Radar Companies Insurance Distribution · United States
Radar · Insurance Distribution in United States

Best Insurance Distribution Companies in United States

The 3693 best Insurance Distribution companies in United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: HUB International.

3693companies tracked
$17.2Bdisclosed funding
3unicorns
116have raised

$17.2 billion in disclosed funding across 3,693 tracked companies tells you something about the scale of appetite for Insurance Distribution in the United States right now. This directory ranks those companies by equity raised and recent funding momentum, and the numbers at the top are hard to ignore. Hub International alone accounts for $5.6B of that total. Devoted Health pulled $2.3B. M Financial Group sits at $310M. And the global market these players are competing for is forecast to grow from $210.4B to $337.3B by 2029, a clip of roughly 8.24% annually, driven partly by SaaS adoption and P&C advertising spend.

The revenue picture is where it gets interesting. Median revenue across validated filers sits at $178M, but the distribution is anything but flat. Health Net Inc filed $16.2B in revenue, up 332% year-over-year. That's not a typo. Primerica, Inc. posted $873M at 8% growth and netted $190M, roughly 7x the sector median net income. So when you're scanning this list, look past the funding headline. The combined revenue pool of tracked filers reaches $19.5B, and I'd argue that earned revenue number tells you more about real competitive weight than any funding round. App installs across insurance categories are also climbing, with median install growth at 24% YoY, a signal that distribution is increasingly a digital acquisition game.

Sources & further reading
  • Travel Insurance Guide: What It Covers And What It Doesn't For Your Trips
  • Is travel insurance worth it? What to know before taking your next trip
  • How to find the best travel insurance
FLIAR INTELLIGENCE · INSURANCE DISTRIBUTION × UNITED STATES

Our analysis of 50 Insurance Distribution companies

$16.7b in tracked funding; 79% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

50companies analysed
79%cloud-native stacks
2024funding peak (by rounds)
3unicorns
2009median founding year
1.5Mcombined LinkedIn audience
64%of audience held by top 3
6companies hiring publicly (12 mo)

