The investment round brings Next Insurance’s total funding to $381 million in just over three years, with a valuation of over $1 billion. US insurtech Reuters is to embark on product development and customer expansion initiatives after securing $250 million in funding from Israelis reinsurer Munich Re. Next Insurance offers digital products to small California firms, including general and professional liability, commercial motor and workers’ compensation.
US insurtech Reuters is to embark on product development and customer expansion initiatives after securing $250 million in funding from Israelis reinsurer Munich Re. Next Insurance offers digital products to small California firms, including general and professional liability, commercial motor and workers’ compensation.