Next nets further investment as $4bn-valued InsurTech eyes global expansion
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Next nets further investment as $4bn-valued InsurTech eyes global expansion

Marcel Le Gouais
21 July 2021
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A subsidiary of MS&AD Insurance Group has invested in Next Insurance just four months after a $250mn Series D funding round brought the US InsurTech’s valuation up to $4bn.

Mitsui Sumitomo Insurance (MSI), a subsidiary of the Japanese group, said its investment in the small business insurer would help gain insight into Next’s strategy in serving company owners across 1,300 industries including accountancy, contracting, restaurants and retail.

MS&AD

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News InsurTech
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Marcel Le Gouais
Deputy Editor
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