Next Insurance raises $250mn at $4bn valuation
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Next Insurance raises $250mn at $4bn valuation


Next Insurance has raised $250mn in equity capital in a FinTLV Ventures and Battery Ventures-led investment round that doubles the start-up’s valuation to $4bn.

The deal follows the InsurTech’s agreement tobuy Bill Berkley and VJ Dowling-backed digital agency AP Intego, which will double the business’s gross written premium to around $400mn and add new forms of distribution through business software tie-ups.


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