Tag: Small Biz Insurance

Next Insurance Secures $265 Million Investment for Small Biz Insurance, Deepens Allstate and Allianz Partnerships

Nov 3, 2023

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by

Reia Leen Delantar

in Finance

This substantial capital injection brings Next Insurance’s total funding to over $1.1 billion since its establishment in 2016. Next Insurance, a Palo Alto-based startup specializing in small biz insurance products, has secured a substantial $265 million strategic investment from insurance industry heavyweights, Allstate, and Allianz’s investment arm, Allianz X This financial agreement not only signifies…