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Metromile to Combine With INSU Acquisition Corp. II, a Special Purpose Acquisition Company

February 10, 2021

Cooley advised digital insurance platform and pay-per-mile auto insurer Metromile on its agreement to combine with INSU Acquisition Corp. II, a publicly traded special purpose acquisition company or SPAC. The combined company will remain publicly listed on Nasdaq and have an implied estimated market capitalization of $1.3 billion, with the closing expected in Q1 2021. Partners Garth Osterman and Rachel Proffitt led the Cooley team advising Metromile on the transaction.

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Garth Angelo Osterman
Partner, San Francisco
Rachel Proffitt
Partner and Chief Executive Officer, San Francisco
Ajay Athavale
Associate, San Francisco
Rachel M. Burns
Special Counsel, San Francisco
Sharon Connaughton
Special Counsel, Washington, DC
Caitlin Courtney
Partner, Palo Alto
Ross Eberly
Partner, Los Angeles Santa Monica
Alexander Ellebracht
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Andrew Epstein
Special Counsel, Seattle
TJ Graham
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Christopher Kimball
Partner, Washington, DC
Matt Kong
Associate, San Francisco
Dillon Martinson
Special Counsel, Washington, DC
Joshua Mates
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Howard Morse
Partner, Washington, DC
Alessandra Murata
Partner, Palo Alto
Zander Olsson
Associate, San Francisco
Sangitha Palaniappa
Associate, Palo Alto
Daniel Paramés
Partner, San Francisco
Michelle Peleg
Associate, San Francisco
Megan Drill
Associate, San Diego
Jason Savich
Partner, San Francisco
Patrick Sharma
Associate, Los Angeles Santa Monica
Karen Tsai
Special Counsel, Washington, DC
Mark Windfeld-Hansen
Senior Counsel, Palo Alto
Michael Suyat
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