Next Insurance approaches 750,000 customers

ERGO Next Insurance announced it has earned an A+ Superior rating and an AA Superior long-term rating from AM Best while approaching 750,000 small business customers nationwide.

These achievements come on the heels of Next’s full acquisition by ERGO Group AG, the primary insurance arm of Munich Re, in March 2025.

Next supports over 1,300 professions and has seen “rapid growth” across key markets, including professional services, hospitality, retail and construction.

“Achieving an A+ rating from AM Best is a landmark moment for our team and the entrepreneurs we serve. This recognition validates the strength of our model and gives small business owners confidence that their coverage is backed by one of the most trusted authorities in the industry.” – Teodora Gouneva, Chief Financial Officer of NEXT.

“Small businesses are the backbone of the economy, and NEXT is proud to support nearly 750,000 entrepreneurs. Our mission has always been to make insurance simple and affordable so business owners can focus on running their companies with confidence. This milestone reflects the trust they place in our expertise and technology, and it inspires us to keep innovating.” – Tim McDermott, director of insurance product management at NEXT.