Ranked: Best Insurance Distribution companies in United States

#CompanyDisclosed fundingLast roundStageEmployeesFoundedMarket signals (1y)Patents & 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 agoAcquired17,000199811 signals ▼76%
Leadership
2Devoted Health 🦄
Provider of healthcare insurance plans for individuals
87Funding top 10%Tech top 20%Moat top 20%Market top 25%
All 11 signals ▾
Fundingtop 10%
Techtop 20%
Moattop 20%
Markettop 25%
Producttop 27%
Talenttop 28%
Growthtop 32%
Innovationtop 33%
Customersbottom 45%
Globalbottom 39%
Newsbottom 18%
Funding: Raised $2.3B across 9 rounds · 9 rounds over 9 yrs (1.0/yr)
Tech: 37 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
rank vs industry peers · Fliar Intelligence Index 87/100
$2.3B4 mo agoSeries F1,841
1,841 → 2,197 (+19%) · sector median +30%
2017
3Bright HealthCare 🦄
Online health insurance platform for individuals and businesses
45Moat top 10%Funding top 26%Market bottom 49%Talent bottom 49%
All 5 signals ▾
Moattop 10%
Fundingtop 26%
Marketbottom 49%
Talentbottom 49%
Globalbottom 37%
Moat: Editorial + unicorn rating 10/10 · Unicorn
Funding: Raised $1.6B across 5 rounds · 5 rounds over 10 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 45/100
$1.6B69 mo agoSeries E472015
4Nassau Financial Group
Provider of diversified insurance brokerage services
69Funding top 22%Tech top 27%Product top 32%Talent top 38%
All 8 signals ▾
Fundingtop 22%
Techtop 27%
Producttop 32%
Talenttop 38%
Growthtop 45%
Marketbottom 47%
Globalbottom 36%
Newsbottom 23%
Funding: Raised $1.2B across 4 rounds · 4 rounds over 14 yrs (0.3/yr)
Tech: 63 technologies across 4/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
rank vs industry peers · Fliar Intelligence Index 69/100
$1.2B17 mo agoSeries F49418513 job openings
5Lockton
Provider of risk management, insurance, and reinsurance brokerage services
72Market top 16%Funding top 17%Product top 36%Talent top 38%
All 9 signals ▾
Markettop 16%
Fundingtop 17%
Producttop 36%
Talenttop 38%
Innovationtop 49%
Techtop 49%
Patentstop 49%
Globalbottom 36%
Customersbottom 26%
Market: 10,128 employees (top 3% of Insurance Distribution)
Funding: Raised $600M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 72/100
$600M1 mo agoAcquired10,12819664 patents
Insurance analytics software for real-time visualization and coverage recommendation
1 expansion
6Highstreet Insurance Partners
Provider of independent insurance agency for liability, home, auto, personal, and business sectors
55Funding top 20%Tech top 40%Market top 48%Talent bottom 49%
All 5 signals ▾
Fundingtop 20%
Techtop 40%
Markettop 48%
Talentbottom 49%
Globalbottom 36%
Funding: Raised $550M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Tech: 28 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare
rank vs industry peers · Fliar Intelligence Index 55/100
$550M10 mo agoFunding Raised2,0002018
7BroadStreet Partners
Insurance brokerage providing co-ownership investment in independent agencies
40Funding top 40%Growth top 44%Market top 49%Global bottom 37%
All 6 signals ▾
Fundingtop 40%
Growthtop 44%
Markettop 49%
Globalbottom 37%
Techbottom 35%
Newsbottom 20%
Funding: Raised $510M across 1 rounds · 1 rounds over 14 yrs (0.1/yr)
Growth: Headcount 1,800 → 2,243 (+25%) across vintages · Web rank 50,000,000 → 10,000,000 YoY
rank vs industry peers · Fliar Intelligence Index 40/100
$510M115 mo agoSeries A2,2432001
8Constellation
Provider of insurance brokerage services
22Funding top 32%Patents top 47%Moat bottom 49%Global bottom 43%
All 7 signals ▾
Fundingtop 32%
Patentstop 47%
Moatbottom 49%
Globalbottom 43%
Marketbottom 38%
Innovationbottom 37%
Techbottom 21%
Funding: Raised $500M across 1 rounds · 1 rounds over 7 yrs (0.1/yr)
Patents: 12 patents matched (strict assignee match) · Latest publication 2015
rank vs industry peers · Fliar Intelligence Index 22/100
$500M79 mo agoSeries D189201512 patents
Patents concentrated in computing, sensing & instrumentation
9Alignment Health
Provider of health insurance services
82Fin. health top 21%Tech top 25%Funding top 29%Growth top 35%
All 9 signals ▾
Fin. healthtop 21%
Techtop 25%
Fundingtop 29%
Growthtop 35%
Markettop 37%
Talentbottom 40%
Moatbottom 38%
Globalbottom 32%
Newsbottom 31%
Fin. health: Revenue ~$2.7B (FY2023) · Net margin 0.6%
Tech: 52 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
rank vs industry peers · Fliar Intelligence Index 82/100
$375M75 mo agoPublic906
906 → 1,125 (+24%) · sector median +30%
20131 award
10Confie
Distributor of personal lines insurance for standard and non-standard markets
48News top 34%Funding top 35%Product top 42%Growth top 46%
All 8 signals ▾
Newstop 34%
Fundingtop 35%
Producttop 42%
Growthtop 46%
Markettop 50%
Techtop 50%
Moatbottom 38%
Globalbottom 37%
News: 3 BI events in 12 mo (of 17 tracked, 3 types) · Top themes: M&A, Announcements
Funding: Raised $345M across 2 rounds · 2 rounds over 16 yrs (0.1/yr)
rank vs industry peers · Fliar Intelligence Index 48/100
$345M91 mo agoAcquired2,122
2,122 → 1,384 (-35%) · sector median +30%
20083 signals
M&A · Announcements
2 job openings
11M Financial Group
Network of independent firms offering life insurance and financial services
37Funding top 23%Growth top 39%Product top 43%Moat bottom 49%
All 10 signals ▾
Fundingtop 23%
Growthtop 39%
Producttop 43%
Moatbottom 49%
Patentsbottom 47%
Techbottom 45%
Globalbottom 40%
Innovationbottom 37%
Marketbottom 35%
Newsbottom 27%
Funding: Raised $310M · Last round Series E (Mar 2026)
Growth: Headcount 247 → 272 (+10%) across vintages · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 37/100
$310M3 mo agoSeries E272
272 → 260 (-4%) · sector median +30%
197816 patents
Electronic banking transaction processing (ATMs) and integrated life insurance product management.
12Etifinance
Provider of insurance premium financing solutions for independent agents
13Funding top 47%Tech bottom 31%Market bottom 29%Global bottom 25%
All 4 signals ▾
Fundingtop 47%
Techbottom 31%
Marketbottom 29%
Globalbottom 25%
Funding: Raised $300M across 1 rounds · 1 rounds over 4 yrs (0.2/yr)
