Next Insurance Teams With Amazon Business Prime On Small Business Insurance

Next Insurance has collaborated with Amazon Business to let qualified members find tailored small business insurance, according to a Wednesday (March 17) press release.

The collaboration will let Business Prime members simply get a quote from the digital InsurTech firm and expediently buy professional liability, general liability, commercial auto, workers’ compensation, and tools and equipment insurance coverage, according to the release.

“We are proud to continue to be chosen by top companies, like Amazon, who understand the best way to serve small businesses is through digital solutions. With Amazon Business Prime, we are taking a large step toward providing greater access to seamless insurance coverage,” Next Insurance CEO Guy Goldstein said in the release.

Next Insurance says it disrupts small business insurance by harnessing new innovations like machine learning (ML) and artificial intelligence (AI) to provide an easy and cost-effective buying experience.

Small business owners can obtain a tailored quote for their companies in “less than 10 minutes” that can be modified depending upon personal preferences, and they can get a certificate of insurance through the web, according to the release.

“We know that small business owners are looking for innovative and cost-effective ways to streamline their businesses and save time, and that’s what this partnership with Next Insurance helps achieve,” Todd Heimes, director of Amazon Business Prime, said in the release.

Next Insurance said in the release that it is providing a discount for Amazon Business Prime clients for professional liability and general liability policies.

As previously reported, Amazon Business has reached $25 billion in worldwide annualized sales and has expanded to cover eight more nations since launching in the U.S. in 2015.

Over 5 million companies presently harness Amazon Business, spanning from people operating proprietorships to big companies running in different nations.

Moreover, Amazon Business has launched features for small business clients to streamline clerical work, conserving time and money that might have been otherwise spent on more software.