March 20, 2025
Munich Re said it has acquired Next Insurance, which will become part of the reinsurer’s major primary insurance business, Ergo. The agreement in place values Next Insurance at $2.6 billion. Ergo already owned nearly 30% of the digital insurance company’s …
October 15, 2024
QBE International Markets will launch a new U.S. inland marine offering by 2025 across all 50 states as it expands its specialty product suite. The team and product will be added to QBE International Market’s growing ocean marine and energy …
May 20, 2024
A former chief corporate officer for NEXT Insurance is accusing the company and its chief executive officer of gender and disability discrimination in the workplace and of firing her in retaliation for her request for medical leave for cancer surgery. …
November 2, 2023
NEXT Insurance said Allstate and Allianz X have invested $265 million in the digital small business insurer. NEXT and Allstate will partner on bringing new commercial products to what they call an underserved target market of 33 million small businesses. …
September 22, 2023
Digital small business insurer Next Insurance announced a new offering it says will enable agents to fully customize coverage quotes to better meet the needs of their small business clients. Next’s Coverage Builder allows agents to micro-tailor small business quotes …
July 17, 2023
Could self-service and digital quoting and binding be gamechangers for independent agents and brokers working in microbusiness lines? Though they’re the smallest of small businesses, microbusinesses account for the largest portion of small businesses in the United States. They dominate …
April 24, 2023
Chubb Appoints Camp North America Business Development Leader Chubb has appointed Annmarie Camp as North America business development leader, part of the company’s North America field operations. Camp has over two decades of insurance industry experience. Since joining Chubb in …
March 16, 2023
Findings from a recent NEXT Insurance survey highlight a significant gap between small business owners’ biggest stressors in 2023 and what they’re prepared for when it comes to their insurance knowledge and coverage. The data’s overarching takeaway: Insurance is often …
December 7, 2022
Next Insurance Names Rhodes as First Chief Insurance Officer Next Insurance has announced the appointment of Chris Rhodes as the company’s first chief insurance officer. Rhodes has 20 years of property and casualty insurance experience, including senior leadership roles at …
July 20, 2022
NEXT Insurance and Thimble are the latest insurtechs to lay off part of their workforce this year, with NEXT citing challenging economic conditions and both insurtechs pointing to an increased focus on profitability. NEXT laid off 17% of its workforce …