Market
Insurtech in the United States
430 companies · 1130 stories · $2.6B disclosed
Insurtech Daily tracks 430 insurance and insurtech companies headquartered in the United States — 117 insurers, 106 technology vendors and 93 insurtechs, across 1130 stories going back to Aug 1, 2024. Between them they have disclosed $2.6B across 59 funding rounds, the largest Snorkel AI's $350M. Every figure is compiled from the coverage on this page.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| Snorkel AI | $350M | — | — | Coverager | |
| Corgi | $160M | Series B | — | Pulse 2.0+4 | |
| Reserv | $125M | Series C | — | Beinsure | |
| Skan AI | $63M | — | — | Coverager | |
| Counterpart | $50M | Series C | — | FinTech Global+1 | |
| Pace | $46M | — | — | theinsurer.com+2 | |
| Corgi | $30M | — | Yunfeng | Beinsure | |
| Pasito | $21M | Series A | — | beinsure.com | |
| Joyn Insurance | $17.7M | Series A | OMERS Ventures | FF News | |
| RockRose Risk | $12.5M | Series A | — | Insurance Nerds+5 | |
| Tugboat | $3M | Seed | — | citybiz | |
| Battleface | $1.3M | — | — | Coverager |
The 12 largest of 59 disclosed rounds. Every round is listed with its reporting in the funding tracker, and totals across all markets in the company ranking.
Companies
| Company | Type | Based | Stories | Disclosed |
|---|---|---|---|---|
| Gallagher | Broker | Rolling Meadows, Illinois | 50 | — |
| Corgi | Insurtech | — | 39 | $298M |
| Root | Insurtech | Columbus, Ohio | 37 | — |
| Lemonade | Insurtech | New York | 31 | — |
| Guidewire | Technology vendor | San Mateo | 20 | — |
| Inszone Insurance Services | Broker | — | 18 | — |
| OpenAI | Technology vendor | San Francisco | 17 | — |
| Verisk | Technology vendor | Jersey City, New Jersey | 17 | — |
| Applied Systems | Technology vendor | University Park, Illinois | 14 | — |
| Marsh McLennan Agency | Broker | — | 14 | — |
| MetLife | Insurer | New York | 14 | — |
| The Hartford | Insurer | Hartford, Connecticut | 14 | — |
| Insurity | Technology vendor | Hartford | 13 | — |
| Liberty Mutual | Insurer | Boston | 12 | — |
| Lockton | Broker | Kansas City | 12 | — |
| Marsh | Broker | New York | 12 | — |
| Bamboo Insurance | MGA | — | 10 | — |
| Duck Creek | Technology vendor | Boston | 10 | — |
| Hippo | Insurtech | Palo Alto, California | 10 | — |
| Markel | Insurer | Richmond, Virginia | 10 | — |
| AIG | Insurer | New York | 9 | — |
| HDVI | MGA | Chicago | 9 | — |
| NFP | Broker | New York | 9 | — |
| Orion180 | Insurer | Melbourne, Florida | 9 | — |
| Bestow | Insurtech | Dallas | 8 | $120M |
| Sola | Insurtech | Atlanta | 8 | $11.7M |
| Acrisure | Broker | Grand Rapids, Michigan | 8 | — |
| Alliant | Broker | California | 8 | — |
| Allstate | Insurer | Northbrook, Illinois | 8 | — |
| AM Best | Industry body | Oldwick, New Jersey | 8 | — |
| Exzeo | Insurtech | St. Petersburg, Florida | 8 | — |
| Safety Insurance | Insurer | Boston, Massachusetts | 8 | — |
| Nirvana | Insurtech | San Francisco | 7 | $180M |
| RockRose Risk | Broker | Napa, California | 7 | $12.5M |
| Qumis | Insurtech | — | 7 | $6.5M |
| Ebix | Technology vendor | Johns Creek, Georgia | 7 | — |
| Kin | Insurtech | Chicago | 7 | — |
| One Inc | Technology vendor | Folsom | 7 | — |
| USI | Broker | Valhalla, New York | 7 | — |
| Zywave | Technology vendor | Milwaukee | 7 | — |
| Pace | Insurtech | — | 6 | $56M |
| Fulcrum | Insurtech | — | 6 | $25M |
| Coterie | Insurtech | — | 6 | — |
| ERGO NEXT Insurance | Insurer | — | 6 | — |
