PriyaPatel
Summary:
TLDR:
- NEXT Insurance introduces Copilot to streamline insurance processes for agents serving micro businesses.
- Copilot allows agents to offer customized insurance policies efficiently through AI and machine learning.
The introduction of Copilot by NEXT Insurance addresses the critical need for insurance agents to increase operational efficiency and profitability. Copilot streamlines the quoting and binding process, eliminating underwriting delays and enabling more profitable engagements with small micro businesses. NEXT Insurance is dedicated to redefining small business insurance by offering policies that are easy to purchase, affordable, and tailored to meet the unique needs of the self-employed. Leveraging AI and machine learning, NEXT simplifies the insurance buying process, making it more accessible to over 500,000 business owners.
Copilot serves as a powerful tool for insurance agents, allowing them to provide customized insurance policies to small micro businesses efficiently. Agents can generate personalized quoting links through NEXT’s agent portal, enabling them to provide quotes and finalize policies online 24/7 without traditional underwriting delays. This flexibility allows agents to adapt the purchasing experience to their unique selling approach while earning standard commissions. The option for a quote review before policy binding adds a layer of assurance for both agents and clients.
Kimberly Silkes, Vice President of Finance Management at InsuranceBee, praised Copilot for its impact on serving small businesses, freelancers, and independent contractors effectively. Jack Ramsey, Vice President of Agent Business at NEXT Insurance, highlighted how Copilot enables partner agents to differentiate themselves, better serve small micro businesses, and focus on more complex sales to generate new revenue streams without additional burden.
Overall, Copilot revolutionizes the way insurance agents serve micro businesses, offering a seamless self-serve quoting experience and empowering agents to provide tailored insurance solutions efficiently.
