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Top 10 Insurance Analytics Software Companies (November 2026)

As of November 2026, Latka tracks 57 insurance analytics software companies. They have combined revenues of $555.3M and employ 4.7K people. They have raised $370.8M and serve 19.2M customers combined.

Every company below sells insurance analytics software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Insurance Analytics Software Companies do

Insurance Analytics Software refers to applications designed to analyze and visualize data related to insurance policies, claims, customer behavior, and risk management. These tools utilize advanced data analytics, machine learning, and artificial intelligence to enable insurers to make informed decisions that enhance operational efficiency and drive profitability. Primary use cases include fraud detection, predictive modeling, customer segmentation, and compliance monitoring. Key features of insurance analytics software often include data integration capabilities, interactive dashboards, real-time reporting, and predictive analytics tools. Users typically include insurance companies, underwriters, claims adjusters, and compliance officers, all seeking to leverage data insights for strategic benefits. By embedding these analytics within policy and claims workflows, organizations can enhance their customer interactions and improve overall service delivery.

Companies
57
Revenue
$555.3M
Funding
$370.8M
Employees
4.7K

Filters

Sorting: Highest -> Lowest

Filters

Top Insurance Analytics Software Companies by revenue

Showing 10 of 57 companies ranked by annual revenue.

1Insurity logo
Insurity

Hartford, Connecticut, United States

Insurity is a leading provider of cloud-based software for insurance carriers, brokers, and MGAs. Insurity is trusted by 22 of the top 25 P&C carriers and 7 of the top 10 MGAs in the US and has over 400 cloud-based deployments. Through its best-in-class digital platform and with unrivaled industry experience and the industry’s most robust analytics offerings, Insurity is uniquely positioned to deliver exceptional value, empowering customers to focus on their core businesses, optimize their operations, and provide superior policyholder experiences. Insurity is a portfolio company of GI Partners and TA Associates. For more information about Insurity, call 860-616-7721 or visit www.insurity.com.

Revenue
$113M
Team size
1K
2akur8.com logo
akur8.com

Paris, Île-de-France, France

Akur8 is a developer of an AI-driven insurance pricing and reserving platform designed to provide AI-powered pricing automation and optimization for insurance.

Revenue
$62M
Team size
193
3Snapsheet Inc logo
Snapsheet Inc

Chicago, Illinois, United States

At Snapsheet, we take pride in being at the forefront of claims management technology, pioneering the virtual appraisals revolution, and setting new standards in efficiency for auto, property, and commercial lines. Our cutting-edge insurtech solutions redefine claims management, offering you a cloud-based platform that revolutionizes every step of the process. From efficient damage estimation to swift payment processing and seamless communication with claimants, Snapsheet empowers you to automate your claims handling seamlessly. By streamlining the claims process, Snapsheet significantly reduces time and costs, enabling you to maximize profits and fuel business growth. Experience the transformative power of Snapsheet and unlock the full potential of your claims operations.

Revenue
$48.2M
Year founded
2011
Team size
438
4Novidea logo
Novidea

United States

Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. With its open API architecture, Novidea enables brokers, agents, MGAs, and carriers to modernize and manage the customer journey end-to-end and drive growth across the entire insurance distribution lifecycle. Novidea's streamlined and automated platform fully integrates front, middle, and back offices. The Novidea platform boosts operational efficiency while providing a seamless digital experience for team members and customers alike. Insurance businesses benefit from a 360-degree view of customers and policies and can access data and actionable insights anytime, anywhere, and on any device. Novidea supports more than 100 customers across 22 countries. Novidea has been awarded for its outstanding contribution to technology and innovation from the London Market Forum, the Insurtech100 list of the world’s most innovative Insurtechs, and AIFintech 100.

Revenue
$28.1M
Year founded
2009
Team size
255
5DigitalOwl logo
DigitalOwl

New York, New York, United States

DigitalOwl empowers insurance and legal professionals to View, Triage, Connect and Chat with complex medical data like never before. Leveraging Workflows, we harness AI to revolutionize the transformation of unstructured data into actionable insights with unparalleled speed and accuracy.

