Next Insurance forms partnership with QuickBooks to ease access to business insurance

Small business insurer Next Insurance has formed a partnership with Intuit QuickBooks to simplify the policy purchasing process.

The deal will integrate Next Insurance’s technology with the QuickBooks platform to enable users to seamlessly obtain a customised quote and buy general liability, professional liability and workers’ compensation insurance.

QuickBooks is an accounting software platform that offers a suite of tools including invoicing, self-assessments, VAT management, payroll and more.

With Next Insurance, QuickBooks users will be able to receive a tailored insurance policy by using their financial data.

Intuit head of small-to-medium-sized business insurance Mauricio Comi said, “Together with Next Insurance, we are enabling QuickBooks customers to attain the affordable insurance coverage they need for their small business.

“This seamless integration is a complete value add to our customers – they are provided recommendations to the best plans and options from Next Insurance, all from within the QuickBooks platform where their business profile and information already exists.”

Next Insurance recently deepened its unicorn status, after its $250m Series D funding round brought its valuation to $2bn. The capital was supplied by CapitalG, FinTLV and Munich RE Group.

Copyright © 2020 FinTech Global

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