NEXT Insurance coverage has launched a brand new multi-location employees’ compensation (WC) protection possibility, permitting small enterprise house owners working a number of areas inside a single state to safe protection beneath a single coverage. The transfer positions NEXT as one of many first WC insurers to supply a totally digital resolution for companies managing a number of websites.
The brand new protection is designed for small companies with a number of branches or places of work, addressing the rising complexity of insurance coverage wants as they broaden and rent extra workers. With office accidents posing a rising danger for increasing companies, the multi-location WC coverage allows small enterprise house owners to handle their insurance coverage throughout all areas by means of a web based platform.
“Till now, entrepreneurs have struggled to handle a number of areas and scale their operations with the correct safety and, finally, the peace of thoughts that protection provides,” mentioned Jack Ramsey, VP of Brokers at NEXT. “Multi-location for employees’ compensation will simplify protection choices for small companies with a number of areas, saving them priceless time managing their insurance policies. This new providing additionally offers SMBs the peace of thoughts that with NEXT, their protection choices will develop in tandem with their enterprise.”
NEXT’s digital platform allows real-time coverage updates and self-service capabilities, permitting enterprise house owners to regulate protection throughout all areas at any time. The net binding and servicing options give small enterprise house owners and insurance coverage brokers larger flexibility in managing insurance policies. The streamlined course of additionally facilitates the sale of insurance policies to bigger companies needing scalable protection.
The multi-location WC coverage is obtainable by means of NEXT’s on-line platform, NEXT brokers, and embedded companions. The simplified utility course of reduces administrative burdens, permitting enterprise house owners in industries comparable to meals and beverage, retail, {and professional} companies to rapidly receive protection.
With this newest providing, NEXT Insurance coverage goals to supply a seamless, digital-first expertise for small enterprise house owners, making certain that as their companies develop, their insurance coverage safety can scale with them.
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