Next Insurance, also called NEXT, is a digital-first insurtech founded in 2016 by Alon Huri, Nissim Tapiro, and Guy Goldstein, with Guy Goldstein now serving as CEO. The company officially launched in 2017 and focuses on small businesses and the self-employed, providing fast, tailored insurance solutions.
It uses AI and machine learning to streamline quotes, underwriting, policy issuance, claims, and support. Next serves more than 600,000 customers across over 1,300 professions.
As of early 2025, the company generated approximately $550 million in revenue and employs around 700 people. In the first quarter of 2025, Munich Re, through its Ergo subsidiary, acquired the remaining 71% of Next that it did not already own, valuing the company at about $2.6 billion. The acquisition is expected to close in the third quarter of 2025.
Investors include Allianz, Alphabet, American Express, Redpoint Ventures, Battery Ventures, Group 11, and FinTLV.
Overview about Next Insurance?
Its a completely digital, if you ask for a quote it will be sent to you in just 5 minutes. The co-founder and CEO Guy Goldstein played
down the likelihood of its going to public. Start-up is focused more on growing the business right now.
The rating of Next Insurance is an A which is excellent and its 100% online. NEXT is rated
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