INSU Acquisition Corp. II (INAQ) to Combine with Metromile in $956M Deal

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INSU Acquisition Corp. II (INAQ) to Combine with Metromile in $956M Deal

INSU Acquisition Corp. II (NASDAQ:INAQ) announced this morning it has entered into a definitive business combination agreement with digital insurance provider Metromile that gives it an enterprise value of $956 million. Metromile offers auto insurance based on mileage in real-time intended to lower costs for low-mileage drivers. Upon closing in 1Q-2021, the combined entity is
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