Browsing: NEXT Insurance

Munich Re has announced a definitive agreement to fully acquire NEXT Insurance, a US-based small business insurer, in a deal valued at $2.6 billion. The transaction is expected to close in the third quarter of 2025.

German insurer ERGO expands into the U.S. market by acquiring small business insurer Next Insurance.

German insurance giant ERGO Group has acquired Israeli-founded NEXT Insurance in a $2.6 billion all-cash deal, marking ERGO’s entry into the US insurance market.

Munich Re announced it will acquire Next Insurance, a digital insurance company, for $2.6 billion.

Munich Re is set to acquire Next Insurance, aiming to tap into significant growth opportunities in the insurance sector.

The acquisition will see the digital insurer become part of Munich Re’s ERGO Group, expanding its presence in the U.S. small business insurance market.

Investopedia’s research identifies The Hartford as the top choice for small business insurance, considering customer satisfaction, financial stability, and coverage options.

Investopedia reviewed 15 companies to identify the best general liability insurance providers for small businesses, considering factors such as customer complaints, financial strength, and coverage limits.