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Radar · Insurance Carriers in Illinois

Best Insurance Carriers Companies in Illinois, United States

The 91 best Insurance Carriers companies in Illinois, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: HUB International.

91companies tracked
$6.6Bdisclosed funding
1unicorns
9have raised

Ranked: Best Insurance Carriers companies in Illinois

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1HUB International 🦄
Provider of investment advisory, insurance distribution, and risk management services
90Tech top 20%Funding top 23%Market top 24%Innovation top 25%
All 10 signals ▾
Techtop 20%
Fundingtop 23%
Markettop 24%
Innovationtop 25%
Moattop 31%
Producttop 37%
Growthtop 42%
Customerstop 42%
Newstop 50%
Globalbottom 39%
Tech: 84 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Funding: Raised $5.6B across 3 rounds · 3 rounds over 14 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 90/100
$5.6B13 mo agoAcquired—1998SitecoreBootstrapVimeo+34——
2Kemper
Provider of life, health, auto & business insurance services
$600M36 mo agoPublicJoseph Lacher
CEO and President
1990DrupalPHPAmazon Web Services+18——
3Zing Health
Provider of healthcare-focused insurance services
$165M20 mo agoSeries BKenneth A
Co-Founder
2019SalesforcePHPLeaflet+30—1 launch
4North American Company
Provider of life insurance services
$106M198 mo agoSeries D—1886LiferaySentryJava+16337 patents
Pipeline pipe‑joint sealing, locking devices and rail‑car door operating mechanisms
—
5State Farm
Provider of life, auto, health, mortgage, and other insurance services
$67M113 mo agoSeries C—1922Amazon WebstoreTypeScriptBootstrap+334,437 patents
Insurance risk assessment and claims automation via telematics, AR, ML, and imaging
—
6HDVI
Telematics-based data & monitoring solutions for auto insurers and fleet owners
$48M16 mo agoSeries CReid Spitz
President & Co-Founder
2018WordPressMySQLPHP+30——
7Mutual Trust
Life insurance company committed to protecting customer privacy and data security
$30M158 mo agoFunding Raised—1904Windows ServerMicrosoft ASP.NETAmazon ALB+9——
8Falcon Insurance Group
Auto insurance company
$14M140 mo agoSeries A—2011SalesforceKnockout.jsreCAPTCHA+13——
9BriteCo
Property insurance carrier
$14M22 mo agoSeries ADustin Lemick
Co-Founder & CEO
2017WordPressMySQLPHP+32—1 partnership
10Stellar National Life Insurance
Provider of life insurance services
$12M46 mo agoSeries BJohn Muscolino
CEO
————
11Southern Illinois Real Estate Title Center
Provider of residential and commercial title insurance
$171K78 mo agoSeed—2004———
12RLI Corp
Provider of business and personal insurance services
—152 mo agoPublicJonathan Michael
Chairman & Ceo
1965WebflowApple iCloud MailMicrosoft 365+15—1 job opening · 2 internships · 1 partnership
13CNA Insurance
Provides a wide range of standard and specialized insurance solutions for businesses and professionals
—165 mo agoPublicDoug Worman
Chairman & Chief Executive Officer
1897DrupalPHPTailwind CSS+23—1 award

Top 12 Insurance Carriers companies in Illinois

#1
Acquired · Chicago, Illinois · founded 1998 · 17000 employees
$5.6Braised
▾

Provider of investment advisory, insurance distribution, and risk management services

Fliar Intelligence Index™ 90how this company ranks against its industry peers
Tech
top 20%
Funding
top 23%
Market
top 24%
Innovation
top 25%
Moat
top 31%
Product
top 37%
Tech: 84 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Funding: Raised $5.6B across 3 rounds · 3 rounds over 14 yrs (0.2/yr) · Last round PE (May 2025)
Market: 17,000 employees (top 1% of Insurance Distribution) · Top-1,000,000 web property · Unicorn (valued $23.0B)
Audience (LinkedIn): 291k LinkedIn followers — 15.1% of this cohort's audience
Funding rounds
  • May 2025PE$1.6B
  • May 2023PE—
  • Nov 2018PE—
  • May 2018Conventional Debt$3.8B
Investors
Leonard Green and Partners, Altas, RBC Capital Markets, Morgan Stanley, Merrill Lynch, T. Rowe Price
Tech stack
Adobe AnalyticsAdobe Audience ManagerAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAmazon CloudfrontAmazon S3
#2
Series C · Chicago, Illinois · founded 2018 · 82 employees
$48.5Mraised
▾

HDVI provides telematics-based data & monitoring solutions for auto insurers and fleet owners. It offers solutions for fatigue analysis, compliance management, analyzing driving behavior, vehicle-related data management, and more. It also offers solutions for fleet management.