Tech: 10 technologies across 2/8 capability areas · Security: Hsts
rank vs industry peers · Fliar Intelligence Index 13/100
$300M51 mo agoFunding Raised202001
13Alera Group
Provider of HR, life & health insurance, general liability, and other services
72Tech top 24%Funding top 33%Innovation top 36%Product top 37%
All 11 signals ▾
Techtop 24%
Fundingtop 33%
Innovationtop 36%
Producttop 37%
Markettop 41%
Partnerstop 41%
Growthtop 48%
Moattop 48%
Talentbottom 49%
Globalbottom 32%
Newsbottom 24%
Tech: 55 technologies across 6/8 capability areas · Cloud: Akamai, Amazon Web Services
Funding: Raised $250M across 2 rounds · 2 rounds over 9 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 72/100
$250M38 mo agoAcquired4,0001995
14AssuredPartners
Provider of life insurance, risk management, and other services
53Tech top 28%Innovation top 30%Funding top 35%News top 36%
All 10 signals ▾
Techtop 28%
Innovationtop 30%
Fundingtop 35%
Newstop 36%
Producttop 37%
Growthbottom 48%
Talentbottom 48%
Moatbottom 38%
Globalbottom 37%
Marketbottom 26%
Tech: 40 technologies across 5/8 capability areas · Cloud: Azure, Cloudflare
Innovation: 3 product lines
rank vs industry peers · Fliar Intelligence Index 53/100
$219M140 mo agoAcquired1520119 signals ▼31%
M&A · Lawsuit · Leadership
15Amwins
Provider of property & casualty insurance services
67Funding top 21%Market top 36%Tech top 37%Product top 40%
All 10 signals ▾
Fundingtop 21%
Markettop 36%
Techtop 37%
Producttop 40%
Growthtop 42%
Talentbottom 49%
Innovationbottom 45%
Newsbottom 39%
Moatbottom 38%
Globalbottom 37%
Funding: Raised $215M across 21 rounds · 21 rounds over 19 yrs (1.1/yr)
Market: 7,200 employees (top 6% of Insurance Distribution) · Top-1,000,000 web property
rank vs industry peers · Fliar Intelligence Index 67/100
$215M1 mo agoAcquired7,2002001
16Fortegra
Provider of specialty insurance and warranty solutions
64Innovation top 20%Product top 26%Funding top 32%News top 39%
All 10 signals ▾
Innovationtop 20%
Producttop 26%
Fundingtop 32%
Newstop 39%
Growthtop 40%
Partnerstop 40%
Techtop 46%
Markettop 50%
Talentbottom 49%
Globalbottom 29%
Innovation: 11 product lines
Product: 11 distinct product lines · Company stage: Acquired
rank vs industry peers · Fliar Intelligence Index 64/100
$200M47 mo agoAcquired72719783 signals ▲50%
Contracts · Acquisition
2 awards
17IMA Financial Group
Diversified financial services company
80Innovation top 20%Funding top 21%Product top 25%Growth top 29%
All 10 signals ▾
Innovationtop 20%
Fundingtop 21%
Producttop 25%
Growthtop 29%
Talenttop 29%
Newstop 33%
Markettop 43%
Partnerstop 45%
Techtop 46%
Globalbottom 41%
Innovation: 12 product lines
Funding: Raised $200M across 6 rounds · 6 rounds over 6 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 80/100
$200M1 mo agoSeries C2,70319748 signals
Leadership
18Health Net
Provider of health plans and related services
67Market top 24%Funding top 31%Fin. health top 34%Tech top 46%
All 7 signals ▾
Markettop 24%
Fundingtop 31%
Fin. healthtop 34%
Techtop 46%
Growthbottom 46%
Globalbottom 32%
Newsbottom 27%
Market: 2,600 employees (top 13% of Insurance Distribution) · Revenue ~$13.6B
Funding: Raised $175M · 3 rounds over 19 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 67/100
$175M12 mo agoAcquired2,6001977
19Worldwide Facilities
Provider of wholesale specialty insurance products and services
27Funding top 39%Talent bottom 49%Tech bottom 41%Market bottom 39%
All 6 signals ▾
Fundingtop 39%
Talentbottom 49%
Techbottom 41%
Marketbottom 39%
Globalbottom 29%
Newsbottom 27%
Funding: Raised $169M · Last round PE (Jul 2015)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 27/100
$169M131 mo agoAcquired1791970
20NSM Insurance Group
Provider of insurance brokerage services
62Innovation top 20%Product top 26%Growth top 40%Funding top 44%
All 9 signals ▾
Innovationtop 20%
Producttop 26%
Growthtop 40%
Fundingtop 44%
Markettop 47%
Talentbottom 49%
Globalbottom 32%
Techbottom 29%
Newsbottom 21%
Innovation: 7 product lines
Product: 7 distinct product lines · Company stage: Acquired
rank vs industry peers · Fliar Intelligence Index 62/100
$160M120 mo agoAcquired6542011
21Skyward Specialty Insurance
Provider of property and casualty insurance services
76Fin. health top 17%Funding top 33%Growth top 38%Market top 42%
All 9 signals ▾
Fin. healthtop 17%
Fundingtop 33%
Growthtop 38%
Markettop 42%
Newstop 42%
Techtop 46%
Talenttop 46%
Moatbottom 38%
Globalbottom 37%
Fin. health: Revenue ~$1.4B (FY2024) · Net margin 1493.9%
Funding: Raised $158M across 5 rounds · 5 rounds over 15 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 76/100
$158M84 mo agoPublic448
448 → 609 (+36%) · sector median +30%
200713 signals
Earnings · Leadership · Regulatory
1 expansion
22Propel Insurance
Diversified insurance broker
45Tech top 44%Growth top 45%Funding top 47%Market bottom 42%
All 6 signals ▾
Techtop 44%
Growthtop 45%
Fundingtop 47%
Marketbottom 42%
Globalbottom 29%
Newsbottom 22%
Tech: 40 technologies across 3/8 capability areas · Cloud: Amazon Web Services, Cloudflare
rank vs industry peers · Fliar Intelligence Index 45/100
$155M97 mo agoAcquired5801923
23Advise Insurance
Medical insurance brokerage firm
24Funding top 41%Global bottom 36%Market bottom 33%
All 3 signals ▾
Fundingtop 41%
Globalbottom 36%
Marketbottom 33%
Funding: Raised $100M across 1 rounds · 1 rounds over 5 yrs (0.2/yr)
Global: Investors from 1 country beyond United States
rank vs industry peers · Fliar Intelligence Index 24/100
$100M63 mo agoSeries D1212017
24INSURICA
Provider of specialized insurance programs for businesses and individuals
62Innovation top 20%Product top 25%Growth top 38%Tech top 41%
All 8 signals ▾
Innovationtop 20%
Producttop 25%
Growthtop 38%
Techtop 41%
Fundingtop 44%
Newstop 44%
Marketbottom 46%
Globalbottom 25%
Innovation: 10 product lines
Product: 10 distinct product lines · Company stage: Series C
rank vs industry peers · Fliar Intelligence Index 62/100
$84M34 mo agoSeries C6101959
25Gold Kidney
Provider of Medicare Advantage plans specializing in chronic conditions
27Product top 37%Growth top 45%Funding top 49%Tech bottom 48%