| Federated Insurance | Insurer | Owatonna, Minnesota | 6 | — |
| GEICO | Insurer | Chevy Chase, Maryland | 6 | — |
| Matic | Insurtech | Columbus, Ohio | 6 | — |
| Prudential | Insurer | Newark | 6 | — |
| Ryan Specialty | Broker | Chicago | 6 | — |
| Travelers | Insurer | New York | 6 | — |
| World Insurance | Broker | New Jersey | 6 | — |
| Zinnia | Technology vendor | — | 6 | — |
| Ledgebrook | Insurtech | — | 5 | $82M |
| Sixfold | Insurtech | New York | 5 | $30M |
| Vertical Insure | Technology vendor | San Francisco, California | 5 | $8.5M |
| Accelerant | Insurtech | New York | 5 | — |
| Amwins | Broker | Charlotte, North Carolina | 5 | — |
| Berkley | Insurer | — | 5 | — |
| Farmers | Insurer | — | 5 | — |
| FM | Insurer | Johnston, Rhode Island | 5 | — |
| FutureProof | Insurtech | San Diego | 5 | — |
| Gradient AI | Technology vendor | Boston, Massachusetts | 5 | — |
| Hexure | Technology vendor | — | 5 | — |
| iCapital | Technology vendor | New York | 5 | — |
| Insureon | Broker | Chicago, Illinois | 5 | — |
| Nassau Financial Group | Insurer | Hartford | 5 | — |
| Next Insurance | Insurtech | — | 5 | — |
| Northwestern Mutual | Insurer | Milwaukee | 5 | — |
| Radian | Insurer | — | 5 | — |
| Roamly | Insurtech | — | 5 | — |
| Socotra | Technology vendor | San Francisco | 5 | — |
| State Farm | Insurer | — | 5 | — |
| Sure | Insurtech | — | 5 | — |
| The Zebra | Insurtech | Austin | 5 | — |
| Anzen | MGA | — | 4 | $32M |
| MGT | Insurtech | — | 4 | $21.6M |
| American Family | Insurer | Madison | 4 | — |
| Ameritas | Insurer | Lincoln, Nebraska | 4 | — |
| Amynta | MGA | New York | 4 | — |
| Baldwin Insurance Group | Broker | Tampa | 4 | — |
| Coverdash | Insurtech | — | 4 | — |
| Cowbell | MGA | California | 4 | — |
| DUAL North America | MGA | — | 4 | — |
| Everspan | Insurer | — | 4 | — |
| Gen Digital | Technology vendor | — | 4 | — |
| Guardian | Insurer | New York | 4 | — |
| Hub International | Broker | Chicago, Illinois | 4 | — |
| Humana | Insurer | Louisville, Kentucky | 4 | — |
| Ignyte Insurance | MGA | Pennsylvania | 4 | — |
| InsureMyTrip | Broker | — | 4 | — |
| J.P. Morgan | Technology vendor | New York | 4 | — |
| King Risk Partners | Broker | — | 4 | — |
| Moody's | Technology vendor | New York | 4 | — |
| Moores | Broker | Minneapolis, Minnesota | 4 | — |
| Nationwide | Insurer | Columbus, Ohio | 4 | — |
| OneShield | Technology vendor | — | 4 | — |
| Relation Insurance Services | Broker | Chicago, Illinois | 4 | — |
| Southern States Underwriters | MGA | Richmond | 4 | — |
| Talcott | Insurer | Connecticut | 4 | — |
| Counterpart | MGA | — | 3 | $50M |
| Stand | Insurtech | — | 3 | $35M |
| LightSpun | Insurtech | — | 3 | $13M |
| Rosella | Insurtech | — | 3 | $3.7M |
| Aggne Global | Insurtech | — | 3 | — |
| Anthropic | Technology vendor | San Francisco | 3 | — |
| Arbella Insurance | Insurer | Quincy | 3 | — |
| Baldwin Group | Broker | Tampa, Florida | 3 | — |
| BHSI | Insurer | Boston | 3 | — |
| BMS Re US | Broker | — | 3 | — |
| Bowhead Specialty | Insurer | New York | 3 | — |
| Brown & Brown | Broker | Daytona Beach | 3 | — |
| CNO Financial | Insurer | Carmel | 3 | — |
| Coalition | Insurtech | San Francisco | 3 | — |
| Cotality | Technology vendor | — | 3 | — |
| Delos | MGA | — | 3 | — |
| DXC | Technology vendor | — | 3 | — |
| First Connect | Broker | — | 3 | — |
| Goosehead Insurance | Broker | Westlake | 3 | — |
| Healthy Paws | MGA | — | 3 | — |
| Heritage | Insurer | Clearwater | 3 | — |
Showing the 120 most covered of 430.
