Markel partners with Next to target small businesses

Markel Corporation has partnered with Next Insurance, a California-based online insurance start-up, to insure commercial small businesses.

The move comes after Munich Re partnered with Next on a new product targeting commercial photographers in December 2016.

Trent Cooksley, head of open innovation at Markel Corporation, said: "We believe providing more specific and focused insurance offerings to small business owners - like personal trainers - through Next Insurance will advance our overall industry."

"This is our first partnership product with Next and we are excited about Next's expertise and encouraged by the significant growth we've seen since our launch together."

Guy Goldstein, CEO and co-founder of Next Insurance, said: "We have seen our personal trainer insurance sales grow by double-digits every month, and expect to see this growth expand with the support of Markel.

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