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The Insurtech 50 is CB Insights’ annual list of the 50 most promising private insurtech companies in the world. This year’s winners are working on everything from AI assistants to embedded insurance.
CB Insights has unveiled the third annual Insurtech 50 — a list of the 50 most promising private insurtech companies in the world.
Highlights from the 2024 cohort include:
- The 50 winners include 23 tech vendors and 27 insurers and intermediaries.
- $5.6B in equity funding raised over time, including $1B in 2024 so far (as of 8/19/24).
- Forty percent of winners are early-stage insurtechs addressing everything from wildfire risk to genAI-powered workflow automation.
- More than a dozen countries represented, spanning Asia, Australia, Europe, and North America.
- 500+ business relationships since 2020, including with industry leaders like Swiss Re and Tokio Marine.
The CB Insights research team picked winning companies based on CB Insights datasets, including deal activity, industry partnerships, team strength, investor strength, patent activity, employee headcount, and proprietary Commercial Maturity and Mosaic scores. They also dug into Analyst Briefings submitted directly to us by startups.
Download the complete insurtech 50 list here.