Coverage
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Soteris launches AI tool to identify insurance policies that reduce profits
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People: Hotaling’s Dieppa Appointed to Florida Citizens Board of Governors
The managing partner at Hotaling Insurance Services has been named to the Florida Citizens Property Insurance Corp. Board of Governors for a three-year term. Gabriel “Gabby” Dieppa, based in Miami, was appointed by…
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CVC-Backed Home Insurance Firm Bamboo Said to Postpone IPO
Bamboo Insurance Services Inc., a home insurance firm controlled by private equity firm CVC Capital Partners, has postponed its initial public offering, according to people familiar with the matter. The Midvale…
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Snorkel AI raises $350 million
QBE Ventures invested in Snorkel AI in 2024.
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Mutual of Enumclaw introduces new brand
Mutual of Enumclaw is a Washington-based regional insurance company founded in 1898.
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AI Insurer MGT Expands Its Small Commercial Coverage to California
MGT, a company that calls itself an “AI-native neo-insurer,” is expanding to California to offer small business coverage. The company says its underwriting model allows it to evaluate risk at a fraction of the…
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Marsh launches Broker WorkBench
Broker Workbench is an AI-powered platform that streamlines the placement process.
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Tech Update: Marsh Launches AI-Powered Platform to Cut Placement Times in London
Insurance broker Marsh announced the launch of an AI-powered platform designed to improve Marsh brokers’ operational efficiency and reduce placement times for clients in the London insurance market. Called “Broker…
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TIAA names Kessler as President of Seven30 Re & Head of Global Reinsurance
TIAA, a provider of retirement plans, insurance, and investment services, has appointed Amy Kessler as President of Seven30 Re, its Bermuda entity, and Head of Global Reinsurance, effective 21 September, 2026. In her…
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Marsh launches Broker WorkBench to reduce placement times for specialty risks
Marsh has announced the launch of Broker WorkBench, an AI-powered platform designed to transform how Marsh's brokers operating in the London insurance market serve their clients.
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Hiscox USA names a new finance chief from Liberty Mutual
The hire comes as Hiscox USA continues expanding its specialty insurance platform
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Insurance moves: Nirvana, Peach, Vontobel, HF, Darag and Liberty Specialty
Nirvana adds an experienced cyber lead as Liberty Specialty and Darag also make senior hires
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Specialty Insurer Orion180 Falls 2.8% After $240 Million IPO
Orion180 Insurance Group Inc. fell 2.8% in its first day of trading after the company raised $240 million from its initial public offering. The specialty homeowners insurance company’s shares closed at $11.66 each on…
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Marsh Canada forms co-brokering alliance with TIPI Insurance Partners
TIPI Insurance Partners is Canada’s largest Indigenous-owned and -led insurance brokerage.
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Sierra Signorelli returns to AIG to lead Americas and global personal insurance
The appointment follows AIG’s announcement that General Insurance CEO Jon Hancock will retire from that role at the end of 2026 and become a senior advisor.
