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Top 50 Insurance Technology
Discover the top 50 Insurance Technology startups. Browse funding data, key metrics, and company insights. Average funding: $44.5M.
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Igloo
Igloo operates a full-stack insurance technology platform that utilizes artificial intelligence and big data for real-time risk assessment and automated claims management. The platform addresses the lack of accessible and affordable insurance options in Southeast Asia by enabling businesses to create tailored insurance products that enhance customer engagement and streamline operations.
Funding: $50M+
Rough estimate of the amount of funding raised
INARI.IO
The startup develops a cloud-based insurance technology platform that enhances operational efficiency and data accuracy for insurance professionals. By automating data input processes, the platform minimizes manual errors and supports scalable, secure, and compliant operations.
Funding: $5M+
Rough estimate of the amount of funding raised
PasarPolis
The startup operates an insurance technology platform that provides an online portal for affordable insurance plans tailored to emerging consumers. By offering protection options for health, vehicles, property, personal accidents, life, and travel, the platform enhances accessibility to essential insurance coverage.
Funding: $50M+
Rough estimate of the amount of funding raised
bsurance
The startup develops a cloud-based insurance technology platform that provides tailored insurance products for businesses across various sectors, including energy, electronics, and telecommunications. By embedding these solutions directly into clients' operations, the platform ensures that companies can access relevant insurance coverage that aligns with their specific commercial activities.
Funding: $5M+
Rough estimate of the amount of funding raised
Peak3
Peak3 provides end-to-end technology solutions for the insurance industry, enabling insurers and digital platforms to streamline operations and enhance customer engagement. The company addresses inefficiencies in insurance processes by offering integrated software that improves data management and operational workflows.
Funding: $20M+
Rough estimate of the amount of funding raised
fitinsur
The startup offers a cloud-based insurance platform that enables insurance companies to configure products, manage customer relationships, and streamline distribution processes. This technology facilitates market expansion and enhances operational efficiency for insurers facing challenges in digital transformation.
Funding: $10M+
Rough estimate of the amount of funding raised
Raincoat
This startup develops a technology platform that connects insurance providers, reinsurers, and end-users through real-time data analytics and automated IT infrastructure to deliver climate insurance solutions. It addresses the financial vulnerability of individuals and businesses affected by natural disasters by providing timely access to coverage and support.
Funding: $10M+
Rough estimate of the amount of funding raised
YOLO
YOLO provides an API‑first insurtech platform that automates the full insurance policy lifecycle—from quotation and underwriting to issuance and claims—while delivering a unified marketplace for carriers, agents, and third‑party partners. The solution offers real‑time data analytics, AI‑driven quoting assistance, and multi‑channel delivery (online, mobile, and physical touchpoints) to enable rapid product onboarding, personalized pricing, and streamlined operations for insurers and their distribution networks.
Funding: $2M+
Rough estimate of the amount of funding raised
bolttech
Bolttech provides a technology-enabled platform that allows businesses to embed tailored insurance products directly into their customer journeys through a single API. This solution addresses the challenge of fragmented insurance distribution by streamlining access to coverage, enhancing customer experience, and optimizing operational efficiency for insurers and agencies.
Funding: $500M+
Rough estimate of the amount of funding raised
Foxquilt
The startup offers an insurance-as-a-service platform that utilizes data analytics and machine learning for underwriting small business insurance. This technology enables enterprises to streamline their insurance processes and reduce costs associated with traditional insurance models.
Funding: $10M+
Rough estimate of the amount of funding raised
Qover
Qover provides a modular embedded insurance orchestration platform that integrates insurance services into existing products, enabling businesses to offer tailored coverage across 32 European countries. This technology simplifies the insurance process, reduces operational costs, and enhances user experience by streamlining claims handling and policy management.
Funding: $50M+
Rough estimate of the amount of funding raised
Further AI
FurtherAI provides AI-driven teammates that automate repetitive tasks in the insurance industry, such as quote generation, policy checking, and renewal follow-ups. This technology enhances operational efficiency by allowing insurance professionals to delegate routine workflows, significantly reducing errors and freeing up time for more complex tasks.
Nimblr Insurance
Nimblr utilizes blockchain technology and artificial intelligence to create a decentralized insurance operating system that streamlines the insurance process, reducing claims processing time to a maximum of two days and cutting shopping time by 35%. This platform addresses the inefficiencies and frustrations of traditional insurance by offering lower premiums, tailored coverage, and a user-friendly experience.
Funding: $1M+
Rough estimate of the amount of funding raised
Bjak
Bjak is developing an insurance comparison platform that utilizes advanced algorithms to aggregate and analyze policy options from various providers. This technology enables users to easily identify the most cost-effective insurance solutions tailored to their specific needs.
XPT Specialty
The startup operates a specialty lines insurance distribution platform that utilizes insurance technology to streamline the distribution process for businesses and corporate clients. By enhancing operational efficiency, the platform enables clients to improve productivity and optimize their insurance management.
Funding: $100M+
Rough estimate of the amount of funding raised
Sypher
The startup offers a digital risk transfer technology platform that connects risk to capital providers through intelligent product design, including modern reinsurance products and services. This platform enhances transparency in coverage design, event detection, and policy execution for individuals and businesses in the insurance sector.
