What Happened?
Palo Alto, -based Next-Insurance Promoted Rachel Jrade-Rice as General Counsel
About the Company
Next Insurance is transforming small business insurance with simple, digital and affordable coverage tailored to the self-employed. Trusted by 300K business owners, NEXT offers policies that are easy to buy in 10 minutes or less and provides 24/7 access to Live Certificates of Insurance, Additional Insured, and more, with no extra fees. Revolutionizing a historically complicated insurance industry, NEXT utilizes AI and machine learning to simplify the purchasing process and drive down costs by up to 30% compared to traditional policies. Founded in 2016, the company is headquartered in Palo Alto, has received a total of $881 million in venture capital funding, is rated "A- Excellent" by AM Best and has been recognized by Forbes Fintech 50, Inc.`s Best-Led Companies, and Forbes Best StartUp Employers. The needs of business owners have significantly changed over the past decade, the insurance industry hasn`t. When you`re running your own business, you`re placing a huge bet on yourself. Your ideas, your passion, your blood, sweat and tears define your success. Next Insurance was created to give your business the coverage it deserves. Simple, affordable and tailored. So no matter what you do, no matter how you define success, we`re right there, next to you. 100% dedicated to the self-employed, 100% how insurance should be.
About the Person
Rachel Jrade-Rice is General Counsel at Next Insurance. Previously, Rachel held various senior legal leadership roles in the industry.
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