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Top 50 Insurance Software Companies Under $1M Revenue (August 2026)

As of August 2026, Latka tracks 64 insurance software companies under $1M in annual revenue. They have combined revenues of $31.9M and employ 354 people. They have raised $8.2M and serve 19M customers combined.

Every company below sells insurance 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 Software Companies do

Insurance software encompasses a range of technology solutions designed to support the operational needs of insurance companies. These systems facilitate critical functions such as underwriting, policy management, claims processing, and risk assessment, enabling organizations to streamline workflows and improve customer service. By integrating various components like data analytics and automation, insurance software helps companies optimize their processes and respond to market demands more efficiently. Typical features of insurance software include customer relationship management (CRM), policy administration modules, claims management tools, and reporting capabilities. Users of this software generally consist of insurance agents, underwriters, claims adjusters, and operations managers tasked with improving policy sales, managing risks, and ensuring compliance with regulations. As the industry evolves, there is also a growing emphasis on incorporating advanced technologies like artificial intelligence and big data to enhance predictive modeling and operational insights.

Companies
64
Revenue
$31.9M
Funding
$8.2M
Employees
354

Filters

Sorting: Highest -> Lowest

Filters

Top Insurance Software Companies Under $1M Revenue

Showing 10 of 64 companies ranked by annual revenue.

1InsuredHQ logo
InsuredHQ

Auckland, Auckland, New Zealand

InsuredHQ is a powerful, cloud-based application that provides mission-critical policy, claims, payments, accounts, and document management systems for mid-market insurers, Managing General Agents, and new entrants. InsuredHQ software work best in the General Insurance realm, and, with our customer-centric approach, we already cover all the must-have features and the majority of the nice-to-haves. We do this by prioritizing regular client feedback, prioritizing practical necessities for their business, and keeping a publicly available product roadmap with our focus on enabling all of our customers to be more efficient with their business and growth. Simplifying processes for both the customer and internal teams are critical problems we love to solve. This simplification depends on having a modern and unified back-end platform (IHQ-Core) to act as a comprehensive system of record. It replaces manual processes with critical and time-saving process automations. However, in today's customer-centric insurance marketplace, Insurers also need to focus on optimizing the front-end of their business by creating seamless and compelling customer experiences. This is where our customers leverage the IHQ-API, building customer-centric products and helping their channels serve that customer. InsuredHQ knows core administration. IHQ-Core combined with IHQ-API allows insurers to become digital-first while enabling them to focus on remaining customer-first. What can customers use IHQ-APIs for? - Build onboarding experiences or self-service mobile apps to connect to your customers directly and quickly. - Integrate with third-party marketplaces and aggregators for competitive quote and bind experiences. - Embed simple quote and bind processes into existing sites. Contact us today for additional information or schedule a demo to show how you can leverage our core engine and API to meet the specific needs of your insurance programme.

Revenue
$990K
Year founded
2014
Team size
9
2NOW Insurance logo
NOW Insurance

HOUSTON, Texas, United States

AI-powered InsurTech delivering customizable and affordable coverage options that meet the needs of modern physicians and health care providers.

Revenue
$961.4K
Year founded
2019
Team size
19
3Yaoyao logo
Yaoyao

China

Yaoyao develops SaaS tools and auto insurance products.

Revenue
$915.6K
Year founded
2015
Team size
11
4Tautona AI logo
Tautona AI

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.

