The partnership offers small businesses a frictionless insurance purchasing program to meet enterprise coverage requirements through NEXT Connect
PALO ALTO, California., July 20, 2022 /PRNewswire/ — NEXT Insurancea leading digital technology company transforming small business insurance and evident, a leading provider of third-party insurance verification services, announced today that they have partnered to offer NEXT’s tailored insurance solutions to the small businesses that Evident verifies, improving their compliance with enterprise requirements. Through this partnership, NEXT and Evident are making it easier for small businesses to get the exact coverage they need to grow and scale.
“Our mission is to enable small businesses to thrive by providing them with fast, affordable and customizable insurance. Our partnership with Evident helps small businesses meet and stay compliant with the coverage requirements of their customers. their biggest”, he said Eric Harnden, vice president of partnerships and agency at NEXT Insurance. “Enterprise risk managers deal with thousands of small business sellers who need various coverages in order to grow their business, and NEXT Link, Our integrated insurance solution makes this process really easy.”
Whether small businesses are maintaining relationships with larger clients or winning business with larger prospects, compliance with insurance requirements is essential. Without meeting these requirements, small businesses cannot gain access to enterprise customers, halting their growth trajectory. However, according to Evident’s data-driven research reportonly 25% of enterprise companies’ third-party partners are fully compliant with their insurance requirements. This partnership allows NEXT and Evident to fill the coverage gaps that exist for these small businesses and support them with their compliance needs.
“Our enterprise customers are looking to small businesses to meet increasingly stringent insurance requirements. Navigating insurance options while trying to onboard a major new enterprise is a serious pain point in the customer journey of a small business,” he said David Thomas, founder and CEO of Evident. “Our partnership with NEXT means increased overall compliance rates for our enterprise customers along with the right coverage at the right price for the small businesses we vet – helping everyone get to work.”
NEXT was selected by Evident because it offers multiple lines of insurance coverage for a wide range of business classes across the small business sector, powering small business growth. Through NEXT, small businesses can get quick quotes, shop online and get an insurance certificate in seconds any time of day. The combined solution of NEXT and Evident is the only fully automated, fully digital solution for insurance verification and fulfillment. Through this partnership, NEXT can help Evident’s customers and their small business customers simplify and streamline the process of purchasing coverage and providing proof of insurance required.
For more details on the NEXT and Evident insurance verification and placement solution, Click here to register for our free informational webinar. For more details on the partnership with NEXT and the value of NEXT Connect’s integrated solution, please visit our partner site.
About NEXT Insurance
NEXT Insurance is transforming small business insurance with simple, digital and affordable coverage tailored for the self-employed. Trusted by above 300 thousand business owners, NEXT offers policies that are easy to purchase in 10 minutes or less and offers 24/7 access to Free Insurance Certificates, Extra Insurance, and more, at no extra charge. Revolutionizing a historically complicated insurance industry, NEXT uses AI and machine learning to simplify the purchasing process and provide more affordable coverage. Founded in 2016, the company is headquartered in Palo Altoreceived in total 881 million dollars in venture capital funding, rated “A- Excellent” by AM the best and has been recognized by CNBC 50 Breaker, Forbes Fintech 50, Inc.’s Best-Led CompaniesAND Forbes’ Best Startup Employers. For more information visit NEXTInsurance.com. Stay up to date with the latest news with NEXT at I tweet, LinkedIn, Facebook and ours blog.
About Evident
Evident is the only fully automated, fully digital insurance verification solution built from the ground up to reduce enterprise risk, expense and manual effort. The world’s largest organizations rely on Evident’s game-changing assurance verification and credentialing technology to help them make fast and informed decisions about engaging vendors, suppliers, franchisees and other third-party partners third parties without compromising their data privacy. Evident is a VC-backed tech startup headquartered in Atlanta, GA. Learn more at evidentid.com.
Kerry Ogata
Director of Corporate Communications
NEXT Insurance
[email protected]
301-717-4224
OTHER SOURCE Insurance
