Top 15 Insurance Analytics Software Companies Under $1M Revenue (September 2026)

Johannesburg, Gauteng, South Africa

We believe that when a policyholder submits an insurance claim, that action should trigger an instant decision, with the outcome immediately communicated back to the policyholder. This will enable policyholders to benefit from swift claims handling, communication, and compensation - leading to total transparency and instant gratification. The Tautona platform uniquely integrates automated decisions with A.I., machine learning, data mining, business rules and analytics to help insurance companies identify which claims can be automatically processed and which should be handled manually. We also identify fraudulent claims and point to specific facets of the claim that requires further investigation. The algorithms we use are designed to reproduce a claim handler’s deductive reasoning, making investigations quicker and easier. By automating decision-making, communication, and compensation, Tautona enables insurance companies to take a major step towards becoming true digital insurers.

Stockholm, Stockholm County, Sweden

Claims Carbon was founded to help insurers reach net-zero in their entire value chain. The Claims Carbon software calculates the size of the climate challenge and opportunity in the ecosystem of an insurance company. Moreover, it helps in target setting and follow up of emission reductions and provides key data for net-zero insurance product development.

United Kingdom

Welcome to the world’s first API-connected AI pricing platform, delivering insurance product growth for insurers, brokers and MGAs globally. Nuon AI’s real-time AI pricing solves 3 distinct problems for insurance organisations, enabling peak product performance across both new business and renewals. 1. Increase...

Shanghai, China

Developer of a AI-empowered insurance claims processing engine. The company's technology helps clients reduce fraudulent claims and processing time, enabling insurance companies to more efficiently process claims.

Denver, Colorado, United States

Insur IQ is focused on migrating insurance enterprise workflow from traditional manual, analog, and paper-based insurance processes to a fully automated, digital, product management and paperless ecosystem. Insur IQ facilitates core processes with single data entry into a fully integrated, multi-function, multi-discipline, end-to-end, user environment. We collapse time and expense associated with the traditional insurance purchase and delivery continuum while simultaneously improving the Policyholder, Agent, and Carrier experience.

Milano, Lombardia, Italy

L'intelligenza artificiale che parla il linguaggio dell'insurance.

China

Provider of digital insurance solutions for insurance providers. The company develops cloud-based SaaS platforms with build-in analytical and planning tools, providing comprehensive technological solutions to help insurance planners and intermediaries develop better insurance products and manage customer relations.

Miami, Florida, United States

AI workbench for insurance brokers

California, United States

Strative is building the essential AI platform for regulated enterprises, starting with insurance. Our flagship product, DocuSense AI, is an Agentic AI solution that automates complex document workflows—reading, extracting, validating, and acting on unstructured data with 99%+ accuracy. We help MGAs and Speciality insurers process more applications, faster, and with lower operational costs—without sacrificing compliance or control. Unlike generic AI tools, Strative is purpose-built for industries that can’t afford errors. Our platform combines multi-agent AI architecture with proprietary industry datasets, and no-code configuration to deliver enterprise-grade accuracy, scalability, and trust. Backed by strong early tractions and partnerships with $1B+ insurers, we’re on a mission to transform how regulated organizations leverage AI—safely, efficiently, and at scale.

San Mateo, California, United States

Driveway is a robust, smartphone-deployed, cloud-based technology that provides auto insurers with comprehensive insured driving data for better pricing intelligence – maximizing the opportunity for lower loss ratios and higher profits. On July 22, 2021, it was announced that Driveway Software Corporation’s assets were acquired by Earnix, Inc., a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks.