Next Insurance launches its embedded solution within QuickBooks
Next Insurance and Intuit announced the launch of NEXT Connect for Intuit QuickBooks, an embedded insurance solution that provides customers with access to digital-first insurance products within the QuickBooks ecosystem. Now, Small businesses and accountants can obtain insurance quotes and bind coverage without leaving their QuickBooks account.
Next also announced an upgraded pay-as-you-go solution for workers’ comp. The upgraded offering uses Stripe Financial Connections to link to a customer’s bank account and automatically handle payments on an ongoing basis. Customers are able to set up billing and have it run automatically along with their payroll.
“Small businesses and entrepreneurs are innovators at heart, and they deserve tech-driven solutions designed with their needs in mind. Our partnership with Intuit QuickBooks enables Next to ease significant pain points for the small business community by providing easy access to customized coverage and payments directly tied to a company’s payroll for their workers’ compensation policies—all without leaving their Intuit QuickBooks accounts.” – Guy Goldstein, CEO of Next Insurance.
“Over 400,000 small businesses rely on Next, and we continue to put their needs first by investing in innovation that simplifies their experience. The technological upgrades to our pay-as-you-go offering put less of a strain on the policyholder by providing access to bundled coverage, simplified automatic payments linked to payroll for both direct customers and users across our ecosystem of partners. This seamless experience takes the burden off of the customer and allows them to focus on what matters the most: growing their business.” – Eric Harnden, VP of partnerships and head of Agency at Next Insurance.
“Despite accounting for nearly half of the U.S. economy, small businesses have long been overlooked or offered one size fits all solutions for their financial services and insurance needs. NEXT Connect’s embedded insurance offering and pay-as-you-go solution allow us to not only provide QuickBooks customers with seamless access to trusted insurance carriers, but also offer payment options adjusted to a company’s payroll.” – Jessica Hidalgo, group product manager at Intuit QuickBooks.