Next Insurance
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
Carrier overview: • Digital insurtech focused on small businesses and micro‑SMBs with online quote/bind, direct bill and app-based self-service. Appetite and workflows are optimized for low-to-moderate hazard, service-oriented classes with relatively simple operations and smaller exposures.([nextinsurance.com](https://www.nextinsurance.com/agents/?utm_source=openai)) Workers Compensation – appetite & preferred business: • Target: Small businesses with generally under ~$5M revenue and moderate payrolls; broad small-business appetite across more than 1,000 service and light retail/office classes is referenced in program and marketing materials tied to "ERGO NEXT" workers comp. Typical preferred segments include: auto service & repair, beauty & personal care, cleaning, financial and professional services, food & beverage, health & wellness, insurance & real estate services, retail, and sports & fitness.([mynewmarkets.com](https://www.mynewmarkets.com/listings/xp9qzw?utm_source=openai)) • Risk profile: Favors stable operations with basic, predictable employee duties, lower severity exposure, and willingness to comply with safety and audit requirements. Focus is on standard NCCI/independent bureau codes with clear, non-hazardous job descriptions.([mynewmarkets.com](https://www.mynewmarkets.com/listings/xp9qzw?utm_source=openai)) Workers Compensation – restricted or declined: • High-hazard operations (e.g., heavy construction, high heights, extensive driving, high manual-material-handling) and higher NCCI hazard groups are restricted; external market communications previously noted moratoriums for higher-hazard groups and certain states, so expect heightened scrutiny or flat declinations for F–G hazard groups or equivalent.([mynewmarkets.com](https://www.mynewmarkets.com/listings/xp9qzw?utm_source=openai)) • Monopolistic fund states (OH, ND, WA, WY) are typically not eligible for standard private WC policies; coverage must be obtained through the state fund, so Next will not write WC in those states. (This is based on general WC rules reinforced in Next’s education content rather than an explicit appetite chart.)([reddit.com](https://www.reddit.com/r/NextInsurance/comments/1mjbpsz?utm_source=openai)) • Out-of-appetite: Accounts with complex multi-state payroll structures, significant uninsured subcontractor exposure, or prior severe loss history are likely to be declined or re-underwritten at much tighter terms based on audit and knowledge-center content stressing accurate payroll, owner treatment, and documentation.([help.next-insurance.com](https://help.next-insurance.com/hc/en-us/articles/36627012907923-How-do-I-choose-to-include-or-exclude-owners-coverage-for-Workers-Compensation-owners-in-the-application?utm_source=openai)) Workers Comp – key coverage and program notes: • Standard WC/employers liability with typical limit options from $100k/$100k up to $1M/$1M reported through program description; blanket waiver of subrogation is indicated as a standard feature of the workers comp product.([mynewmarkets.com](https://www.mynewmarkets.com/listings/xp9qzw?utm_source=openai)) • Product emphasizes fast online quote, bind, and policy issuance, direct bill, automatic renewals, and flexible payment plans. Policies are subject to audit; dedicated WC audit materials explain year-end audit expectations and documentation (e.g., payroll records, 941s, certificates for subcontractors).([mynewmarkets.com](https://www.mynewmarkets.com/listings/xp9qzw?utm_source=openai)) • Owner coverage: Application allows including or excluding owners subject to each state’s default rule. If the selection differs from the state default, additional signed forms or documentation are required post-bind to finalize the change.([help.next-insurance.com](https://help.next-insurance.com/hc/en-us/articles/36627012907923-How-do-I-choose-to-include-or-exclude-owners-coverage-for-Workers-Compensation-owners-in-the-application?utm_source=openai)) Geographic notes (Workers Comp): • Products are marketed nationally for small businesses, but active WC availability by state may be narrower and subject to moratoria or channel-specific restrictions noted historically. Agents should verify current eligibility and state availability in the portal at time of quote, particularly for CO, KS, TX and higher hazard groups, which have had prior binding moratoria.([coverager.com](https://coverager.com/next-insurance-exits-commercial-auto-sets-workers-comp-restrictions/?utm_source=openai)) Commercial Property / BOP / Package: • Next markets Commercial Property and BOP (combining GL + Property) to small businesses across numerous industries; key targets include professional offices, retail, restaurants/food service, personal/beauty services, light trades and contractors, and other Main Street occupancies with modest TIV and limited high-hazard exposure.([nextinsurance.com](https://www.nextinsurance.com/agents/?utm_source=openai)) • Property focus: Building, BPP/inventory, and equipment for fixed premises subject to standard property-cat and protection considerations. Higher-risk property (vacant, heavy manufacturing, frame structures with poor protection, high-theft locations, or significant cooking without proper protection) is likely to be restricted or declined at the underwriting stage, but formal line-by-line decline lists are not publicly posted; expect appetite to mirror typical small-commercial BOP constraints. Broker / producer & submission notes: • Distribution is a mix of direct-to-consumer and appointed agents. Agent-facing materials emphasize online quote-and-bind with minimal upfront documentation to bind, followed by standard audits and verification. Some marketing/program pages highlight that no trailing documents are needed to bind smaller WC accounts, aligning with straight-through processing in the portal.([nextinsurance.com](https://www.nextinsurance.com/agents/?utm_source=openai)) • For WC, producers should ensure: – Accurate classification and payroll estimates by state and class. – Clear identification of owners and selection of include/exclude consistent with state defaults, with follow-up on any required state forms when deviating from default.([help.next-insurance.com](https://help.next-insurance.com/hc/en-us/articles/36627012907923-How-do-I-choose-to-include-or-exclude-owners-coverage-for-Workers-Compensation-owners-in-the-application?utm_source=openai)) – Transparent disclosure of subcontractor use and provision of certificates to minimize audit premium exposure.([nextinsurance.com](https://www.nextinsurance.com/wp-content/uploads/2021/11/WC_Audit.pdf?utm_source=openai)) • Service is primarily digital/self-service; clients manage COIs, coverage documents, and claims online or via app. Agents should set expectations that underwriting communication is often via the portal or email rather than traditional manual underwriter interaction.([nextinsurance.com](https://www.nextinsurance.com/agents/?utm_source=openai)) Operational takeaway for underwriters/brokers: • Treat Next as a high-volume, small-account market for low-to-moderate hazard WC and BOP/Property risks with strong preference for simple operations, smaller payroll/revenue, and clean loss histories. Avoid routing heavy-construction, high-hazard, or complex multi-state WC to Next. Confirm state eligibility and any moratoria in the agent portal before marketing or binding. For WC submissions, over-communicate owner treatment, payroll by class, and subcontractor exposure to avoid post-bind issues or adverse audit outcomes.