Munich Re invests $29m in SME insurtech start-up

Next Insurance, the Californian online insurance startup that targets small to medium-sized businesses, has raised $29m in a Series A round of funding led by Munich Re/HSB Ventures, Markel and Nationwide, with participation from other existing investors. Founded out of Palo Alto in 2016, Next Insurance is the latest in a line of insurance tech startups to attract VC funding…

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