Next Insurance launches professional liability product

insurancebusinessmag | May 22, 2019

Next Insurance is rolling out a new professional liability coverage product, which will be made available online. The product launch coincides with Next Insurance’s announcement that it now supports more than 1,000 classes of business across the country. Classes the company serves include contracting, construction, consulting, fitness, cleaning, beauty, therapy, entertainment, and education, and much more. Next Insurance is offering the professional liability coverage to architects, engineers, real estate agents and insurance agents, among other classes of business. Business owners can choose the coverage’s level of protection according to their risk and budget, a release said. We want to be the one-stop-shop for any small business, said Next Insurance co-founder and CEO Guy Goldstein in a statement..

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The industry, however, also faces far broader challenges. Technology, customer expectations, demographic shifts and emerging markets will all help shape the sector’s longer term future. The insurance technology (InsurTech) industry is expanding quickly, and this momentum has been a catalyst for modernization and improved services. They can assist insurers discover emerging coverage needs and risks that demand new insurance products and services, resulting in improved product portfolio strategy and design of new risk models.

Spotlight

The industry, however, also faces far broader challenges. Technology, customer expectations, demographic shifts and emerging markets will all help shape the sector’s longer term future. The insurance technology (InsurTech) industry is expanding quickly, and this momentum has been a catalyst for modernization and improved services. They can assist insurers discover emerging coverage needs and risks that demand new insurance products and services, resulting in improved product portfolio strategy and design of new risk models.

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TONI Digital Selects Socotra to Power New TONI Insurance-as-a-Service Technology Platform

TONI Digital | December 23, 2020

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Toyota Insurance Management Solutions Launches Toyota Auto Insurance

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