Insurance Technology Activity by Selected Investors – Q1 2017

The following graph summarizes the investor activity in the Insurance Technology space. Please note these graphics are made using data through January 2017.

Insurance Technology Investor Activity Q1 2017

The above analysis summarizes the total number of investment rounds Insurtech investors participated in, and the number of unique companies funded by selected investors. 500 Startups takes the lead in both metrics, with 16 total investments into the space and over 15 companies backed. Other major investors include New Enterprise Associates, First Round Capital, and Index Ventures.

We are currently tracking 1,169 Insurance Technology companies in 14 categories across 58 countries, with a total of $18 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.

Venture Investing in Insurance Technology – Q1 2017

The following graphs highlight venture investing trends into the Insurance Technology (Insurtech) sector. The graphics include data through January 2017.

insurtech-venture-investing

The above graph compares the total venture funding in each Insurtech category to the number of companies in the category. The Health category is leading in funding, with just over $9B. Insurance Comparison takes the lead in company count, at around 280.

Insurance Technology Average Funding by Category

The above analysis summarizes the average company funding in each Insurtech category. The Life, Home, and P&C category leads the sector with around $300M in average funding per company, followed by the Auto Insurance and Health categories.

We are currently tracking 1,102 Insurance Technology companies in 14 categories across 54 countries, with a total of $17B 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.

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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.

Where in the world are Insurance Technology startups? – Q1 2017

The analyses below summarize where Insurance Technology innovations are occurring. The graphic includes data through January 2017.

insurtech-startup-count-by-country

The above map shows the number of Insurtech companies located in different countries. The United States ranks as the top country with over 580 companies.

insurtech-vc-funding-by-country

The above map shows the amount of total Insurtech startup venture capital funding in different countries. The United States has the most VC funding at around $7B.

We are currently tracking 1,087 Insurance Technology companies in 14 categories across 54 countries, with a total of $17B 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.

Insurance Technology Startup Landscape Trends and Insights – Q1 2017

Here is our Q1 2017 summary report on the Insurance Technology (insurtech) startup sector. The following report includes a startup landscape overview, graphical trends and insights, and recent funding and exit events.

We are currently tracking 1,050 Insurance Technology companies in 14 categories across 54 countries, with a total of $17 Billion in funding. Click here to learn more about the full Insurance Technology landscape report and database.