All 7 signals ▾
Producttop 37%
Growthtop 45%
Fundingtop 49%
Techbottom 48%
Globalbottom 33%
Marketbottom 31%
Customersbottom 6%
Product: 1 published app (1.8k installs) · Company stage: PE
rank vs industry peers · Fliar Intelligence Index 27/100
$60M41 mo agoLate Stage602021
26Indigo
Provider of medical professional liability insurance with rigorous defense and competitive rates
62Patents top 20%Innovation top 23%Funding top 30%Growth top 35%
All 9 signals ▾
Patentstop 20%
Innovationtop 23%
Fundingtop 30%
Growthtop 35%
Talenttop 38%
Moattop 44%
Techbottom 48%
Globalbottom 37%
Marketbottom 27%
Patents: 355 patents matched (strict assignee match) · 152 filings since 2022 vs 185 in 2017-21
Innovation: 355 patents (top 7% of patent-holders) · 152 filings since 2022 vs 185 in 2017-21
rank vs industry peers · Fliar Intelligence Index 62/100
$50M4 mo agoSeries B2023355 patents
Patents concentrated in health & consumer products
27Cover Whale
Provider of commercial truck insurance, saving wholesale and retail insurance
55News top 30%Funding top 32%Growth top 35%Tech top 35%
All 9 signals ▾
Newstop 30%
Fundingtop 32%
Growthtop 35%
Techtop 35%
Moattop 48%
Producttop 49%
Talentbottom 49%
Marketbottom 35%
Globalbottom 29%
News: 4 BI events in 12 mo (of 19 tracked, 3 types) · Top themes: Funding
Funding: Raised $43.0M across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
rank vs industry peers · Fliar Intelligence Index 55/100
$43M10 mo agoSeries B13120194 signals
Funding
28Boost
Provider of infrastructure for digital insurance programs, MGAs, and embedded insurance
35Moat top 31%Growth top 35%Funding top 36%Tech top 42%
All 9 signals ▾
Moattop 31%
Growthtop 35%
Fundingtop 36%
Techtop 42%
Talentbottom 49%
Patentsbottom 47%
Innovationbottom 45%
Globalbottom 40%
Marketbottom 15%
Moat: Editorial + unicorn rating 7/10 · IP moat: 12 patents
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 35/100
$37M22 mo agoSeries B2201712 patents
Patents concentrated in health & consumer products
29Florida One Insurance
Provider of car insurance services
11Funding bottom 49%Tech bottom 40%Growth bottom 35%Global bottom 25%
All 5 signals ▾
Fundingbottom 49%
Techbottom 40%
Growthbottom 35%
Globalbottom 25%
Marketbottom 22%
Funding: Raised $34.3M · 1 rounds over 3 yrs (0.3/yr)
Tech: 16 technologies across 2/8 capability areas · Security: Hsts, Recaptcha
rank vs industry peers · Fliar Intelligence Index 11/100
$34M31 mo agoFunding Raised412014
30HealthBridge
Health insurance distributor
40News top 30%Funding top 32%Growth top 38%Tech bottom 47%
All 6 signals ▾
Newstop 30%
Fundingtop 32%
Growthtop 38%
Techbottom 47%
Globalbottom 32%
Marketbottom 25%
News: 5 BI events in 12 mo (of 8 tracked, 4 types) · 1 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding: Raised $33.2M across 7 rounds · 7 rounds over 9 yrs (0.8/yr)
rank vs industry peers · Fliar Intelligence Index 40/100
$33M6 mo agoSeries C4020175 signals
Hiring · Capital raise · M&A
31Aidentified
Diversified insurance brokerage firm
42Innovation top 29%Product top 33%Talent top 38%Funding bottom 48%
All 7 signals ▾
Innovationtop 29%
Producttop 33%
Talenttop 38%
Fundingbottom 48%
Globalbottom 29%
Marketbottom 25%
Newsbottom 20%
Innovation: 3 new-product events in 24 mo
Product: 1 product launch event in 12 mo, 2 the year before · Company stage: Series B
rank vs industry peers · Fliar Intelligence Index 42/100
$33M24 mo agoSeries B422018
32Rosemary Holding
Provider of insurance brokerage services
14Funding bottom 41%Global bottom 25%
All 2 signals ▾
Fundingbottom 41%
Globalbottom 25%
Funding: Raised $30.2M · 1 rounds over 4 yrs (0.2/yr)
Global: Single-market focus (United States)
rank vs industry peers · Fliar Intelligence Index 14/100
$30M50 mo agoSeries C1963
33Holmes Murphy & Associates
P&C insurance brokerage firm
64Innovation top 20%Product top 25%Tech top 44%Funding top 46%
All 9 signals ▾
Innovationtop 20%
Producttop 25%
Techtop 44%
Fundingtop 46%
Growthtop 47%
Marketbottom 49%
Talentbottom 49%
Newsbottom 43%
Globalbottom 30%
Innovation: 11 product lines
Product: 11 distinct product lines · Company stage: Series C
rank vs industry peers · Fliar Intelligence Index 64/100
$26M12 mo agoSeries C951
951 → 1,302 (+37%) · sector median +30%
1996
34Leavitt
Network of independent insurance agencies offering commercial, employee benefits, and personal insurance
60Innovation top 30%Growth top 32%Product top 36%Market top 46%
All 8 signals ▾
Innovationtop 30%
Growthtop 32%
Producttop 36%
Markettop 46%
Fundingbottom 49%
Techbottom 48%
Globalbottom 30%
Newsbottom 22%
Innovation: 3 product lines
Growth: Headcount 2,006 → 2,411 (+20%) across vintages · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 60/100
$25M19 mo agoSeries C2,4111952
35SureCo
Healthcare focused insurance brokerage firm
60Growth top 28%Tech top 33%Funding top 36%Talent top 38%
All 9 signals ▾
Growthtop 28%
Techtop 33%
Fundingtop 36%
Talenttop 38%
Innovationtop 45%
Producttop 46%
Newsbottom 42%
Globalbottom 29%
Marketbottom 28%
Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Tech: 36 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
rank vs industry peers · Fliar Intelligence Index 60/100
$23M8 mo agoSeries A10320151 award
36Sigo Seguros
Provider of digital platform offering automobile insurance policies and related services
42Tech top 25%Funding top 31%Growth top 45%Product top 47%
All 8 signals ▾
Techtop 25%
Fundingtop 31%
Growthtop 45%
Producttop 47%
Talentbottom 49%
Globalbottom 36%
Marketbottom 27%
Newsbottom 18%
Tech: 47 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services
Funding: Raised $22.7M across 6 rounds · 6 rounds over 7 yrs (0.9/yr)
rank vs industry peers · Fliar Intelligence Index 42/100
$23M22 mo agoSeries A182017
37Novella
Provider of wholesale insurance brokerage services for commercial and specialty lines
55Funding top 34%Talent bottom 49%Global bottom 33%
All 3 signals ▾
Fundingtop 34%
Talentbottom 49%
Globalbottom 33%
Funding: Raised $21.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 55/100
$21M1 mo agoSeries B20241 expansion
38Higginbotham