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Global insurance exchange major Ebix to join NeoProEd Insurance Conclave as gold partner in GIFT City
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Lemonade $10.5 Million Settlement Over License Number Data Breach Approved
A federal district court in New York has approved a $10.5 million class action settlement by digital insurer Lemonade over its exposing license numbers of as many as 190,644 drivers to third parties through its online…
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Y Combinator insurance tech alum Angle Health hits $2.7B valuation
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Benefits renewal automation for insurance agencies gets an upgrade in Applied Epic
As the year draws to a close, the fourth quarter brings the frenzy of renewal season for benefits teams. Plan documents arrive from carriers, quoting platforms, spreadsheets, inboxes – and...
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Gallagher acquires Innovise Business Consultants
Innovise provides commercial insurance and surety bonding services.
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Markel names Nick Rugg as Head of Financial Institutions & Fintech – PFR & Cyber, International
Markel Insurance, the insurance business of Markel Group Inc., has appointed Nick Rugg to the newly expanded role of Head of Financial Institutions & Fintech – PFR & Cyber within its London specialty insurance…
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ProLiant expands Employee Navigator partnership
ProLiant has integrated with Employee Navigator for nearly a decade and currently supports two-way API connectivity and single sign-on.
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Lemonade $10.5 Million Settlement Over License Number Data Breach Approved
A federal district court in New York has approved a $10.5 million class action settlement by digital insurer Lemonade over its exposing license numbers of as many as 190,644 drivers to third parties through its online…
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Anthropic and others see AI reshaping how insurers buy and sell
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EPIC Acquires Michigan’s Korotkin Insurance Group
EPIC Insurance Brokers & Consultants has acquired Korotkin Insurance Group, a fifth-generation independent brokerage with over a century of operational history in Michigan. KIG brings a strong regional presence and…
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Jackson Wins Datos Insights Insurance Technology Impact Award
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Jackson Wins Datos Insights Insurance Technology Impact Award
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Video: Cultural alignment key to success of Nationwide and Ryan Re partnership, says Johnston & Issavi
As the reinsurance market transitions from a period of relative stability, market stakeholders are looking for greater alignment, an approach which has made Nationwide and Ryan Re’s partnership so successful over the…
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Arthur J. Gallagher Acquires Innovise Business Consultants
Arthur J. Gallagher & Co. acquired Englewood, Colorado-based McMillan Insurance & Bonding Inc., dba Innovise Business Consultants. The Innovise Business Consultants team, led by Jason McMillan, will relocate to…
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Comparion partners with Sola Insurance
Comparion agents will be able to offer Sola’s standalone wind and hail coverage.
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Amwins inland marine expert: AI cuts busywork, not underwriter judgment
Heather Frain says AI speeds up equipment underwriting, but experience is still crucial
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Alliant formalizes data center risk practice as coverage gaps hit financing
The broker's integrated advisory offering addresses a market where individual campuses exceed $30 billion in insurable value
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American Express taps Gusto for embedded payroll
The product will allow customers to enroll, manage and run payroll within their American Express Business Checking accounts.
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NFP acquires Moores Insurance Management
NFP has acquired Moores Insurance Management, a multi-disciplinary risk management firm based in Minneapolis, Minnesota.
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Greg Alling joins Verisk as President of Casualty Solutions
Verisk, a strategic data analytics and technology partner serving the global insurance industry, has appointed Greg Alling as President of its Casualty Solutions business, effective immediately. In his new role, Alling…
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Verisk and Qantev collaborate to help health insurers in APAC and GCC markets
Verisk and Qantev, an AI claims intelligence platform for health and life insurers, have announced a collaboration for insurers in the Asia-Pacific and Gulf Cooperation Council markets, designed to help health and life…
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World Insurance Acquires New Jersey’s TE Freuler Agency
Insurance broker World Insurance Associates LLC announced that it has acquired the business of TE Freuler of Somerset, New Jersey. Terms of the June 1, 2026 transaction were not disclosed. TE Freuler, which also has an…
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NFP acquires Moores Insurance Management
The company keeps buildings its private client business one Midwest at a time
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Insurance moves: Skyline Public, Marsh, Smart Choice, HDI and Verisk
They include a new VP of AI strategy and a new CMO
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Baldwin Insurance Group (BWIN) Agrees To Go Private
The 40 most recent of 1130 stories naming a company based in the United States.