NEXT Insurance, a leading digital insurtech company transforming small business insurance, today announced a new offering to better support small businesses with multiple operating locations across a single state, allowing single-entity small business owners with numerous locations to purchase workers’ compensation (WC) coverage through one single policy. NEXT’s addition of multi-location coverage for WC demonstrates the company’s commitment to empowering entrepreneurs by simplifying the purchasing process to easily secure the coverage they need at the time that works best for them. This move makes NEXT one of the first WC insurers to provide a fully digital experience for managing multi-location small businesses.
Multi-Location WC coverage is tailored for growing businesses with complex insurance needs as they open additional locations and hire more employees, which can increase the likelihood of workplace accidents. This service will provide online binding and servicing for businesses with multiple branches or offices. Small business owners can now update and self-service their insurance policies across all their locations 24/7, giving them more flexibility and time to focus on their business. Additionally, this new offering enables agents and partners to easily sell NEXT policies to larger businesses, who often need to update coverage as they expand to multiple locations.
“Until now, entrepreneurs have struggled to manage multiple locations and scale their operations with the right protection and, ultimately, the peace of mind that coverage offers,” said Jack Ramsey, VP of Agents at NEXT. “Multi-location for workers’ compensation will simplify coverage options for small businesses with multiple locations, saving them valuable time managing their policies. This new offering also gives SMBs the peace of mind that with NEXT, their coverage options will grow in tandem with their business.”
Easily accessible through NEXT’s online digital platform, small business owners across sectors like: food & beverage, retail, and professional services, among others—can instantly access a streamlined application process that reduces administrative work and cumbersome data uploads. Whether directly through nextinsurance.com, a NEXT agent, or NEXT’s embedded partner ecosystem, entrepreneurs can get a quote and purchase a multi-location WC policy instantly to help ensure their livelihood is protected.
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