Revenue
$27.3M
Year founded
2017
Team size
82
6Cape Analytics logo
Cape Analytics

Palo Alto, California, United States

Cincinnati Insurance Company is an insurance company based in Cincinnati, Ohio. Established in 1950, the company provides insurance services in fire, marine, property, aircraft and casualty insurance services to its clients. It operates as a subsidiary of Cincinnati Financial. The company is managed by the board of trustees.

Revenue
$24.3M
Year founded
2014
Funding
$31M
Team size
107
7AKUR8 logo
AKUR8

Paris, Ile-de-france, France

Akur8, the AI Pricing solution, enables insurance carriers to improve their profits and win market share with pricing models created and updated in hours instead of months. Akur8 developed unique leading edge algorithms dedicated to insurance pricing. The disruptive technology developed by our R&D team allows to combine Machine Learning and Actuarial worlds. GLM (Generalized Linear Model) is a well-established technique that answers all Risk Modelling constraints: it is easy to understand and it enables a clear validation process. But it is manual. Iterations and discoveries are long and slow, involving large number actuarial resources. Using cutting edge machine learning, we have automated GLM modelling. From variable selection to geographic smoothing, you decide the tradeoff between clarity and performance. You can immediately spot anomalies and discover new patterns. Building models with Akur8 is 10 times faster than with traditional solutions - with a better result. Akur8 solution

Revenue
$20.5M
Customers
350
Year founded
2018
Funding
$41.9M
Team size
166
8Ventiv Technology logo
Ventiv Technology

Atlanta, Georgia, United States

Our people, software, and innovative solutions empower organizations to achieve optimal results from their risk, insurance, and claims programs. Through the depth and breadth of our software solutions, global capabilities, and domain expertise, we are the proven leader in supporting virtually every type of industry and the largest and most complex companies in the world. Ventiv Technology, Inc. proudly partners with over 485 organizations and 350,000 users around the world.

Revenue
$20.1M
Year founded
1972
Team size
183
9Decerto logo
Decerto

Warsaw, Poland

Decerto specializes in providing advanced IT solutions for the insurance sector. Its flagship products are Agent Portal (a system for automating the work of insurance agents) and Higson (BRE, business rules engine). In addition, the company develops custom software tailored to the specific needs of its clients and integrates existing systems with new technologies and tools. With nearly 20 years of experience in the industry, Decerto also offers consulting services, helping companies choose appropriate technologies, optimize business processes, and achieve digital transformation. Among its clients are companies such as Warta, Generali, PZU, Allianz, Nationale Nederlanden, SEND, and others.

Revenue
$17.4M
Year founded
2006
Team size
158
10Tindall Associates logo
Tindall Associates

Mokena, Illinois, United States

Developer of a life reinsurance software created to serve the life insurance companies. The company's software offers life reinsurance administration, analytics tool, extract tool, communication tool, cloud based services and related services, enabling clients to self-report all their reinsurance information.

Revenue
$15.5M
Year founded
1975
Team size
336

Frequently asked questions about Insurance Analytics Software Companies

How many insurance analytics software companies are there?

Latka tracks 57 insurance analytics software companies with reported revenue. Together they generate $555.3M in annual revenue and employ 4.7K people.

Which insurance analytics software company is the largest?

Insurity is the largest, with $113M in annual revenue.

How much revenue does a typical insurance analytics software company make?

The average insurance analytics software company in this list makes $9.7M a year, across 57 companies with reported revenue. They serve 19.2M customers combined.

Who are the leading Insurance Analytics software vendors?

Ranked by annual revenue, the leaders are Insurity, akur8.com, Snapsheet Inc, Novidea and DigitalOwl.

How much funding have insurance analytics software companies raised?

The 57 insurance analytics software companies tracked here have raised $370.8M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- The software must provide tools for data analysis specifically tailored to insurance-related data. - Must include functionalities for predictive analytics to forecast trends and behaviors. - Should support integration with existing insurance management systems to facilitate data flow. - Must cater to various insurance stakeholders, including underwriters, claims handlers, and risk managers. - Not just for claims management; must also offer capabilities for underwriting and risk assessment.