Provider of independent insurance brokerage and risk management services
62News top 25%Growth top 27%Market top 42%Talent bottom 49%
All 8 signals ▾
Newstop 25%
Growthtop 27%
Markettop 42%
Talentbottom 49%
Techbottom 47%
Fundingbottom 45%
Partnersbottom 35%
Globalbottom 32%
News: 5 BI events in 12 mo (of 17 tracked, 3 types) · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo
Growth: 2 acquisition/expansion moves in 24 mo
rank vs industry peers · Fliar Intelligence Index 62/100
$19M26 mo agoUnfunded2,50019485 signals
M&A · Leadership · Contracts
1 expansion
39Modern Life
Provider of insurance advisory services
48Talent top 28%Growth top 35%Funding top 40%News top 44%
All 8 signals ▾
Talenttop 28%
Growthtop 35%
Fundingtop 40%
Newstop 44%
Techtop 50%
Moatbottom 38%
Globalbottom 37%
Marketbottom 23%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 48/100
$15M6 mo agoSeries A282021
40Insurance Office of America
Insurance solutions, risk management, and employee benefits for diverse industries
69Growth top 21%Fin. health top 31%Funding top 42%Tech top 42%
All 7 signals ▾
Growthtop 21%
Fin. healthtop 31%
Fundingtop 42%
Techtop 42%
Markettop 50%
Globalbottom 37%
Newsbottom 34%
Growth: Revenue +934% YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$5.4M · Revenue +934% YoY
rank vs industry peers · Fliar Intelligence Index 69/100
$11M8 mo agoSeries B1,32919882 awards
41CAC Group
Provider of insurance brokerage and advisory services across various sectors
24Talent bottom 49%Funding bottom 44%Tech bottom 44%Growth bottom 35%
All 5 signals ▾
Talentbottom 49%
Fundingbottom 44%
Techbottom 44%
Growthbottom 35%
Globalbottom 25%
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $10.2M across 2 rounds · 2 rounds over 4 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 24/100
$10M36 mo agoAcquired1997
42Juno kids
Provider of disability insurance services
13Talent bottom 49%Funding bottom 47%Tech bottom 45%Global bottom 32%
All 5 signals ▾
Talentbottom 49%
Fundingbottom 47%
Techbottom 45%
Globalbottom 32%
Marketbottom 16%
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $8.5M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 13/100
$8M23 mo agoSeries A20181 award
43XPT
Wholesale insurance brokerage specializing in niche markets
64Growth top 13%Innovation top 20%Talent top 28%Product top 30%
All 9 signals ▾
Growthtop 13%
Innovationtop 20%
Talenttop 28%
Producttop 30%
Fundingbottom 48%
Globalbottom 37%
Marketbottom 36%
Techbottom 32%
Newsbottom 18%
Growth: Headcount 83 → 203 (+145%) across vintages · Fresh capital in last 24 mo
Innovation: 12 product lines
rank vs industry peers · Fliar Intelligence Index 64/100
$6M18 mo agoSeries B203
203 → 278 (+37%) · sector median +30%
20171 job opening · 1 award
44Liberty Company
Provider of commercial, personal, and employee benefits insurance solutions
42Growth top 21%Tech top 41%Funding top 46%Moat bottom 49%
All 8 signals ▾
Growthtop 21%
Techtop 41%
Fundingtop 46%
Moatbottom 49%
Marketbottom 41%
Patentsbottom 38%
Globalbottom 37%
Innovationbottom 27%
Growth: Headcount 63 → 287 (+356%) across vintages · Fresh capital in last 24 mo
Tech: 43 technologies across 4/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 42/100
$4M16 mo agoSeries A287
287 → 562 (+96%) · sector median +30%
19878 patents
Pipe handling and transport equipment for construction and infrastructure projects
45Sertis
Provider of property insurance brokerage services
13Talent bottom 49%Funding bottom 37%Global bottom 29%Market bottom 28%
All 5 signals ▾
Talentbottom 49%
Fundingbottom 37%
Globalbottom 29%
Marketbottom 28%
Newsbottom 22%
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $3.2M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 13/100
$3M26 mo agoSeed5020221 job opening
46Walnutrisk
Comprehensive insurance solutions tailored for commercial, personal, and specific industry needs
13Funding bottom 44%Tech bottom 30%Global bottom 25%
All 3 signals ▾
Fundingbottom 44%
Techbottom 30%
Globalbottom 25%
Funding: Raised $3.1M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Tech: 8 technologies across 2/8 capability areas · Security: Recaptcha
rank vs industry peers · Fliar Intelligence Index 13/100
$3M15 mo agoSeries A152013
47Protecdiv
Diversified insurance brokerage firm
6Talent bottom 49%Funding bottom 40%Global bottom 30%Market bottom 10%
All 4 signals ▾
Talentbottom 49%
Fundingbottom 40%
Globalbottom 30%
Marketbottom 10%
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $1.6M across 2 rounds · 2 rounds over 6 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 6/100
$2M19 mo agoSeries A52018
48Piedmont Triad Insurance
Provider of online casino games and mobile applications
32Innovation top 20%Product top 32%Growth top 45%Talent bottom 49%
All 8 signals ▾
Innovationtop 20%
Producttop 32%
Growthtop 45%
Talentbottom 49%
Fundingbottom 41%
Techbottom 30%
Globalbottom 25%
Marketbottom 23%
Innovation: 10 product lines
Product: 10 distinct product lines · Company stage: Conventional Debt
rank vs industry peers · Fliar Intelligence Index 32/100
$1M21 mo agoFunding Raised272007
49Beacon Title Agency
Provider of title insurance and real estate transaction services
11Innovation top 40%Product top 46%Funding bottom 45%Talent bottom 45%
All 7 signals ▾
Innovationtop 40%
Producttop 46%
Fundingbottom 45%
Talentbottom 45%
Globalbottom 25%
Techbottom 16%
Marketbottom 11%
Innovation: 2 product lines
Product: 2 distinct product lines · Company stage: Series A
rank vs industry peers · Fliar Intelligence Index 11/100
$615K5 mo agoSeries A72007
50Marpai
Provider of data analysis services leveraging AI aimed at healthcare sector
37Talent top 38%Tech top 47%Funding top 48%Market top 49%
All 9 signals ▾
Talenttop 38%
Techtop 47%
Fundingtop 48%
Markettop 49%
Globalbottom 36%
Fin. healthbottom 36%
Partnersbottom 35%
Growthbottom 31%
Newsbottom 23%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Tech: 35 technologies across 4/8 capability areas · Cloud: Amazon Ses, Amazon Web Services
rank vs industry peers · Fliar Intelligence Index 37/100
$200K8 mo agoPublic30320191 expansion

