Next Insurance

Next Insurance Inc. is an online insurance agency that specializes in providing various insurance products and services tailored for small businesses. Founded in 2015 and based in Palo Alto, California, the company offers business, general liability, professional liability, commercial auto, and workers’ compensation insurance. By leveraging technology, Next Insurance eliminates the need for agents and reduces costs, enabling it to offer competitive pricing. The company's services cater to a diverse range of sectors, including construction, fitness, cleaning, beauty, therapy, entertainment, and education. Additionally, Next Insurance prioritizes timely claims processing, often investigating claims within 48 hours to ensure transparency and efficiency for its clients.

Alon Huri

Co-Founder and CTO

Nissim Tapiro

Co-Founder and CTO

2 past transactions

AP Intego

Acquisition in 2021
AP Intego is a digital small commercial insurance agency and one of the nation’s fastest-growing Insurtech companies. The company provides an integrated, turn-key insurance agency to hundreds of affinity partners, as well as optimal coverage, superior customer service, and flexible, streamlined billing to tens of thousands of small business customers through its industry-leading digital insurance platform.

Juniper Labs

Acquisition in 2020
Juniper Labs LLC is a Denver-based company that specializes in developing AI-driven tools for the commercial insurance sector. Established in 2018, it focuses on enhancing the quoting and underwriting processes for insurance products through its application software. By leveraging natural language processing, Juniper Labs transforms fragmented and unstructured data from small businesses into structured insights, improving risk transparency for insurance carriers. The company's technology integrates various data sources, including consumer-provided information, to deliver instant risk classifications, thereby increasing underwriting efficiency and automating the quoting process. As of December 2020, Juniper Labs operates as a subsidiary of Next Insurance Inc.
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