Next Insurance
Next Insurance is an insurtech company based in Palo Alto, California, founded in 2016. It specializes in providing simple, affordable, and digitally tailored property and casualty insurance for small businesses and self-employed entrepreneurs across the United States. As a full-stack carrier, Next Insurance manages the entire insurance process, from policy issuance to claims processing, ensuring a seamless experience for its customers. The company has raised over $1.1 billion in venture capital and serves over 500,000 active small business customers. Next Insurance focuses on operational growth and strategic partnerships, offering tailored business insurance coverage through a fully digital platform. Key features include quick policy issuance, 24/7 access to insurance documents, and in-house claims support. The company targets various sectors, including food and beverage, financial services, and insurance professionals, emphasizing flexibility and speed in coverage to meet the needs of underserved niches.
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Headcount trend
Next Insurance went from 537 employees in Oct 2024 to 442 in Sep 2026. Apr to Sep 2026: 4 people joined, 14 left.
Org structure
Headcount by department
Salaries at Next Insurance
All salaries18 salary profiles in the US
Most reported roles
H-1B sponsorship
The department split adds up all the years listed above. FY2026 alone: 5 filings.
Peer reviews
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Hiring now
Base Salary:
$77k - $104k
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$60k - $70k
Base Salary:
$158k - $214k
Base Salary:
$70k - $95k
Base Salary:
$46k - $50k
Base Salary:
$70k - $80k
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Next Insurance FAQ
How many employees does Next Insurance have?
Next Insurance has about 442 employees, down 0.7% over the 3 months to Sep 2026.
Does Next Insurance sponsor H1B visas?
Yes. Next Insurance filed 5 H1B (LCA) applications in FY2026, according to the latest U.S. Department of Labor disclosures. Most of them were for Engineering roles.
What is Next Insurance's revenue per employee?
Next Insurance makes about $1.24M in revenue per employee, based on $548M annual revenue and 442 employees.
How much does Next Insurance pay?
6figr has 18 salary profiles for Next Insurance in the US, with pay broken down by role, level, gender and ethnicity on the Next Insurance salaries page. See Next Insurance salaries
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.