Revenue
$880K
Year founded
2017
Team size
8
5RemitRix logo
RemitRix

Ramat Gan, Tel Aviv District, Israel

At RemitRix, we deliver next-generation risk management solutions tailored for insurance companies and pension funds. Our state-of-the-art cloud-based platform empowers actuaries, CFOs, and risk managers to gain unparalleled insights into capital and risk capital, facilitating informed decision-making and balance sheet optimization. Founded by industry experts with a deep understanding of Solvency II and IFRS 17, RemitRix is committed to revolutionizing financial risk management through innovative technology. Our solutions are designed to be agile, precise, and cost-effective, helping clients navigate complex regulatory environments with confidence. Our Mission: To transform financial risk management by providing intelligent, data-driven tools that enhance operational efficiency and strategic planning. Our Vision: To be the leading provider of advanced risk management solutions, driving innovation and excellence in the insurance industry. Key Features: - Comprehensive Capital and Risk Capital Management - Advanced Forecasting and Scenario Analysis - Balance Sheet Optimization - Compliance with Solvency II and IFRS 17 Why Choose RemitRix? Expertise: Over a decade of industry experience and technological innovation. Reliability: Proven solutions trusted by leading insurance companies and pension funds. Support: Dedicated customer service and continuous product enhancements. Explore how RemitRix can elevate your risk management capabilities. Connect with us today to learn more. Keywords: #Insurtech #RiskManagement #Insurance #PensionFunds #ActuarialScience #SolvencyII #IFRS17 #FinancialModeling #CloudSolutions

Revenue
$880K
Year founded
2017
Team size
8
6Alpi - AI for Insurance logo
Alpi - AI for Insurance

Switzerland

Less admin, more advising. The Swiss AI platform for insurance advisors.

Revenue
$880K
Year founded
2025
Team size
8
7InterGen Data logo
InterGen Data

Plano, Texas, United States

Developer of a financial platform intended to provide banking and insurance services. The company's offerings include products that can predict when their customer's most important life events might occur, what they will be, and how much of a financial impact that they could represent, enabling businesses to become more productive.

Revenue
$868.3K
Year founded
2017
Team size
7
8Quest Solution Inc logo
Quest Solution Inc

West Des Moines, Iowa, United States

Quest Software Inc. is a roadside assisstance and insurance solutions provider for the automotive industry.

Revenue
$848.9K
Year founded
1998
Team size
7
9GST Software, Inc. logo
GST Software, Inc.

Missoula, Montana, United States

GST Software's mission is to move the productivity of insurance professionals in their day-to-day tasks to a whole new level. We create innovative, user-friendly, comprehensive insurance submission solutions for Insurance Agents and GAs. Our objective is improved insurance submission process, seamlessly incorporated into insurance professional's daily routine. GST Software seeks to design solutions carefully listening to our users, securing the maximum applicability and user-friendliness of our software.

Revenue
$848.5K
Year founded
2016
Team size
7
10Mirror.me logo
Mirror.me

New York, New York, United States

Developer of collaborative testing software designed to bring clarity to claims, underwriting, and risk. The company's solutions leverage photo evidence to enable virtual claims, improve underwriting discipline with visual data, offers guided photo capture with recording templates, and more, enabling property and casualty insurers to streamline claims and underwriting with mobile photo and video.

Revenue
$842.9K
Year founded
2016
Team size
5

Frequently asked questions about Insurance Software Companies Under $1M Revenue

How many insurance software companies under $1M in annual revenue are there?

Latka tracks 64 insurance software companies under $1M in annual revenue. Together they generate $31.9M in annual revenue and employ 354 people.

Which insurance software company under $1M in annual revenue is the largest?

InsuredHQ is the largest, with $990K in annual revenue, founded in 2014.

How much revenue does a typical insurance software company under $1M in annual revenue make?

The average insurance software company in this list makes $498.2K a year, across 64 companies with reported revenue. They serve 19M customers combined.

Who are the leading Insurance software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are InsuredHQ, NOW Insurance, Yaoyao, Tautona AI and RemitRix.

How much funding have insurance software companies under $1M in annual revenue raised?

The 64 insurance software companies under $1M in annual revenue tracked here have raised $8.2M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- Must provide tools for managing policies, including creation, modification, and renewal. - Should support claims processing functionalities to handle the entire lifecycle of claims. - Needs to offer data analytics capabilities for risk assessment and business intelligence reporting. - Must facilitate compliance with industry regulations and standards. - Should be designed for use by insurance professionals, including agents and underwriters. - Not just for general financial services; must specifically address insurance-related operations.