Funding: $5M+
Rough estimate of the amount of funding raised
Bowtie Life Insurance Company
The startup offers a digital insurance platform that replaces traditional paper-based processes and commission structures with a fully online experience. By leveraging technology for enhanced transparency and efficiency, it enables customers to obtain better coverage at reduced costs.
Funding: $50M+
Rough estimate of the amount of funding raised
Trag Seguro Agroclimático
Trag utilizes artificial intelligence and high-resolution data to provide precise, parametric agricultural insurance tailored to individual producers' needs. This technology enhances operational efficiency and transparency in the agricultural insurance market, making coverage more accessible and reducing bureaucratic hurdles.
Funding: $300K+
Rough estimate of the amount of funding raised
Sunday
The startup develops a digital insurance application that utilizes data analytics and machine learning to create tailored insurance products for retail customers. By redesigning the insurance value chain and providing end-to-end solutions, it simplifies the claims process and ensures efficient repair guarantees through its proprietary distribution channels.
Funding: $100M+
Rough estimate of the amount of funding raised
Boost
Boost provides a full-stack digital insurance platform that integrates compliance, capital, and technology into a single API-based solution for insurtechs and embedded insurance providers. This infrastructure enables companies to launch insurance programs quickly and cost-effectively, addressing the lengthy and expensive process of developing insurance offerings from scratch.
Funding: $50M+
Rough estimate of the amount of funding raised
Discovermarket
Discovermarket offers a white-labelled insurance platform featuring an insurance microservice and a product repository, enabling businesses to efficiently launch and manage their own insurance products. This platform provides streamlined access to insurance technology, significantly reducing time-to-market and operational complexity for insurers.
Abacai Group
Abacai is a platform that offers insurance technology services designed to streamline policy management and claims processing through automation and data analytics. The platform addresses inefficiencies in the insurance industry by reducing administrative costs and improving response times for both insurers and policyholders.
MetaMorphoSys Technologies
MetaMorphoSys Technologies develops a digital insurance platform featuring product configurators, underwriting engines, and sales analytics tools to enhance customer acquisition and engagement in the insurance sector. The platform addresses inefficiencies in traditional insurance processes, enabling companies to streamline operations and improve decision-making through data-driven insights.
Funding: $3M+
Rough estimate of the amount of funding raised
Surround Insurance
The startup develops a technology platform that customizes insurance bundles by analyzing individual lifestyle data to create tailored coverage options. This approach addresses the complexity of traditional insurance products, providing users with straightforward and relevant protection against specific risks.
Octamile
Octamile provides a digital insurance management infrastructure that includes APIs for claims automation, customer onboarding, and integrated distribution, enabling non-insurance businesses in Africa to offer embedded insurance products. This technology enhances claims processing efficiency and improves customer experience, addressing the need for streamlined insurance access and financial protection.
Skyline Partners
The startup develops data-driven parametric technology to provide insurance protections for emerging risks in under-protected regions. By leveraging scientific data analysis, the company offers clients fair and accessible insurance solutions tailored to their specific risk profiles.
Funding: $3M+
Rough estimate of the amount of funding raised
Ozoned Digital | InsurTech
Ozoned Digital provides an InsurTech platform that creates end-to-end insurance product ecosystems and plugins for various industries. Their B2B and B2B2C solutions leverage new technologies to enhance efficiency and customer satisfaction within the insurance sector.
Blue Note Entertainment Group
BlueNote utilizes artificial intelligence to enhance risk assessment in the insurance industry through precise targeting, selection, and pricing strategies. This technology addresses inefficiencies in risk management, enabling insurers to optimize their portfolios and improve profitability.
Kayna Innovation
Kayna provides an embedded insurance infrastructure that utilizes unique data to deliver dynamic, real-time policy adjustments for small and medium-sized businesses (SMBs). This technology addresses the issue of underinsurance by ensuring that coverage levels accurately reflect the evolving needs of SMBs, thereby reducing the risk of financial distress from unexpected expenses.
Funding: $1M+
Rough estimate of the amount of funding raised
Rommaana Technologies
Rommaana provides a technology platform that enables businesses to sell and manage insurance through easy API integrations, streamlining onboarding, quoting, and transactions. This solution addresses the complexity and high costs associated with traditional insurance sales processes, allowing companies to quickly implement and enhance customer engagement.
GFP_tech
GFP_tech provides software and SaaS solutions for personal insurance, helping insurers manage policies, claims, and customer data more efficiently. Their platform streamlines operations for health, life, and other personal insurance products.
Zinc Platform
Zinc Platform is developing a digital infrastructure that streamlines the distribution of homeowners insurance through automated data integration and real-time analytics. This technology addresses inefficiencies in the insurance market by enabling faster policy issuance and improved customer engagement.
InsurMedix Inc.
This startup develops an artificial intelligence-based insurance platform that utilizes machine learning for underwriting, policy creation, premium collection, policy matching, and claims processing. It addresses the unmet medical coverage needs of families and patients by providing accessible insurance solutions that facilitate affordable quality medical care.
