NewswireToday - /newswire/ -
Phoenix, AZ, United States, 2009/08/11 - Next Generation Insurance Group, LLC and AfterCollege, announced a strategic partnership aimed at delivering insurance options to America’s largest uninsured population – young adults - AfterCollege.com / NextGenins.com.
Next Generation Insurance Group, LLC, founder of GradGuard.com, the leading insurance resource for new college graduates, and AfterCollege, Inc., the nation’s largest provider of online career networks for college students and recent graduates, today announced a strategic partnership aimed at delivering insurance options to America’s largest uninsured population – young adults.
According to recent research conducted by AfterCollege, 78% of 2009 graduates are having a difficult time finding a job, leaving employer-sponsored group health insurance on hold for the majority of recent graduates. According to the Commonwealth Fund and U.S. Census Data, 13.2 million Americans between the ages of 19 and 29 are already uninsured, making this group the nation’s largest uninsured demographic.
The partnership between AfterCollege and Next Generation Insurance Group (NGI Group) will connect AfterCollege’s large membership base of recent graduates with NGI‘s specialty insurance products (nextgenins.com), including short-term medical insurance, which helps bridge the gap between graduation and employer-sponsored health insurance.
“Our research revealed how difficult the job search has been for recent graduates in this tough economy,” said AfterCollege Founder & CEO, Robert Angulo. “GradGuard.com offers the ‘right-fit’ insurance products for our audience and we’re hopeful that their products will help of members during their transition to life after college.”
“The prolonged job search of this year’s recent graduates increases the likelihood that many recent graduates will join the growing number of young adults who don’t carry health insurance,” said John Fees, co-founder and CEO of Next Generation Insurance Group. “We are pleased to work with AfterCollege to fulfill the diverse needs of new graduates and commend them for helping new graduates discover the many affordable insurance options that are available through GradGuard.com”
The collaboration between AfterCollege (aftercollege.com) and Next Generation Insurance Group will include a full suite of insurance products available online, including health insurance, renters insurance, travel insurance, and short-term medical insurance.