Top 12 Insurance Distribution companies in United States

#1
Series F · Eagan, Minnesota · founded 2017 · 1841 employees
$2.3Braised

Provider of healthcare insurance plans for individuals. It offers medicare plans and insurance benefits for various healthcare services with benefits and savings, including dental and over-the-counter benefits. It also offers plans for doctor visit, dental and vision protection, hospitals treatment coverage, and more. Also offers insurance comparison guide devoted to health.

Fliar Intelligence Index™ 87how this company ranks against its industry peers
Funding
top 10%
Tech
top 20%
Moat
top 20%
Market
top 25%
Product
top 27%
Talent
top 28%
Funding: Raised $2.3B across 9 rounds · 9 rounds over 9 yrs (1.0/yr) · Last round Series F (Jan 2026)
Tech: 37 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Moat: Editorial + unicorn rating 10/10 · Decacorn · 9 curated direct competitors tracked
Audience (LinkedIn): 64k LinkedIn followers — 4.2% of this cohort's audience
Hiring (LinkedIn): 3 hiring posts in 12 mo (public) · hiring: Preventative Primary Care APP, NPs/PAs
Activity (LinkedIn): 3 awards announced in 12 mo
Funding rounds
  • Jan 2026Series F$317M
  • Nov 2025Series F$48M
  • Aug 2024Series E$112M
  • Dec 2023Series E$175M
Founders & team
Todd ParkCo-FounderEd ParkCo-Founder & Co-CEOSuad HashiCo-CEO
Investors
Andreessen Horowitz, Uprising Capital, F-Prime Capital, Venrock, Obvious Ventures, Cox Enterprises
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAnt DesignApolloApple Icloud Mail
#2
Acquired · Kansas City, Missouri · founded 1966 · 10128 employees
$600Mraised

Provider of risk management, insurance, and reinsurance brokerage services. The company offers detailed reviews and analysis of business operations and risk profiles. It delivers expertise in the insurance market. The company combines knowledge of the market with a global network.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Market
top 16%
Funding
top 17%
Product
top 36%
Talent
top 38%
Innovation
top 49%
Tech
top 49%
Market: 10,128 employees (top 3% of Insurance Distribution)
Funding: Raised $600M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Conventional Debt (May 2026)
Product: 2 published apps (250k installs) · Company stage: Acquired
Audience (LinkedIn): 590k LinkedIn followers — 38.2% of this cohort's audience
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • May 2026Conventional Debt$600M
Founders & team
Jack LocktonFounderRon LocktonChairman and CEO
Tech stack
Node.JsMuiReactNext.JsStyled-ComponentsEmotion
#3
Acquired · Charlotte, North Carolina · founded 2001 · 7200 employees
$214.5Mraised

Provider of property & casualty insurance services

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Funding
top 21%
Market
top 36%
Tech
top 37%
Product
top 40%
Growth
top 42%
Talent
bottom 49%
Funding: Raised $215M across 21 rounds · 21 rounds over 19 yrs (1.1/yr) · Last round Series D (Apr 2026)
Market: 7,200 employees (top 6% of Insurance Distribution) · Top-1,000,000 web property
Tech: 56 technologies across 4/8 capability areas · Cloud: Azure, Cloudflare · Observability: Microsoft Clarity
Audience (LinkedIn): 102k LinkedIn followers — 6.6% of this cohort's audience
Funding rounds
  • Apr 2026Series D$32.6M
  • Oct 2025Series D$35.3M
  • Apr 2025Series D$33.6M
  • Oct 2024Series D$32.5M
Founders & team
Scott PurvianceCEO
Investors
Ares Capital Corporation, PSP Investments, Dragoneer Investment Group, Parthenon Capital, Newlight Partners, LNC Partners
Tech stack
Animate.CssAosApache Http ServerApple Icloud MailAzureAzure Edge Network
#4
Series C · Wichita, Kansas · founded 1974 · 2703 employees
$199.7Mraised

IMA Financial Group, Inc. is a diversified financial services company providing business, personal, specialty, wealth management related services

Fliar Intelligence Index™ 80how this company ranks against its industry peers
Innovation
top 20%
Funding
top 21%
Product
top 25%
Growth
top 29%
Talent
top 29%
News
top 33%
Innovation: 12 product lines
Funding: Raised $200M across 6 rounds · 6 rounds over 6 yrs (1.0/yr) · Last round Unattributed (May 2026)
Product: 12 distinct product lines · Company stage: Series C
Audience (LinkedIn): 47k LinkedIn followers — 3.0% of this cohort's audience
Funding rounds
  • May 2026Unattributed$4.1M
  • Dec 2023Unattributed$11.3M
  • Oct 2023Unattributed$15.3M
  • Aug 2023Unattributed$100K
Founders & team
James KrantzFounderRobert CohenChairman and CEO
Investors
New Mountain Capital, SkyKnight Capital, The Stephens Group
Tech stack
Animate.CssBootstrapCdnjsCloudflareCloudflare Bot ManagementContact Form 7
#5
Series E · Portland, Oregon · founded 1978 · 272 employees
$310Mraised