Funding rounds
  • Feb 2025Series C$40M
  • Aug 2021Series B$32.5M
  • Aug 2020Series A$16M
Founders & team
Reid SpitzPresident & Co-FounderChuck WallaceCEO
Investors
Munich Re Ventures, 8VC, Weatherford Capital, Daimler Trucks North America, Qualcomm Ventures, Autotech Ventures
Tech stack
6SenseAnimate.CssCloudflareCloudflare Bot ManagementCore-JsFacebook Pixel
#3
Series B · Chicago, Illinois · founded 2019 · 49 employees
$165Mraised
▾

Provider of healthcare-focused insurance services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Activity: 1 product launches · 1 partnerships (incl. Zing Health) announced in 12 mo
Funding rounds
  • Sep 2024Series B$140M
  • Dec 2021Series A$25M
  • May 2020Seed—
Founders & team
Kenneth ACo-FounderGarfield CollinsCo-Founder
Investors
Newlight Partners, Town Hall Ventures, Leavitt Equity Partners, Health2047, Health2047 Capital Partners, CRG
Tech stack
AccessibeAngularAnimate.CssAzureAzure Front DoorBootstrap
#4
Series A · Evanston, Illinois · founded 2017 · 23 employees
$13.7Mraised
▾

Developer of a cloud-based appraisal management system designed to provide jewelry and watch insurance. The company's system provides verified appraisals and immediate replacement coverage by the partner insurance carrier, enabling customers to get access to expert appraisals and immediate insurance coverage for their valuable accessories in a convenient manner.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 partnerships (incl. Reece Lopez) announced in 12 mo
Funding rounds
  • Aug 2024Series A$2.7M
  • Mar 2022Series A$9M
  • Mar 2019Seed$2M
Founders & team
Dustin LemickCo-Founder & CEOConor RedmondCo-FounderBen MautnerCo-Founder
Investors
Brand Foundry, Western Technology Investment, HPA, Slojo Investments
Tech stack
AddtoanyAddtoany Share ButtonsAhoyAuthorize.NetAwinCloudflare
#5
Public · Chicago, Illinois · founded 1990 · 9500 employees
$600.2Mraised
▾

Provider of life, health, auto & business insurance services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 67k LinkedIn followers — 3.5% of this cohort's audience
Funding rounds
  • 2023Grant (prize money)—
  • 2021Grant (prize money)$247.6K
  • Jun 2019Conventional Debt$450M
  • Feb 2014Conventional Debt$150M
Founders & team
Joseph LacherCEO and President
Investors
HRSA, Capital Z Partners
Tech stack
Acquia Cloud PlatformAkamaiAkamai MpulseAmazon CloudfrontAmazon Web ServicesBoomerang
#6
Series B · Chicago, Illinois
$12.5Mraised
▾

Provider of life insurance services

Founders & team
John MuscolinoCEOErick HarrisCEOJames StrezewskiCEO
#7
Series D · Chicago, Illinois · founded 1886 · 122 employees
$105.8Mraised
▾

Provider of life insurance services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers
Investors
Capital Z Partners
Tech stack
AlloyuiApache Http ServerBootstrapCore-JsDatatablesEmotion
#8
Series C · Bloomington, Illinois · founded 1922 · 54024 employees
$66.9Mraised
▾

State Farm is a group of insurance and financial services offering renters insurance, credit card, vehicle loan, auto insurance, life insurance, mortgage loan, home insurance, banking, education savings plan, health insurance, mutual funds, and individual retirement account. Their clientele includes individuals and business. In 2022, the company recorded annual revenues of $89.32B and a net loss of $6.65B.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 539k LinkedIn followers — 28.0% of this cohort's audience
Funding rounds
  • Jan 2017Series C$66.9M
Investors
OnRamp Insurance Conference
Tech stack
Adobe AnalyticsAdobe Audience ManagerAdobe Client Data LayerAdobe Experience ManagerAdobe Experience Platform Identity ServiceAkamai
#9
Funding Raised · Oak Brook, Illinois · founded 1904 · 123 employees
$30Mraised
▾

