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

Euronext Paris: CS | €110.3B gross written premiums and revenues 2024 (+8%); €983B AUM; 154,000 employees; 94M clients in 50+ countries; world's largest insurance group by revenue

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

Frankfurt-listed (ETR: ALV) global insurer and asset manager serving 100M+ customers with PIMCO's $1.8T+ fixed income AUM;

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.

Humana (NYSE: HUM) with $115.8B revenue in 2024 (+12.7% YoY); 5.7M Medicare Advantage members; CenterWell Senior Primary Care expanding nationwide; #3 US health insurer combining managed care with a rapidly growing healthcare delivery arm.

Data privacy management platform providing cookie consent, privacy monitoring, and vendor risk tracking for SMBs and enterprises; continuously monitors third-party SaaS privacy policies and alerts companies to changes that create compliance exposure.

AI compliance platform automating SOC 2, ISO 27001, HIPAA, and PCI DSS certifications; integrates with tech stacks to auto-collect evidence, monitor controls, and provide AI-guided compliance remediation for tech startups scaling toward enterprise...

EvolutionIQ is an AI-powered claims guidance platform for disability and workers' compensation insurance; raised $90M Series B in 2023; its ML models predict claim duration and identify intervention opportunities, reducing claim costs and durations.

AI-powered trust management platform automating compliance evidence collection and security questionnaire responses for B2B software companies; always-current compliance posture replaces annual audit scrambles and reduces sales engineering overhead.

Top 5 US P&C insurer with $48-50B revenue; mutual company providing financial flexibility in insurance cycles; personal auto, home, and commercial insurance across 30+ countries through direct, independent agent, and affinity distribution channels.

Chapter is a tech-enabled Medicare advisory platform valued at $3B after a $100M Series E; ARR surpassed $100M with 4x enrollment growth YoY; helps seniors navigate Medicare plan selection through licensed human advisors and proprietary technology.

Largest US personal lines P&C insurer as a mutual company with $180B+ in assets; 19,000 captive agents; digital transformation of claims and underwriting; full-year net income impacted by catastrophe losses in California wildfire and storm events.

Programmatic privacy platform enabling enterprises to automate data consent collection, privacy rights fulfillment, and marketing data governance; integrates with cloud infrastructure to propagate consent choices downstream to advertising systems.

Cyber risk exchange platform where vendors complete one comprehensive security assessment shared with all requesting enterprises; predictive risk models score vendors even before assessment completion, eliminating duplicative questionnaire burden.

Compliance management platform helping high-growth tech companies achieve SOC 2, ISO 27001, and HIPAA certifications; guided workflows, audit-ready templates, and direct compliance expert access differentiate it from self-serve compliance tools.

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.

Enterprise GRC and ethics compliance platform with the world's most widely deployed whistleblower hotline (EthicsPoint); manages risk, policy, training, and incident reporting programs for thousands of organizations across regulated industries.