Next Insurance News

Next Insurance Funding Hits $881M After Latest $250M Round

Next Insurance raised $250 million in new venture financing – a major cash infusion after a year of acquisitions and other actions to further growth. FinTLV Ventures and Battery Ventures led the Series E financing round. CapitalG, Group 11, Zeev …

Next Insurance Targets Businesses That Sell and Buy on Amazon

In partnership with Amazon, digital small business insurer Next Insurance is offering insurance to businesses that are buyers or sellers on the popular Amazon e-commerce site. The insurer is targeting members of Amazon Business Prime that use Amazon as their …

Next Insurance to Acquire Affinity Agency AP Intego

Digital commercial insurance company Next Insurance has agreed to acquire AP Intego, a Massachusetts-based digital insurance agency providing small commercial insurance products. Through its platform, AP Intego offers property/casualty insurance including pay-as-you-go workers’ compensation to the small business customers of …

Next Insurance Buys Data Firm Juniper Labs to Enhance Workers’ Compensation Offering

Digital small business insurer Next Insurance has closed its first acquisition, buying Juniper Labs, a Denver-based provider of data and underwriting technology. With the acquisition, Next said it will focus on innovation in workers’ compensation and general liability product offerings …

Next Insurance Expands Workers’ Compensation to 24 Additional States

Next Insurance, a digital insurtech company focused on small business insurance, has expanded its workers’ compensation offering to 24 additional states, bringing the total number of states it offers coverage in to 30. The additional states include: Alaska, Arizona, Arkansas, …

Next Insurance Adds 24 States to Its Workers’ Compensation Market Map

Next Insurance has expanded its workers’ compensation offering into 24 additional states, including Arizona, Connecticut, South Carolina, Indiana and Virginia. The digital small business insurer said that the coverage is now available in 30 states overall, increasing its workers compensation …

Next Insurance Attracts $250M in New Financing; Its $631M to Date Beats Lemonade

Next Insurance secured another $250 million in financing designed to fuel continued national expansion of its digital small business insurance offerings. CapitalG, Alphabet/Google’s independent growth fund, led the Series D round. But existing investor Munich Re Group also participated in …

Next Funding Round for Next Insurance May Double Insurtech’s Valuation to $2.25 Billion

Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about $2.25 billion, according to people familiar with the matter. Alphabet Inc.’s CapitalG is in talks to lead the roughly $250 …

GEICO, Farmers, Liberty Mutual Join Insurers Giving Breaks to Drivers, Businesses

More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus crisis. Auto insurer GEICO said it will give back approximately $2.5 billion in the form of a 15 percent credit …

Next Insurance Cuts April Premium by 25% to Help Small Firms in Coronavirus Crisis

An insurtech small business insurer is cutting April premiums by 25% for its customers with general liability, professional liability and commercial auto policies to help them get through the coronavirus crisis. Next’s founder and CEO Guy Goldstein said he is …