Top Insurance Tech Companies by Revenue 2026

Boston P&C insurance core systems (policy, billing, claims) taken private by Vista Equity in 2023 for $2.6B; competing with Guidewire for 200+ carrier and MGA cloud modernization.

Bothell insurance agency management platform serving 20,000+ agencies and 1,000+ carriers; Francisco Partners/TPG-backed AMS360 and Sagitta competing with Applied Systems for independent agency technology.

Applied Systems agency management platform for 40,000+ independent insurance agencies with policy, accounting, and carrier integration workflows; competing with Vertafore AMS360 for insurance agency software.

Insurtech with $500M earned premium; AI-powered instant claims, Giveback charity program, and renters/homeowners/car/pet coverage pursuing underwriting profitability on NYSE.

$300M+ ARR Oct 2025 (from $200M Feb 2024); 2,000+ enterprises including 50% Fortune 500; $3B acquisition by Hg May 2024; Gartner Leader 2025 Magic Quadrant for GRC Tools

Insurance AI platform with $1B valuation; fraud detection and claims automation serving 100+ carriers across 25 countries with ML triage for faster payment and fraud prevention.

Compliance automation for SOC 2 and ISO 27001 with AI policy generation; continuous control monitoring for SaaS companies competing with Vanta and Drata for security certification market.

Dominant auto insurance claims platform with $900M revenue; CCC ONE estimating software used by 300 carriers and 26K body shops with AI photo damage assessment.

Cloud-native insurance policy administration platform for carriers and MGAs; API-first architecture enabling faster product launches than Guidewire competing for mid-market insurance core systems.

GRC risk and compliance platform with no-code workflow builder; customizable risk registers, vendor management, and compliance automation for SOC 2, HIPAA, and emerging AI regulation.

$21.2M revenue 2024 (up from $8.2M 2023); $66.5M total funding ($40M Series B Aug 2023); 178 employees; 115+ supported frameworks; customers: Veeva, Fortinet, 3M, Motorola; compliance operations leader

AI visual damage assessment for auto and property insurance; computer vision for instant repair cost estimation from photos enabling straight-through claims processing competing with CCC.

Usage-based auto insurer with telematics driving behavior scoring; smartphone test drive determines premiums for safe drivers competing with Progressive's UBI after post-IPO refocus on profitability.

Compliance automation for SaaS startups achieving SOC 2 and ISO 27001; continuous control monitoring and evidence collection competing with Vanta and Drata for security certification.

Tel Aviv agentless cloud security with SideScanning technology for AWS/Azure/GCP workload visibility; $550M raised at $1.8B valuation serving 1,000+ enterprises competing with Wiz for CSPM and cloud vulnerability management.

Cloud-native insurance core systems platform; microservices policy administration and claims for P&C and L&A carriers replacing legacy mainframe systems with digital-first architecture.

Insurance core systems platform for mid-tier P&C and L&A carriers; CloudInsurer cloud-native policy and claims modernization competing against Guidewire for regional insurers.

New York AI commercial underwriting intelligence auto-researching business risk for insurance carriers; $53M from State Farm/Nationwide Ventures competing with Verisk for commercial lines underwriting data and risk scoring.

Bengaluru compliance automation platform for SOC 2, ISO 27001, and GDPR with automated evidence collection; $7.5M raised serving 300+ tech companies competing with Vanta and Drata for certification acceleration.

Tel Aviv AI-native compliance automation at $55M Series B 2024 with 3x ARR growth serving Snowflake, Coinbase, and SoFi; continuous evidence collection from 200+ integrations competing with Vanta and Drata for enterprise GRC automation.

NYSE-listed (AIG) global commercial insurance and specialty lines in 200+ countries; post-2008 crisis restructured to commercial P&C and specialty focus competing with Chubb for multinational corporate insurance.

AI geospatial property analytics using aerial imagery for roof condition and risk assessment; $93M raised serving insurance carriers and mortgage lenders competing with Verisk and EagleView.

New York global insurance (NYSE: MET) at $70.986B 2024 revenue; PineBridge $1.2B acquisition ($100B AUM, Dec 2024) and Mesirow ($6B) expanding MetLife Investment Management under "New Frontier" strategy competing with Prudential.

SF continuous compliance automation for SOC 2, ISO 27001, and HIPAA with real-time control monitoring; competing with Vanta and Drata for startup and enterprise security certification automation platform.

Acquired by Applied Systems Sept 2025; $43.2M funding; £94.8M valuation; 132 employees; AI risk assessment for commercial insurers; Vāyuh/Smarty partnerships; explainable AI leader

Financial services company with $60B revenue and $1.3T AUM; PGIM institutional asset management and pension risk transfer alongside individual life insurance and international operations.

