Guy Goldstein News

Former Executive Alleges Gender Bias, Retaliatory Firing by NEXT Insurance

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. …

Next Funding Round for Next Insurance May Double Insurtech’s Valuation to $2.25 Billion

Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about $2.25 billion, according to people familiar with the matter. Alphabet Inc.’s CapitalG is in talks to lead the roughly $250 …

Munich Re Backs Small Business Insurtech Next Insurance with $250 Million

Insurtech Next Insurance has pulled in a $250 million financing round from a single investor: Munich Re. Palo Alto-based Next said it plans to use the Series C cash infusion to scale up its small business insurance products and expand …

Insurtech Next Insurance Raises $83 Million to Expand; Nationwide, Munich Re Among Investors

Next Insurance has raised $83 million in new financing, money it said will fuel its continued U.S. expansion as a full-service digital insurance carrier focused on the small business market. Nationwide Insurance and Munich Re participated in the Series B …

Insurtech Next Insurance Ditching Agency Model to Become a Carrier

Next Insurance, which debuted in 2016 as a digital insurance agency for small to medium-size businesses, is repositioning itself by becoming a licensed insurance carrier. The company says it has received its first license from Delaware and expects to be …

Language Lessons for Property/Casualty Insurers

InsurTech leaders speaking at the InsureTech Connect Conference in October had a message for traditional insurers they have probably heard before: The language that insurance agents and carriers use is creating a gulf between insurers and customers who struggle with …

Personal Trainers Can Now Buy Policies from Next Insurance via Chatbot on Facebook

Next Insurance, a digital insurance company for small businesses, has launched a chatbot that enables personal trainers to quote and buy liability insurance via Facebook Messenger. Next said it partnered with chatbot developer SmallTalk, becoming what it claims is the …