As of May 2026, there are 50 SaaS companies in Insurance Analytics Software. They have combined revenues of $725.6M and employ 6.2K people. They have raised $102.4M and serve 19.2M customers combined.
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 12 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.
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.
San Francisco, California, United States
For insurance brokers who compete on analytics, Archipelago is the productivity software that powers your workflows with accurate data.
Boston, Massachusetts, United States
Gradient AI provides award-winning artificial intelligence (AI) solutions for the insurance industry. Its solutions improve loss ratios and profitability by predicting underwriting and claim risks with greater accuracy, as well as reducing quote turnaround times and claim expenses through intelligent automation. Unlike other AI solutions that use a limited claims and underwriting dataset, Gradient's SaaS platform leverages a vast industry data lake comprising tens of millions of policies and claims. It also incorporates key features including economic, health, geographic, and demographic information. Customers include some of the most recognized insurance carriers, MGAs, MGUs, TPAs, risk pools, PEOs, and large self-insured employers across all major lines of insurance. By using Gradient AI's solutions, insurers of all types achieve a better return on risk. We are proud to have been recognized by Built In five years in a row, including two categories in 2025––Best Place to Work in Boston and Best Midsize Places to Work in Boston! Check out our page here: https://www.builtinboston.com/company/ Gradient AI was founded in to address the need for state-of-the-art AI and Machine Learning (ML) solutions for the trillion-dollar insurance industry. Our software-as-a-service platform uses AI to help commercial insurers automate and improve underwriting results, reduce claim costs, and improve operational efficiencies. Our software and models are utilized by many of the world’s most recognized Insurance Carriers, MGAs, TPAs, Pools, PEOs and more. Our team of expert Data Scientists and Insurance Technology experts have an exceptional history of building wildly successful insurance technology companies, with the most satisfied customers in the industry. At GradientAI we focus exclusively on delivering measurable results for your underwriting and claims operations.
- 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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