NEXT Insurance coverage Appoints Insurance coverage Veteran Jennifer Lawrence As First Common Counsel – InsuranceNewsNet

Insurance

NEXT Insurance coverage Appoints Insurance coverage Veteran Jennifer Lawrence As First Common Counsel – InsuranceNewsNet

Spam

March 12, 2022

NEXT Insurance coverage Appoints Insurance coverage Veteran Jennifer Lawrence As First Common Counsel – InsuranceNewsNet

[ad_1]

PALO ALTO, Calif., March 9, 2022 /PRNewswire/ — NEXT Insurance coverage, a number one digital insurtech firm remodeling small enterprise insurance coverage, at present introduced the appointment of Jennifer Lawrence as the corporate’s first Common Counsel. On this function, Lawrence will leverage her distinctive expertise in the private and non-private sectors to assist NEXT successfully handle danger as the corporate continues to develop and increase to cowl extra companies.

Lawrence joins NEXT after 4 years as Chief Authorized Officer and Common Counsel at Noblr, a private auto insurtech not too long ago acquired by USAA, the place she created and oversaw the corporate’s authorized, regulatory and authorities affairs groups. Earlier than Noblr, she was Common Counsel for the PURE Group of Insurance coverage Firms, and likewise OneBeacon Insurance coverage Group, the place she helped information the corporate by way of its IPO.

“Jennifer is enthusiastic about making a stronger relationship between the shopper and their insurance coverage firm so as to assist entrepreneurs thrive ,” stated Man Goldstein, CEO and co-founder of NEXT. “Her deep experience in insurance coverage and authorities coverage makes her a uniquely certified chief to assist NEXT scale our enterprise and proceed our purpose of changing into the primary small enterprise insurance coverage supplier within the U.S.“

Lawrence is an lively supporter of ladies in management. She is a founding member of the Boston chapter of Chief, a membership group targeted on connecting and supporting ladies govt leaders. At Noblr, she was the founder and Government Sponsor of the Girls in Management Group aimed toward creating equal illustration of women and men throughout all ranges on the firm. Her ardour for nurturing ladies in insurance coverage and insurtech corporations is especially vital, as McKinsey discovered that whereas insurance coverage fares comparatively effectively for feminine illustration on the entry stage (57 %), it drops considerably to simply 18 % of the SVP stage.

“I’m so excited to hitch NEXT’s various management crew. Its unimaginable development exhibits that small companies have been underserved by conventional insurance coverage carriers, and there’s actual alternative for corporations to higher perceive the complexities of their companies and supply higher reasonably priced options,” Lawrence stated. “My actual ardour is for the policyholder. NEXT is dedicated to altering the narrative round insurance coverage and making the expertise smarter and simpler for small companies, and I am thrilled to be a part of the crew making that imaginative and prescient into actuality.”

Along with her work for insurance coverage corporations, Lawrence has expertise serving the general public. She served as an Assistant Cupboard Secretary to the previous Governor of the Commonwealth of Massachusetts, the place she oversaw businesses together with the Division of Insurance coverage, Division of Banks and the Workplace of Worldwide Commerce and Funding.

Lawrence has served on a number of Boards of Administrators within the monetary companies trade together with property casualty insurance coverage corporations. Jennifer has a B.A. from Columbia College and holds a J.D. from Boston College College of Legislation and an M.B.A. from Boston College College of Administration.

She is the most recent lady to hitch NEXT’s rising management crew. Chief Monetary Officer Teodora Gounevajoined the corporate in January after one other 12 months of milestones for the 6-year-old firm: NEXT tripled its gross written premium final 12 months – reaching a $650 million run charge – and kicked off 2022 with the launch of a brand new cellular app.

About NEXT Insurance coverage:
NEXT Insurance coverage is remodeling small enterprise insurance coverage with easy, digital and reasonably priced protection tailor-made to the self-employed. Trusted by 300K enterprise house owners, NEXT gives insurance policies which are simple to purchase in 10 minutes or much less and supplies 24/7 entry to Stay Certificates of Insurance coverage, Extra Insured, and extra, with no further charges. Revolutionizing a traditionally sophisticated insurance coverage trade, NEXT makes use of AI and machine studying to simplify the buying course of and supply extra reasonably priced protection. Based in 2016, the corporate is headquartered in Palo Alto, has acquired a complete of $881 million in enterprise capital funding, is rated “A- Wonderful” by AM Greatest and has been acknowledged by Forbes Fintech 50, Inc.’s Greatest-Led Firms, and Forbes Greatest StartUp Employers. For extra info go to NEXTInsurance.com. Keep updated on the most recent with NEXT on Twitter, LinkedIn, Fb and our weblog.