The following graphs highlight venture investing trends into the Insurance Technology (Insurtech) sector. The graphics include data through April 2017.
The above graph compares the total venture funding in each Insurtech category to the number of companies in the category. The Health Insurance category leads in total funding with over $9B. The Insurance Comparison category has the most startups at around 350.
The above analysis summarizes the average company funding in each Insurtech category. The Life, Home, and P&C Insurance category leads the sector with just over $250M in average funding per company, followed by the Auto Insurance and Health Insurance categories.
We are currently tracking 1,266 Insurtech companies in 14 categories across 62 countries, with a total of $18B in funding. Click here to learn more about the full Insurance Technology market report.