Next Insurance / Juniper Labs 2020
Next Insurance acquired Juniper Labs on December 11, 2020.
- Target
- Juniper Labs
- Acquirer
- Next Insurance
- Announced
- December 11, 2020
- Sub-sector
- Insurtech
Transaction overview
- Next Insurance announced the acquisition of Juniper Labs on December 11, 2020.
Strategic rationale
Acquire data analytics and machine learning capabilities to enhance underwriting accuracy and automate risk assessment for small business insurance.
Deal terms & multiples
Sources
- businessinsider.com /next-insurance-acquires-juniper-labs-to-help-improve-underwriting-2020-12