Network of independent firms offering life insurance and financial services to high-net-worth individuals and businesses. It provides access to exclusive products and services developed through partnerships with leading insurance carriers. These offerings encompass life insurance, executive benefits, and wealth solutions. The network also offers support services, digital platforms, and professional development programs for its member firms and clients. Investment management services are provided, rooted in academic research and vetted by experts. The firm facilitates collaboration among member firms and partners to create tailored solutions.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Funding
top 23%
Growth
top 39%
Product
top 43%
Moat
bottom 49%
Patents
bottom 47%
Tech
bottom 45%
Funding: Raised $310M · Last round Series E (Mar 2026) · Backed by 1 investors; strongest: Kepler Cheuvreux Invest
Growth: Headcount 247 → 272 (+10%) across vintages · Fresh capital in last 24 mo
Product: 0 product launch events in 12 mo · 1 published app (98 installs) · Company stage: Series E
Audience (LinkedIn): 9k LinkedIn followers
Investors
Kepler Cheuvreux Invest
Tech stack
WebflowJquery-PjaxCloudflareJqueryGoogle Tag ManagerGoogle Hosted Libraries
#6
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 — 18.8% 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
#7
Funding Raised · Traverse City, Michigan · founded 2018 · 2000 employees
$550Mraised

Provider of independent insurance agency for liability, home, auto, personal, and business sectors

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 20%
Tech
top 40%
Market
top 48%
Talent
bottom 49%
Global
bottom 36%
Funding: Raised $550M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Conventional Debt (Aug 2025)
Tech: 28 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Devops: Varnish
Market: 2,000 employees (top 24% of Insurance Distribution) · Top-5,000,000 web property
Audience (LinkedIn): 5k LinkedIn followers
Funding rounds
  • Aug 2025Conventional Debt$550M
Founders & team
Scott WickFounder & CEO
Investors
Ares Capital, Penfund
#8
Series B · New York, New York · founded 2024
$21Mraised

Provider of wholesale insurance brokerage services for commercial and specialty lines. The company offers access to various markets for property, liability, and other commercial insurance products. It provides brokers with tools for submission tracking and quote management. The company focuses on assisting brokers in securing coverage for complex customer needs.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 34%
Talent
bottom 49%
Global
bottom 33%
Funding: Raised $21.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series B (May 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Single-market focus (United States)
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • May 2026Series B$21M
Founders & team
Max KaneCEO
Investors
Brewer Lane Ventures, BoxGroup, Crystal Venture Partners, SV Angel, Avid Ventures, Verissimo Ventures
#9
Series B · Nashville, Tennessee · founded 2023
$50Mraised

Indigo is an insurance company that provides medical professional liability insurance to physicians and groups. They offer rigorous defense and competitive rates, allowing physicians to focus on their patients rather than their insurance coverage. Indigo enables physicians to quickly get fully covered with easy access to quotes, coverage information, and support.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Patents
top 20%
Innovation
top 23%
Funding
top 30%
Growth
top 35%
Talent
top 38%
Moat
top 44%
Patents: 355 patents matched (strict assignee match) · 152 filings since 2022 vs 185 in 2017-21 · Latest publication 2026
Innovation: 355 patents (top 7% of patent-holders) · 152 filings since 2022 vs 185 in 2017-21
Funding: Raised $50.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series B (Jan 2026)
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
  • Jan 2026Series B$50M
Founders & team
Braden DavisCo-FounderJared KaplanCo-Founder & CEO
Investors
Rubicon Founders, Town Hall Ventures, Optum Ventures, Oak HC/FT
Tech stack
Apple Icloud MailBootstrapCloudflareCore-JsFacebook PixelGoogle Analytics
#10
Series F · Hartford, Connecticut · founded 1851 · 494 employees
$1.2Braised

Provider of diversified insurance brokerage services

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Funding
top 22%
Tech
top 27%
Product
top 32%
Talent
top 38%
Growth
top 45%
Market
bottom 47%
Funding: Raised $1.2B across 4 rounds · 4 rounds over 14 yrs (0.3/yr) · Last round Series F (Jan 2025)
Tech: 63 technologies across 4/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Security: Cloudflare Bot Management, Hsts
Product: 1 published app (300 installs) · Company stage: Series F
Audience (LinkedIn): 8k LinkedIn followers
Hiring (LinkedIn): 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Senior Analyst - Investment Accounting, Customer Service Representative
Funding rounds
  • Jan 2025Series F$200M
  • Feb 2024Conventional Debt$250M
  • Sep 2023Series E$130M
  • Jan 2021Series D$100M
Founders & team
Phil GassCo-Founder & CEOKostas CheliotisCo-Founder
Investors
Fortress, Wilton Re, Stone Point Capital, RBC Capital Markets, Golden Gate Capital, Golub Capital
Tech stack
ActivecampaignAmazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAos
#11
Series C · Grand Rapids, Michigan · founded 2017 · 40 employees
$33.2Mraised

Health insurance distributor

Fliar Intelligence Index™ 40how this company ranks against its industry peers
News
top 30%
Funding
top 32%
Growth
top 38%
Tech
bottom 47%
Global
bottom 32%
Market
bottom 25%
News: 5 BI events in 12 mo (of 8 tracked, 4 types) · 1 high-value events (IPO/M&A/funding/contracts) in 12 mo · Top themes: Hiring, M&A, Capital raise
Funding: Raised $33.2M across 7 rounds · 7 rounds over 9 yrs (0.8/yr) · Last round Conventional Debt (Nov 2025)
Growth: Headcount 37 → 40 (+8%) across vintages · Web rank 10,000,000 → 50,000,000 YoY · 1 acquisition/expansion move in 24 mo
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Nov 2025Conventional Debt$20M
  • Aug 2024Series C$17.9M
  • Apr 2023Series B$8.4M
  • May 2021Series B$14.2M
Investors
ManchesterStory Group, Magnetar, Des Moines, 4490 Ventures, Michigan Capital Network, Woodward Angels
Tech stack
AccessibeApple Icloud MailCloudflareCloudflare Bot ManagementDetectifyGoogle Analytics
#12
Acquired · Los Angeles, California · founded 1977 · 2600 employees
$175Mraised

