical injuries can be more frequent, but also for relatively safer occupations where slip-and-fall accidents and strains can occur. Offering coverage that starts at just $14 per month, Next Insurance is helping to solve an often stressful and costly insurance requirement by giving business owners a seamless way to obtain an instant quote and explore their coverage options – all online. With Next Insurance, small business owners can obtain General Liability, Professional Liability, Commercial Auto and Workers’ Compensation coverage all under one roof.

“By expanding Workers’ Compensation to more than half of the country, Next Insurance is taking another important step in our journey to become the one-stop-shop for all small businesses,” said Sofya Pogreb, COO of Next Insurance. “This expansion helps us provide simpler and more affordable solutions for Workers’ Compensation, which is far too often one of the largest operational expenses for small business owners. Now, small businesses can easily protect employees while complying with their state guidelines. We remain dedicated to bringing more benefits to customers, and are working on launching  pay-as-you-go, which fluctuates automatically with your payroll to ensure you never over or under pay.”

Legally required in most states

LONDON–(BUSINESS WIRE)–The Global Workers Compensation Insurance Services market will register an incremental spend of about $42 billion, growing at a CAGR of 3.65% during the five-year forecast period. A targeted strategic approach to Global Workers Compensation Insurance Services sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages

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