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Synopsis
Venture capital firms CapitalG, and FinTLV led a $250m Series D round in Next Insurance, a digital insurtech company. Existing investor Munich RE Group also joined the round. "We aspire to help businesses thrive by delivering phenomenal insurance products and experience. Insurance is a market primed for a new approach - one that believes it is a social good and cares for its customers. We believe we have the right team, the right approach and the right products to enable us to lead the shift in this industry, and we are excited to have CapitalG joining the ride," Guy Goldstein, Next Insurance Co-Founder and CEO.
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