$103M funding ($5M 2023 State Farm); profitable 2023; 4.3M claims/year; $15.3B indemnity processed; 15 of top 20 US P&C insurers; CNBC Top Fintech 2025; claims management leader

$23.4M funding ($8.5M July 2024 BAMCAP); $32M valuation; $5M ARR 2024 (double target 18-24mo); 46 employees; 100% clean audits; SOC2/ISO27001 compliance leader

Largest US health insurance system covering 115 million Americans through 36 independent regional plans; BlueCard national network with employer, Medicare, and Medicaid products.

Global insurance and investment management leader with operations in 50+ countries

Frankfurt-listed (ETR: ALV) global insurer and asset manager serving 100M+ customers with PIMCO's $1.8T+ fixed income AUM; €161B total revenues competing with AXA and Zurich Insurance for global property, life, and institutional investment management.

AAA motor club auto insurance for 60M+ AAA members bundling roadside assistance with personal auto coverage; non-profit regional club structure competing with Geico and Progressive on member loyalty.

Largest US health insurer with $372B revenue insuring 50M Americans; UnitedHealthcare insurance plus Optum pharmacy and care delivery navigating CEO murder, cyberattack, and claims denial scrutiny.

CVS Health (CVS) subsidiary health insurer with 39M+ members; $69B acquisition integrating insurance with CVS pharmacies and MinuteClinic for care coordination competing with UnitedHealth in Medicare Advantage.

$115.8B revenue 2024 (+12.7% YoY), 5.7M Medicare Advantage members, CenterWell Senior Primary Care expansion, #3 US health insurer

SF YC W20 digital health insurance for startups and tech companies at $63.1M total ($58M Portage Series A 2022); covering tens of thousands of members in 6+ states with modern mobile-first experience competing with Oscar Health for employer health insurance.

NYSE: HIPO digital homeowners insurance using smart home sensors and satellite imagery for proactive risk prevention; SPAC-IPO insurtech competing with Lemonade and Kin for tech-driven homeowners insurance as traditional carriers exit climate-risk markets.

Canada YC W22 world's first on-demand surgical death insurance with ML underwriting backed by Berkley Insurance; $3.8M seed Jul 2022 from SiriusPoint/Axis Reinsurance/YC serving Canadian patients before/after cesarean, joint replacement, heart surgery.

Nashville urban small business commercial insurance PBC at $5M gross ARR 2025; $13.35M total ($6M IA Capital/a16z/AmWINS Nov 2025 at $26M) using block-level data to insure neighborhoods traditional carriers redline competing with Next Insurance.

US YC W20 AI Medicare guidance platform launched Vox in Aug 2024; conversational AI for 67M Medicare beneficiaries navigating plan selection and enrollment competing with GoHealth for 24/7 AI-first Medicare Advantage and Supplement comparison.

Kenya/Rwanda YC S23 digital employer health insurance with 43% cost reduction for 90M uninsured African employees; $1.29M from African Development Bank/Fondation Botnar/Google/Acacia as first Rwandan YC company competing with Reliance Health.

NYC digital insurance marketplace at 30M+ users/$200B+ coverage placed; acquired by Zinnia (Eldridge) April 2023 with co-founders departed Nov 2023 and Policygenius Pro B2B channel competing with NerdWallet for online insurance distribution.

SF pay-per-mile auto insurance pioneer acquired by Lemonade (NYSE: LMND) Jul 2022 for ~$500M; 49-state licenses and 500M+ trip dataset now powering Lemonade Car telematics competing with Root and Progressive Snapshot for UBI auto insurance.

Austin landlord insurance insurtech at $250M+ annualized GWP; $89.5M total ($30M Two Sigma Series C April 2025 at $355M) with Inc. 5000 #63/4,606% growth and own carrier launch Q4 2024 competing with Obie for individual landlord insurance.

Overland Park GRC platform serving 90+ Fortune 100; owned by Cinven PE (acquired April 2023 from Clearlake/STG) with new CEO Bill Diaz and cloud SaaS investment competing with ServiceNow IRM for enterprise risk and compliance management.

Chicago DTC homeowners insurtech (founded 2016); $50M Series E $2B valuation (Sep 2025) total $476M raised, $495M premiums (+43%), 160K policyholders in cat markets, IPO filing planned 2025 competing with Hippo for catastrophe insurance.

Mayfield Village OH #2 US auto insurer (NYSE: PGR) at $75.34B 2024 revenue (+21.4%) with 68.9% loss ratio and 30M+ policies; Snapshot telematics and Flo brand competing with State Farm and GEICO for personal auto insurance market share.