PALO ALTO, Calif., March 9, 2022 /PRNewswire/ — NEXT Insurancea leading digital insurtech company transforming small business insurance, today announced the appointment of Jennifer Lawrence as the company’s first general counsel. In this role, Lawrence will leverage his unique experience in both the public and private sectors to help NEXT effectively manage risk as the business continues to grow and expand to cover more businesses.
Lawrence joins NEXT after four years as General Counsel and General Counsel at Noblr, a personal auto insurance company recently acquired by USAA, where she built and oversaw the company’s legal, regulatory and government affairs teams. Prior to Noblr, she was General Counsel for the PURE Group of Insurance Companiesand also OneBeacon Insurance Groupwhere she helped guide the company through its IPO.
“Jennifer is passionate about creating a stronger relationship between the client and their insurance company in order to help entrepreneurs thrive,” noted Guy Goldstein, CEO and co-founder of NEXT. “Her deep expertise in insurance and government policy makes her a uniquely qualified leader to help NEXT scale our business and pursue our goal of becoming the premier insurance provider for small businesses in the world. we“
Lawrence is an active supporter of women in leadership. She is a founding member of the Boston leader’s chapter, a membership organization focused on connecting and supporting women leaders. At Noblr, she was the founder and executive sponsor of Women in Steering group aimed at creating an equal representation of men and women at all levels of the company. Her passion for educating women in insurance and insurtech is particularly important because McKinsey found that while insurance does relatively well for female representation at the entry level (57%), it drops dramatically to just 18% of the SVP level.
“I am thrilled to join NEXT’s diverse leadership team. Its incredible growth shows that small businesses have been underserved by traditional insurance companies, and there is a real opportunity for businesses to better understand the complexity of their businesses and provide more affordable solutions,” Lawrence mentioned. “My true passion is for the insured. NEXT is committed to changing the narrative around insurance and making the experience smarter and easier for small businesses, and I’m thrilled to be part of the team. that turns this vision into reality.”
In addition to his work for insurance companies, Lawrence has experience serving the public. She was assistant secretary to the cabinet of the former governor of the Commonwealth of Massachusettswhere she oversaw agencies, including the Insurance Division, Banking Division and the Office of International Trade and Investment.
Lawrence has served on several boards in the financial services industry, including property and casualty insurance companies. Jennifer has a BA from Colombia University and holds a JD of Boston University School of Law and an MBA from Boston University School of Management.
She is the latest woman to join NEXT’s growing leadership team. Financial director Theodora Gouneva joined the company in January after another year of milestones for the 6-year-old company: NEXT tripled its gross written premium last year – reaching a $650 million run rate – and kicked off 2022 with the launch of a new mobile app.
On NEXT Insurance:
NEXT Insurance transforms small business insurance with simple, digital and affordable coverage tailored to the self-employed. Trusted by 300,000 business owners, NEXT offers easy-to-purchase policies in 10 minutes or less and provides 24/7 access to Online Insurance Certificates, additional insured, and more, at no additional cost. Revolutionizing a historically complicated insurance industry, NEXT uses AI and machine learning to simplify the buying process and provide more affordable coverage. Founded in 2016, the company is based in Palo Altoreceived a total of $881 million in venture capital financing, is rated “A- Excellent” by AM Best and was recognized by Forbes Fintech 50, Best Run Companies in Inc.and Forbes Top Startup Employers. For more information, visit NEXTInsurance.com. Stay up to date with the latest news with NEXT on Twitter, LinkedIn, Facebook and our Blog.
Corporate Communications Manager
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