Funding: $10M+
Rough estimate of the amount of funding raised
Connected Insurance
The startup develops an artificial intelligence-based insurance platform that utilizes event-sourcing technology and real-time data analysis to provide tailored insurance solutions for fleet management. This approach enables businesses to integrate insurance into their services, enhancing their value proposition and creating new revenue streams.
Funding: $500K+
Rough estimate of the amount of funding raised
Kanopi
Kanopi is a modular full-stack insurance platform that enables insurers, MGAs, and brokers to rapidly launch and scale insurance products across various channels while maintaining control over the customer journey. The platform streamlines quoting, underwriting, and policy management through integrated data solutions, significantly reducing time and costs associated with traditional insurance technology.
vitavirtues
Vita Virtues provides a centralized insurance management system that enables insurers and brokers to generate instant, accurate quotations and streamline workflows through customizable forms and tailored proposals. This technology addresses inefficiencies in the insurance quoting process, enhancing customer engagement and operational productivity.
Pentation Analytics
The startup develops an insurance technology platform that utilizes big data implementation and predictive analytics to enhance risk assessment, customer acquisition, and fraud detection in the insurance industry. By integrating advanced analytics across banking, financial services, and capital markets, the platform enables businesses to optimize decision-making and improve operational efficiency.
Funding: $300K+
Rough estimate of the amount of funding raised
Monokera
Monokera provides an open insurance platform that integrates insurers, reinsurers, and assistance companies with digital distribution channels to facilitate the offering of embedded insurance products. This technology enables rapid integration and management of insurance products, addressing the gap between legacy systems and the demand for streamlined digital processes in the insurance market.
Neosurance
Neosurance provides a customer profiling platform that enables insurers and brands to deliver timely, relevant insurance products through mobile devices. This technology addresses the challenge of low insurance adoption by enhancing customer experience and facilitating instant policy access without paperwork.
Funding: $1M+
Rough estimate of the amount of funding raised
Nano i-Tech
Nano i-Tech has developed a B2B insurance platform that utilizes Big Data, AI, and Machine Learning to create highly customizable insurance solutions for physical and digital enterprises. The platform enables companies to integrate tailored insurance products, enhancing their business models and distribution channels in a transparent and accessible manner.
Movinx
Movinx is a digital insurance technology company that utilizes driving and vehicle data to create tailored insurance solutions for automotive companies and mobility providers. By embedding insurance offerings within mobility services, Movinx enhances customer experience and provides scalable protection for users as they navigate various transportation options.
Dais Technology-Acquired by Origami Risk
DAIS Technology offers a no-code platform that enables insurance companies to rapidly create, manage, and distribute digital insurance products using customizable workflows and APIs. This solution addresses the lengthy and complex process of product development in the insurance industry, allowing companies to launch new offerings in weeks instead of years.
Funding: $5M+
Rough estimate of the amount of funding raised
Oola Technologies
The startup develops software that facilitates digital insurance processes through automated underwriting and claims management. This technology enhances operational efficiency for insurers while providing customers with faster policy issuance and claims resolution.
Funding: $300K+
Rough estimate of the amount of funding raised
Équité
Équité employs artificial intelligence to analyze claims data for patterns and anomalies, enabling insurers to detect and prevent insurance fraud and related criminal activities. This technology helps reduce financial losses and enhances operational integrity within the insurance industry.
Insurtic
Insurtic is a no-code platform that utilizes AI-driven analytics to enhance decision-making and optimize workflows for insurance teams, specifically in Claims, Actuarial, and Underwriting functions. By automating processes and providing real-time risk insights, Insurtic reduces errors and improves data transparency, enabling carriers to identify pricing inefficiencies and accelerate revenue growth.
Open Insurtech
Open Insurtech offers an InsurTech platform that integrates financial, insurance, and wellness products through an infrastructure-as-a-service model. The platform streamlines the management of diverse insurance offerings, enabling businesses to improve operational efficiency and enhance customer engagement.
Funding: $100K+
Rough estimate of the amount of funding raised
Martingale
The startup develops insurance technology that provides end-to-end claims management services, including advanced notice of loss, examination, settlement, fraud detection, subrogation, and recovery. This technology enables insurance companies, corporations, and governments to enhance the accuracy and efficiency of their claims processing.
Funding: $5M+
Rough estimate of the amount of funding raised
D4NEXT SPA
This insurance tech platform provides a flexible layer on top of existing core systems, enabling insurers to adapt to changing customer needs and market demands. Their cloud-native framework allows traditional insurers and other stakeholders to more easily adopt new technologies and evolve their digital insurance offerings.
Renegade Insurance - India Desk
Covered by SAGE is an insurance platform that connects skilled professionals with advanced technology to streamline the insurance process. The platform addresses inefficiencies in traditional insurance models by enhancing user experience and improving policy management through data-driven insights.
AMENTECH
Amentech provides digital solutions tailored for the insurance industry, focusing on streamlining the underwriting process and claims reporting through customizable user interfaces and advanced data analytics. The startup enhances operational efficiency for insurers while improving customer satisfaction by facilitating faster service delivery and personalized support.