Next Insurance and Gusto expand partnership
Next Insurance announced its expanded partnership with Gusto Embedded, Gusto’s payroll API solution that allows third parties to offer payroll services to their users.
The partnership will exclusively offer Next’s pay-as-you-go workers’ compensation to the small business customers of Gusto Embedded partners through Next Connect. Small business owners can get a quote “within minutes” and sign up for a pay-as-you-go workers’ compensation policy without leaving the third-party SaaS platforms.
Some companies that offer Gusto’s payroll solution include mobile invoicing platform Invoice2Go and business banking startup Novo.
“NEXT and Gusto Embedded unite under the shared goal of supporting small businesses across the U.S. with the tools they need to simplify two of the most complex functions they’ll face at work: insurance and payroll. Offering this digital embedded payroll experience together with Gusto allows us to streamline this process, making it easier and more convenient for small business owners to stay compliant and protect themselves, all from the partners they trust most.” – Eran Liron, chief strategy officer at NEXT Insurance.
“Allowing small businesses to access reliable payroll and pay-as-you-go workers’ comp products embedded in the software solutions they use already saves them time, reduces errors, and gives them peace of mind. The expanded solution with NEXT allows our partners to offer small businesses workers’ compensation seamlessly and quickly, while also advancing our goal of helping businesses create great places to work and helping our partners grow revenue.” – Yi Liu, general manager of Gusto Embedded.