E-commerce giant Amazon.com is entering into the insurance sector via a brand new partnership with digital insurtech corporation Next Insurance.
Through the partnership, Amazon Business Prime members can obtain a small business insurance quote from Next Insurance. Business Prime members can also immediately purchase general liability, professional liability, workers’ compensation, commercial auto, as well as tools & equipment insurance from the insurtech.
Amazon Business is the B2B marketplace on Amazon, providing business customers with the pricing, selection, and convenience of Amazon, with features and benefits designed for businesses of all sizes. Amazon Business Prime is an Amazon subscription that provides a few benefits to subscribers. A subscription includes access to free delivery, discounts and member-only offers. Amazon Business Prime also includes spending reports powered by AWS QuickSight. Spend visibility provides graphic-driven reports to help manage your business’s Amazon-related expenses.
“We believe the future of the insurance buying experience involves meeting customers where they already are and making it easy to purchase customized and affordable policies,” said Next Insurance CEO Guy Goldstein. “We are proud to continue to be chosen by top companies, like Amazon, who understand the best way to serve small businesses is through digital solutions.”
Goldstein added that thanks to Amazon Business Prime, Next Insurance is “taking a large step toward providing greater access to seamless insurance coverage.”
“We know that small business owners are looking for innovative and cost-effective ways to streamline their businesses and save time, and that’s what this partnership with Next Insurance helps achieve,” Amazon Business Prime director Todd Heimes. “We believe Next Insurance offering products to Business Prime is another example of how this program provides value and benefits to members.” To mark the launch of this partnership, Next Insurance is offering a 10% discount for general liability and professional liability policies for Amazon Business Prime customers.