Life insurance company committed to protecting customer privacy and data security. They offer various insurance solutions and are dedicated to safeguarding confidential information. The company collects personal data to provide services, improve website experience, and for marketing communications with user consent. They share information with affiliates and service providers under strict confidentiality agreements and comply with legal requirements. The company implements security measures to protect personal data and respects user rights regarding data access, correction, and portability. They are committed to GDPR compliance, ensuring data privacy and security for customers and business partners. The company focuses on trust and transparency in handling personal information.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Apr 2013Conventional Debt$30M
Tech stack
Windows ServerMicrosoft Asp.NetAmazon Web ServicesIisJqueryAmazon Cloudfront
#10
Series A · Oak Brook, Illinois · founded 2011 · 72 employees
$14.5Mraised
▾

Auto insurance company

LinkedIn Pulse recent public activity · Jul 2026
Audience: 872 LinkedIn followers
Hiring: 2 hiring posts in 12 mo (public) · hiring: Territory Sales Representative
Funding rounds
  • Sep 2014Series A$14.5M
Investors
OCA Ventures
Tech stack
CloudflareCloudflare Bot ManagementCloudflare Browser InsightsCloudinaryFont AwesomeHsts
#11
Seed · Edwardsville, Illinois · founded 2004 · 7 employees
$171.2Kraised
▾

Provider of title insurance and professional services intended for all types of residential and commercial real estate transactions. The company offers comprehensive real estate insurance services including residential and commercial title insurance, settlement and closing services, property search services and exchange services, offering clients convenient real estate alternatives at a competitive price.

Funding rounds
  • Dec 2019Seed$20.1K
  • Oct 2019Seed$42.9K
  • Sep 2009Seed$108.1K
#12
Public · Peoria, Illinois · founded 1965 · 1099 employees
—raised
▾

Provider of business and personal insurance services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 29k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public)
Activity: 1 partnerships · 1 awards (incl. RLI Emerging Partners) announced in 12 mo
Founders & team
Jonathan MichaelChairman & Ceo
Tech stack
ActivecampaignApple Icloud MailBlazorCart FunctionalityCloudflareCloudflare Bot Management

Funding & investor landscape

$6.6Btotal disclosed funding
11companies funded
20disclosed rounds
0rounds last 90 days
Most active investors
Capital Z Partners2 rounds
8VC1 rounds
ATX Venture Partners1 rounds
Acumen1 rounds
AlpInvest Partners1 rounds
Alpha Wave Global1 rounds
Altas1 rounds
Autotech Ventures1 rounds
BIP Ventures1 rounds
Brand Foundry1 rounds

Notable founders

Reid Spitz
President & Co-Founder · HDVI
Chuck Wallace
CEO · HDVI
Kenneth A
Co-Founder · Zing Health
Garfield Collins
Co-Founder · Zing Health
Dustin Lemick
Co-Founder & CEO · BriteCo
Conor Redmond
Co-Founder · BriteCo
Joseph Lacher
CEO and President · Kemper
John Muscolino
CEO · Stellar National Life Insurance
Erick Harris
CEO · Stellar National Life Insurance
Jonathan Michael
Chairman & Ceo · RLI Corp
Doug Worman
Chairman & Chief Executive Officer · CNA Insurance
Prism market signals · United States · country-scoped Prism corpus, 11,621,656 docs

Market landscape — 10 sub-themes by coverage

Share of Insurance Carriers coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Insurance Carriers companies are there in Illinois, United States?
Radar tracks 91 indexable Insurance Carriers companies headquartered in Illinois, United States that meet our profile-completeness bar.
What is the total funding raised by Insurance Carriers companies in Illinois, United States?
The Insurance Carriers companies in Illinois, United States on this list have raised a combined $6.6B in disclosed equity funding across 11 funded companies.
Which is the highest-funded Insurance Carriers company in Illinois, United States?
HUB International is the highest-funded Insurance Carriers company in Illinois, United States, with $5.6B in disclosed equity funding.
How many Insurance Carriers companies in Illinois, United States are funded?
11 of the 91 Insurance Carriers companies in Illinois, United States on this list have disclosed at least one equity funding round.
How many Insurance Carriers unicorns are there in Illinois, United States?
1 Insurance Carriers company in Illinois, United States on this list is valued at $1B or more.
Who are the top investors in Illinois, United States Insurance Carriers companies?
The most active investors in Illinois, United States Insurance Carriers companies on this list include Capital Z Partners, 8VC, ATX Venture Partners, Acumen, AlpInvest Partners.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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