Markel Corporation and Next Insurance Partner to Insure Commercial Small Businesses

SAN FRANCISCO, Jan. 18, 2017 /PRNewswire/ -- Next Insurance is excited today to announce its successful partnership with Markel Corporation, a leading global insurance organization specializing in small commercial insurance products. Next Insurance is the leading online platform for tailored commercial small business insurance in the United States. This partnership has developed the most relevant coverage for personal trainers pairing Markel's insurance expertise and capital with Next Insurance's understanding of personal trainer business needs. Personal trainers can buy insurance policies online directly through Next Insurance in minutes.

"We believe providing more specific and focused insurance offerings to small business owners - like personal trainers - through Next Insurance will advance our overall industry," said Trent M. Cooksley, Head of Open Innovation at Markel Corporation. "This is our first partnership product with Next and we are excited about Next's expertise and encouraged by the significant growth we've seen since our launch together."

Next Insurance has also started working with NESTA, a professional fitness association. Partnerships with training associations will enable trainers, sports coaches, lifestyle consultants and wellness professionals to enroll in comprehensive insurance as soon as they complete certification courses and start offering their services.

"We have seen our personal trainer insurance sales grow by double-digits every month, and expect to see this growth expand with the support of Markel and our collaborations with associations like NESTA," said Guy Goldstein, CEO and co-founder of Next Insurance. "We are excited to see how our other small business insurance offerings are adopted after the incredible feedback we've gotten from personal trainers."

Personal trainers can buy insurance online with Next Insurance and pay on a monthly basis. Personal trainer insurance is offered anywhere in the continental US, plus Alaska. Next Insurance now provides insurance packages for personal trainers, photographers, construction workers - such as electricians, plumbers, and others - online. Each insurance offering is tailored based on deep understanding of the specific industry as well as discussion with small business owners directly, so that usual exceptions or limitations are covered as well.

About Next Insurance
Next Insurance provides online insurance for commercial small businesses in the U.S. The company pairs a deep understanding of specific business needs with machine learning to tailor the most affordable and relevant insurance coverage for business owners. For more info, visit https://www.next-insurance.com.

About Markel Corporation
Markel Corporation is a diverse financial holding company serving a variety of niche markets. The Company's principal business markets and underwrites specialty insurance products. In each of the Company's businesses, it seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value. Visit Markel Corporation on the web at www.markelcorp.com.

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SOURCE Next Insurance