Next Insurance, The Israeli insurtech company transforming small business insurance, has raised $250 million in Series D financing led by CapitalG, Alphabet’s independent growth fund, with participation from FinTLV, a global leading insurtech VC, and existing investor Munich RE. CapitalG Partner Sumiran Das will join the Next Insurance Board of Directors. Next Insurance has now raised $631 million to bring simple, affordable, and tailored insurance products to the American economy’s most important growth engine: small businesses and the self-employed. Next Insurance’s technology-first approach drives down costs by up to 30 percent when compared to traditional policies. Other examples of Next…