Next Insurance founders Nissim Tapiro Guy Goldstein Alon Huri source PR
In a turnaround, Israeli insurance company Next Insurance, which happens to be a unicorn, raised $265 million in a strategic investment from Allstate and Allianz X, bringing its total investment to $1.1 billion. This comes just a year after the firm was forced to make layoffs. Meanwhile, Israeli analytics capabilities service provider Webiscope was acquired by fellow Israeli firm Innocom, the product distribution company from the Aman Group. The purchase price was not disclosed.
Founded in 2004, InnoCom calls itself a Value Added Distributor- the Israeli representative of IT companies and a promoter of innovative technologies for the Israeli IT market, focusing on advanced solutions for the communications and information security fields. Since its establishment, InnoCom has partnered with providers and local partners in many successful implementations of new IT technologies.
Founded in 2013 by CEO Sharon Priel and VP of Technology Yaniv Levy, Webiscope helps companies enable end-to-end monitoring and analytics capabilities
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“We were looking for a strategic partner who would expand the company’s approach to the local and international enterprise market and help us advance the company to the next stage in its business development,” said Sharon PFriel, CEO of Webiscope. “Combining forces with Innocom from the Aman group creates a powerful synergy that will be reflected in the combination of solutions offered by Webiscope together with the size and industry connections of the Aman group.”
Founded in 2016 by CEO Guy Goldstein, Chief Growth Research Officer Alon Huri, and CTO Nisim Tapiro, Next Insurance says that it was created to give your business the coverage it deserves. Simple, affordable and tailored. “No no matter what you do, no matter how you define success, we’re right there, next to you. 100% dedicated to the self-employed, 100% how insurance should be.”
“We founded NEXT because we saw an opportunity to help millions of small and microbusinesses across the U.S. and made it our mission to help entrepreneurs thrive,” said Guy Goldstein, CEO and co-founder of NEXT Insurance. “Building on our existing support, we are excited to welcome Allianz X and Allstate as investors, deepen our reinsurance relationship with Allianz Re, and foster a meaningful partnership with Allstate to offer millions of their customers our one-stop-shop small business insurance offering.”
