Average and Median Age by Insurance Technology Category – Q2 2017

The following graph shows average and median age in the Insurance Technology sector. The graphic includes data through April 2017.

Average and Median Age by InsurTech Category
Average and Median Age by InsurTech Category

The above graph summarizes the average age and median age of companies in each Insurance Technology category. The Reinsurance category ranks as the most mature Insurance Technology category with an average age of 21 years and a median age of 16 years. The Life, Home, P&C Insurance category comes in as the second oldest category, with an average age and a median age of 14 years for each.

We are currently tracking 1256 Insurance Technology companies in 14 categories across 62 countries, with a total of $18.2 Billion in funding. Click here to learn more about the full Insurance Technology market report.

Insurance Technology Companies Founded by Year – Q2 2017

The following graph shows the founding year distribution in the Insurance Technology sector. The graphic includes data through April 2017.

Insurance Technology Companies Founded by Year
Insurance Technology Companies Founded by Year

The above graph summarizes the number of Insurance Technology companies founded in a certain year. 2015 ranks at the top with around 123 companies founded in that year alone. 2014 is the runner-up with around 120 companies founded in that year.

We are currently tracking 1232 Insurance Technology companies in 14 categories across 61 countries with a total of $18 Billion in funding. Click here to learn more about the full Insurance Technology market report.

Insurance Technology Funding by Round – Q1 2017

The following two graphs summarize the rounds of funding going into the Insurance Technology space. Please note these graphics are made using data through January 2017.

Insurance Technology Funding Amount by Round
Insurance Technology Funding Amount by Round

The graph above shows the total amount of VC funding broken out by round. In recent years, we’ve seen a large increase in the amount of Series A and Series C funding events. The amount of Series B and Series D funding events have seen some growth as well.

Insurance Technology Funding Count by Round
Insurance Technology Funding Count by Round

The graph above shows the total count of funding events broken out by round. We’ve seen a general upward trend which peaked in 2015 and then declined a bit. Earlier stage deals (Seed, Series A, Series B) have seen the largest growth in the number of funding events.

We are currently tracking 1185 Insurance Technology companies in 14 categories across 60 countries, with a total of $17.8 Billion in funding. Click here to learn more about the full Insurance Technology market report.

Insurance Technology Exits by Category and by Year – Q1 2017

The following graphs highlight the exit activity in the Insurance Technology sector. The graphics include data through January 2017.

insurance-technology-exits-by-category
Exit Activity by Category in Insurance Technology

The above graph summarizes the number of exits (acquisitions and IPOs) in each Insurance Technology category. The Insurance Infrastructure/Backend category leads the sector with 20 acquisitions and 4 IPOs. The Insurance Comparison category is the runner-up with 14 acquisitions and 7 IPOs.

insurance-technology-exits-by-year
Exit Activity by Year in Insurance Category

The above graph summarizes the number of exits (acquisitions and IPOs) in Insurance Technology by year. 2016 currently leads the sector with 22 acquisitions. 2014 is the runner-up with 10 acquisitions and 3 IPOs.

We are currently tracking 1145 Insurance Technology companies in 14 categories across 57 countries, with a total of $17.5B in funding. Click here to learn more about the full Insurance Technology landscape report and database.

Average and Median Age by Insurance Technology Category – Q1 2017

The following graph shows average and median age in the Insurance Technology sector. The graphic includes data through January 2017.

average-median-age-insurtech
Average and Median Age by Insurance Category

The above graph summarizes the average age and median age of companies in each Insurance Technology category. The Reinsurance category ranks as the most mature Insurance Technology category with an average age of 23 years and a median age of 16 years. The Life, Home, P&C Insurance category comes in as the second oldest category, with a average age of 14 years and a median age of 15 years.

We are currently tracking 1101 Insurance Technology companies in 14 categories across 54 countries, with a total of $17.4 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

Insurance Technology Companies Founded by Year – Q1 2017

The following graph shows the founding year distribution in the Insurance Technology sector. The graphic includes data through January 2017.

Insurance Technology Companies Founded by Year
Insurance Technology Companies Founded by Year
The above graph summarizes the number of Insurance Technology companies founded in a certain year. 2015 ranks at the top with around 103 companies founded in that year alone. 2013 and 2014 are roughly tied for second, with around 98 startups founded.

We are currently tracking 1073 Insurance Technology companies in 14 categories across 53 countries with a total of $17.2 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.

Where in the World are Insurance Technology Startups? – Q4 2016

The analyses below summarize where Insurance Technology innovations are occurring.

insurance-technology-company-count
Insurance Technology Company Count by Country

The above map shows the number of Insurance Technology companies located in different countries. The United States ranks as the top country with around 556 companies.

insurance-technology-vc-funding
Insurance Technology VC Funding by Country
The above map shows the amount of total Insurance Technology startup venture capital funding in different countries. The United States has the most VC funding at around $7.1B.

We are currently tracking 1013 Insurance Technology companies in 14 categories across 53 countries, with a total of $16.9 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.