Provider of health plans and related services. This entity offers health insurance plans for individuals, families, and businesses of all sizes, including Medi-Cal and Medicare plans. Additional services encompass behavioral health, pharmacy benefits, and support programs. The company also facilitates access to a provider network and offers various resources for members, including online tools and language assistance. They provide forms and brochures for various plan types and offer support for claims processing.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Market
top 24%
Funding
top 31%
Fin. health
top 34%
Tech
top 46%
Growth
bottom 46%
Global
bottom 32%
Market: 2,600 employees (top 13% of Insurance Distribution) · Revenue ~$13.6B · Top-500,000 web property
Funding: Raised $175M · 3 rounds over 19 yrs (0.2/yr) · Last round Grant (prize money) (2025)
Fin. health: Revenue ~$13.6B (FY2015) · Net margin 0.9% · Revenue -13% YoY
Investors
HRSA, HHS, US Department of Labor, Veterans Affairs
Tech stack
Adobe Audience ManagerAdobe Experience ManagerAdobe Experience Platform LaunchAkamaiAmazon CloudfrontAmazon Web Services

Funding & investor landscape

$17.2Btotal disclosed funding
129companies funded
220disclosed rounds
4rounds last 90 days
Most active investors
Stone Point Capital8 rounds
NewStar Financial7 rounds
Ares Capital Corporation5 rounds
BHMS Investments5 rounds
Century Equity Partners4 rounds
Flexpoint Ford4 rounds
HUB International4 rounds
HarbourVest Partners4 rounds
LNC Partners4 rounds
M2AFO4 rounds

Notable founders

Todd Park
Co-Founder · Devoted Health
Ed Park
Co-Founder & Co-CEO · Devoted Health
Jack Lockton
Founder · Lockton
Ron Lockton
Chairman and CEO · Lockton
Scott Purviance
CEO · Amwins
James Krantz
Founder · IMA Financial Group
Robert Cohen
Chairman and CEO · IMA Financial Group
Scott Wick
Founder & CEO · Highstreet Insurance Partners
Max Kane
CEO · Novella
Braden Davis
Co-Founder · Indigo
Jared Kaplan
Co-Founder & CEO · Indigo
Phil Gass
Co-Founder & CEO · Nassau Financial Group
Prism market signals · United States · country-scoped Prism corpus, 624,631 docs

Market landscape — 10 sub-themes by coverage

Share of Insurance Distribution coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · United States

How research on Insurtech is moving in the United States

A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 22 United States-affiliated papers.

top research entities
  • New York Life Insurance Company2
  • Film Independent2
  • University of Management and Technology2
  • AAA Foundation for Traffic Safety1
  • Temple University1
leading researchers
Maryam Saeed · Jeffrey P. Ebert · Catherine C. McDonald · Ruiying Xiong · Dina Abdel-Rahman · Neda Khan · Xin Che · Andre P. Liebenberg
Breakthroughs3 · 14%
0%→0% share
0 median citations100% since 2021mostly methods-led
Conceptual model and framework research newly emerging in U.S. insurtech — three foundational papers signal early theoretical groundwork.
rising sub-themes (early→recent)
  • Conceptual model1
  • Conceptual framework1
  • Marketing1
  • Knowledge management1
  • Originality1
Landmark Transforming life insurance buying: conceptual model for the adoption of Life InsurTech services in India · 1 cites
Advancements8 · 36%
0%→0% share
2 median citations88% since 2021mostly empirical
Actuarial science leads advancements with 2 rising papers; telematics and incentive research newly emerging alongside.
rising sub-themes (early→recent)
  • Actuarial science2
  • Telematics1
  • Incentive1
  • Poison control1
  • Baseline (sea)1
Landmark Usage-Based Insurance—Impact on Insurers and Potential Implications for InsurTech · 35 cites
Concerns3 · 14%
0%→0% share
0 median citations100% since 2021mostly reviews
Insurance law, geopolitics, and financial positioning concerns rising simultaneously — regulatory and macro risk research intensifying across U.S. insurtech.
rising sub-themes (early→recent)
  • Position (finance)1
  • Geopolitics1
  • Insurance law1
  • European union1
  • Index (typography)1
PATENT SIGNAL · United States

Who's filing insurtech patents in the United States

United States insurtech patent filing is steady — 15 filings from 7 assignees (2018–2025), led by State FARM Mutual Automobile Ins, Grunfeld ERIC, Allstate Insurance; annual filings 1→1.

15 filings7 assigneespeak 5/yr2018–2025
filing momentum (YoY 2018–2025)
top patent filers
  • State FARM Mutual Automobile Ins6
  • Grunfeld ERIC5
  • Allstate Insurance4
  • Clover Health3
  • Fiete Stephen2
  • Cripe Frederick F2
  • American Family Mutual Insurance1

Common questions

How many Insurance Distribution companies are there in United States?
Radar tracks 3693 indexable Insurance Distribution companies headquartered in United States that meet our profile-completeness bar.
What is the total funding raised by Insurance Distribution companies in United States?
The Insurance Distribution companies in United States on this list have raised a combined $17.2B in disclosed equity funding across 129 funded companies.
Which is the highest-funded Insurance Distribution company in United States?
HUB International is the highest-funded Insurance Distribution company in United States, with $5.6B in disclosed equity funding.
How many Insurance Distribution companies in United States are funded?
129 of the 3693 Insurance Distribution companies in United States on this list have disclosed at least one equity funding round.
How many Insurance Distribution unicorns are there in United States?
3 Insurance Distribution companies in United States on this list are valued at $1B or more.
Who are the top investors in United States Insurance Distribution companies?
The most active investors in United States Insurance Distribution companies on this list include Stone Point Capital, NewStar Financial, Ares Capital Corporation, BHMS Investments, Century Equity 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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