Registry
Does Next Insurance support Israel?
Yes — Next Insurance has documented support for Israel on record. Every claim below links to its source.
Filed under: Banks & financial companies · Tech companies · Companies that support Israel
Background
Next Insurance appears here as an Israeli-founded insurtech with a real Israeli engineering base in Kfar Saba, not because of any donation — we found none. The company sells almost entirely to American small businesses and its corporate seat is in Palo Alto, so it is easy to read it as a purely US business; the founders, the development centre and the Israeli shareholder base are the substantive Israeli connection. Since the March 2025 agreement with Munich Re's ERGO Group the ultimate owner has been German, which does not remove the Israeli operations but does mean that decisions about future giving or public positions rest with a German parent. We found no public statement by Next Insurance about the war that began on 7 October 2023, and no charitable or in-kind action towards Israeli organisations that meets this site's sourcing standard.
CTech (Calcalist, Mar 2025) Ynetnews (Mar 2025)
Timeline of documented support
Documented support
| Type | Date | Amount | Recipient | Sources |
|---|---|---|---|---|
| Operations in Israel | 2016 | — | State of Israel (employment, taxes, technology ecosystem) Israeli-founded company with an Israeli engineering base: Next Insurance was founded in 2016 by three Israeli entrepreneurs — Guy Goldstein (CEO), Nissim Tapiro and Alon Huri, who had previously worked together at Check Point — to sell small-business insurance online in the United States. The corporate headquarters is in Palo Alto, California, but the company's development centre is in Kfar Saba, Israel, and Israeli business media have consistently described it as an Israeli company since its early funding rounds. The relationship recorded here is economic — Israeli jobs, salaries and taxes — not a donation. | |
| Acquisition | 2025-03-20 | $2,600,000,000 | Munich Re's ERGO Group (buyer); Next Insurance's Israeli founders and shareholders (sellers) In March 2025 the German reinsurer Munich Re, through its ERGO Group, agreed to acquire Next Insurance in an all-cash deal valuing the company at about $2.6 billion — one of the larger exits for an Israeli-founded company that year. Munich Re was already an investor, having put $250 million into the company in October 2019. The buyer is German; the sellers include the Israeli founders and Israeli employee shareholders, and the Kfar Saba development centre was part of what was bought. Recorded here as a transaction affecting an Israeli-founded business, not as a gift to any organisation. |
Frequently asked questions
Did Next Insurance donate money to Israel or Israeli causes?
We have no records of cash donations, but Next Insurance has documented support of other kinds (Operations in Israel, Acquisition). See the records on this page.
Where does this information come from?
Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 3 distinct sources are cited for Next Insurance. Our methodology page explains the full verification process.
Sources & citations
Record last updated: 2026-07-30
- CTech (Calcalist, Mar 2025) calcalistech.com
- Globes (Oct 2019 — Munich Re's earlier $250m investment) en.globes.co.il
- Ynetnews (Mar 2025) ynetnews.com