Company Details

  NEXT INSURANCE US COMPANY License Status :
Active

NAIC Number :

16285


Phone Number:

302-310-1683


Company Address:

975 CALIFORNIA AVE 
PALO ALTO, CA  94304

Description:

Property and Casualty


License Number:

B431835


Date Admitted:

2018-11-09


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2021 Total Property & Casualty 0.01% $2,656,436 $1,572,018 $667,650 $1,450,136 92.25 %
2021 Total Fire & Allied Lines 0.01% $183,520 $82,722 $175,000 $226,670 N/A
2021 Commercial Fire & Allied Lines 0.03% $183,520 $82,722 $175,000 $226,670 N/A
2021 Other Liability - Bodily Injury & Property Damage 0.11% $2,399,897 $1,483,705 $492,650 $1,221,713 82.34 %
2021 Total Commercial Automobile 0.00% $73,019 $5,591 $0 $1,753 31.35 %
2021 Commercial Auto Liability Bodily Injury 0.00% $22,580 $1,734 $0 $834 48.10 %
2021 Commercial Auto Liability Property Damage 0.01% $22,580 $1,734 $0 $834 48.10 %
2021 Commercial Auto Medical Payments 0.00% $614 $46 $0 $0 0.00 %
2021 Commercial Auto Uninsured Motorists 0.00% $2,295 $164 $0 $85 51.83 %
2021 Commercial Auto Comprehensive 0.00% $9,867 $756 $0 $0 0.00 %
2021 Commercial Auto Collision 0.00% $15,083 $1,157 $0 $0 0.00 %
2020 Total Property & Casualty 0.00% $694,306 $231,067 $12,647 $147,881 64.00 %
2020 Other Liability - Bodily Injury & Property Damage 0.04% $694,306 $231,067 $12,647 $147,881 64.00 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

This company does not have any complaint information.

Link to Complaint Index Page

Company Changes

Effective Date: 11/09/2018

Comments: Effective 11/9/2018 this company was admitted with B1 property, B2 liability, B3 fidelity and surety and B5 miscellaneous authority.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.