Next Insurance Matches Lemonade for Largest US Tech Seed Round Since Start of 2015

Almost 40% of sole proprietorships in the US don’t carry small commercial insurance coverage, according to a recent McKinsey poll. Today, a spate of insurance tech startups are hoping to capture opportunity in the small business insurance space, offering services ranging from quote engines (Insureon) to digital wallets for managing policies and rates (Coverwallet) to free claims management and peer-comparison software (Embroker).