LegalZoom.com, Inc. (Nasdaq: LZ), the agency targeted on on-line enterprise formation and a key participant in authorized, compliance and tax options, and NEXT Insurance coverage, a digital insurtech firm reworking small enterprise insurance coverage, introduced a partnership “to higher assist small enterprise house owners create and shield their enterprise on-line.”
NEXT’s absolutely embedded insurance coverage answer, NEXT Join, “permits small enterprise house owners to rapidly and seamlessly get a quote for small enterprise insurance coverage and buy a plan that works for them, all with out ever leaving the LegalZoom platform.”
In accordance to a LegalZoom survey of small enterprise house owners, solely 9% of entrepreneurs indicated that they “already had enterprise insurance coverage when forming their enterprise.”
Nonetheless, having enterprise insurance coverage is “a significant step when setting an organization up for fulfillment. From offering advantages to workers, to defending a enterprise from damages to defending prospects – enterprise insurance coverage is essential, and typically legally required, for companies within the U.S.”
Kathy Tsitovich, Chief Company Growth & Partnerships Officer, LegalZoom. mentioned:
“LegalZoom is dedicated to investing in expertise that helps help small enterprise house owners each step of the way in which, and the embedded integration in LegalZoom’s platform with NEXT helps us ship on that dedication. The technology-first strategy we’ve taken with NEXT permits us to create tailor-made experiences for our prospects whereas giving them the boldness that they’re setting-up their enterprise for fulfillment.”
LegalZoom continues “to pursue a expertise ahead strategy in the case of partnerships and the services and products provided to small enterprise house owners.”
With new companions like Wix and now NEXT Insurance coverage, LegalZoom’s prospects acquire entry to a easy, unified expertise “that permits them to start out, handle, shield and develop their enterprise, with out ever leaving LegalZoom.com.”
Along with the embedded expertise with the LegalZoom platform, prospects exploring small enterprise insurance coverage will “have their info mechanically populated, with their consent, inside NEXT Join, making it fast to discover the insurance coverage choices which might be proper for them.”
And for many who aren’t prepared “to buy insurance coverage however need to study extra, LegalZoom is providing instructional content material throughout the Enterprise Toolkit that may present essential insurance coverage info for entrepreneurs.”
Man Goldstein, CEO and co-founder of NEXT, mentioned:
“Insurance coverage and authorized providers are two very difficult, but essential, facets of beginning a enterprise. NEXT’s partnership with LegalZoom simplifies this course of by offering an embedded answer that permits prospects to immediately get a quote and buy insurance coverage with out leaving the LegalZoom platform. We’re thrilled to work with LegalZoom and deal with the total protection wants of these seeking to kind a small enterprise.”
NEXT is dedicated “to serving to small companies thrive by offering entry to personalized and inexpensive insurance coverage insurance policies on-line by NEXT Join.”
Companions like LegalZoom are “fixing a big ache level for small enterprise house owners and are empowering entrepreneurs to hunt out custom-made, technology-first options that allow their companies to develop and scale.”
This partnership and product providing “can be found for LZ Prospects now by My Account or will be discovered at www.LegalZoom.com/Companions.”
Survey methodology: The LegalZoom analysis “consisted of a web based survey carried out by Magid of enterprise house owners and small enterprise intendors.”
Greater than 1,800 people from the U.S. “accomplished the survey.” Responses have been “captured between February 10-26, 2021.”
