Munich Re’s Ergo to acquire InsurTech Next in $2.6bn deal
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Munich Re’s Ergo to acquire InsurTech Next in $2.6bn deal

Ahead of the deal, Ergo owned a 29% stake in Next, which generated top line of $548mn last year.

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Munich Re’s primary arm Ergo has struck a deal to acquire Next Insurance in a bid to expand across the US SME sector, valuing the Californian InsurTech at $2.6bn.

Based

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