Next Insurance Expands Agency Partnerships with GEICO

Next Insurance has appointed GEICO as its latest agency partner, further broadening its distribution network.

Source: Insurtech Insights

This partnership follows a similar agreement earlier this month with Guffey Insurance Services. GEICO, which also represents Hiscox, now marks Next’s second agency collaboration within the span of a few weeks.

Originally established as a direct-to-consumer provider of business insurance, Next has steadily expanded its reach to include wholesalers and retail brokers. This strategic shift aims to make Next’s products more accessible to a wider range of customers through diverse distribution channels.

In addition to its partnership expansion, Next has also introduced standalone Professional Liability coverage, specifically targeting consultants in the business and technology sectors, as part of its growing suite of insurance offerings.

Read the full article: https://www.insurtechinsights.com/next-insurance-expands-agency-partnerships-with-geico/

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