Acquisition History / Munich Re (ERGO Group) / Next Insurance

Munich Re (ERGO Group) Acquires Next Insurance

Announced March 20, 2025 — $2.60B

Munich Re (ERGO Group)Digital small business insurance2025

What happened

Next Insurance is an Israeli-founded digital insurer for US small businesses. Munich Re agreed to acquire it at a US$2.6B valuation, making it part of its ERGO Group.

Acquirer
Munich Re (ERGO Group)
Target
Next Insurance
Announced
March 20, 2025
Price
$2.60B
Industry
Digital small business insurance
Buyer type
Strategic acquirer
Status
Announced, not yet closed

By the numbers

Munich Re (ERGO Group)'s acquisition history
1st of 1 tracked deals
Disclosed prices
1 of 1 Munich Re (ERGO Group) deals
Munich Re (ERGO Group)'s average disclosed price
$2.60B
Munich Re (ERGO Group)'s largest disclosed deal
Next Insurance ($2.60B)
Tracked acquisitions in 2025
503 across all acquirers
Munich Re (ERGO Group) in Digital small business insurance
1 acquisition

Frequently Asked Questions About This Acquisition

When did Munich Re (ERGO Group) acquire Next Insurance?

Munich Re (ERGO Group) acquired Next Insurance on March 20, 2025. This was Munich Re (ERGO Group)'s 1st publicly tracked acquisition out of 1 we have on record.

How much did Munich Re (ERGO Group) pay for Next Insurance?

Munich Re (ERGO Group) paid $2.60B for Next Insurance.

What does Next Insurance do?

Next Insurance is an Israeli-founded digital insurer for US small businesses. Munich Re agreed to acquire it at a US$2.6B valuation, making it part of its ERGO Group.

What other Digital small business insurance companies has Munich Re (ERGO Group) acquired?

Next Insurance is Munich Re (ERGO Group)'s only publicly tracked acquisition in Digital small business insurance so far.

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