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
As of September 2026, Latka tracks 14 insurance analytics software companies with $10M–$100M in annual revenue. They have combined revenues of $325.7M and employ 2.4K people. They have raised $160M and serve 150.4K 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.
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.
Sorting: Highest -> Lowest
Showing 10 of 14 companies ranked by annual revenue.
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.
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.
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.
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.
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.
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
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.
Warszawa, 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.
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.
New Jersey, New Jersey, United States
BluePond. AI , brainchild of industry experts, is built to tackle challenges faced by P&C Insurance businesses— rising costs, talent shortages, and operational...
Latka tracks 14 insurance analytics software companies with $10M–$100M in annual revenue. Together they generate $325.7M in annual revenue and employ 2.4K people.
akur8.com is the largest, with $62M in annual revenue.
The average insurance analytics software company in this list makes $23.3M a year, across 14 companies with reported revenue. They serve 150.4K customers combined.
Ranked by annual revenue, the leaders are akur8.com, Snapsheet Inc, Novidea, DigitalOwl and Cape Analytics.
The 14 insurance analytics software companies with $10M–$100M in annual revenue tracked here have raised $160M in disclosed funding between them.
- 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.
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