Top 6 Insurance Software startups

Updated: January 07, 2024

Insurance software startups are disrupting the insurance industry by introducing innovative features such as policy management systems, claims processing automation, underwriting analytics, digital customer portals, and AI-powered risk assessment, revolutionizing how insurance companies manage their operations, enhance customer experiences, and optimize risk management processes, challenging traditional insurance software providers with more agile and customer-centric solutions that leverage technology to improve operational efficiency, provide personalized insurance products, and adapt to the evolving needs of the insurance market.
1
Country: Israel | Funding: $71.5M
EasySend helps banks and insurance companies to quickly convert paper forms and PDFs into digital experiences.
2
Country: UK | Funding: $21.1M
Clausematch develops policy management platform that allows collaborate in real time, create, manage and track policies and procedures, and disseminate the latest versions throughout your organization from one place. Clausematch’s AI-powered platform provides end-to-end policy management and regulatory compliance solutions.
3
Country: Canada | Funding: $10.1M
Quandri is a digital workers for insurance brokers & agencies.
4
Country: Croatia | Funding: $3.8M
SaaS Platform for Insurance companies looking to develop new Digital Portfolio of Products and Services.
5
Country: UK | Funding: $2.8M
Synthesized tries to reduce friction on preparing all the data that’s needed, to enable insurers to share data safely, complying with regulations. Synthesized's software uses AI to learn the structure of original data and simulate practically useful new data points, thus unleashing data's full potential whilst protecting people's privacy.
6
Country: Georgia | Funding: $45K
ClpHub is SaaS insurance engine for insurance companies.