Best Insurance IT Companies in Germany
The 113 best Insurance IT companies in Germany in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Element.
Germany's Insurance IT sector has 113 tracked companies and $427M in disclosed funding, and this directory ranks them by equity raised and recent funding momentum to show you exactly where capital is concentrating.
Element leads the field at $139M, which is more than double the combined disclosed funding of the next several contenders. Omnius has pulled in $53M, Thinksurance $39M, and after that the numbers drop fast. Median install growth across insurance app categories sits at +24% YoY, which tells you mobile distribution is no longer optional. The global insurance technology market was valued around $4.47T in 2020 and is compounding at roughly 11% annually, with digital platforms and commercial litigation support emerging as the hottest product themes right now. I'd flag that regulatory scrutiny across European markets is tightening too, as recent supervisory fee developments in neighboring Italy signal the compliance cost curve that German insurtech operators will almost certainly face next. So the funding gap between Element and the rest of the pack isn't just a size story. It's a signal about which business models have the capital depth to absorb what's coming.
- ResearchAndMarkets.com
- IMARC Group
Ranked: Best Insurance IT companies in Germany
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Element Insurance as a service platform offering private property and casualty insurance 64Moat top 21%Patents top 22%Innovation top 25%Product top 25% All 9 signals ▾Moattop 21% Patentstop 22% Innovationtop 25% Producttop 25% Fundingtop 26% Growthtop 30% Techbottom 45% Marketbottom 42% Globalbottom 42% Moat: Editorial + unicorn rating 8/10 · IP moat: 56 patents Patents: 56 patents matched (strict assignee match) · 32 filings since 2022 vs 23 in 2017-21 rank vs industry peers · Fliar Intelligence Index 64/100 | $139M | 26 mo ago | 115 | 2016 | — | WebflowSalesforceAmazon Web Services+18 | 56 patents Advanced titanium‑based layered composites for PEM electrolyzer and fuel‑cell electrodes | — |
| 2 | Simplesurance Provider of a platform for accessing insurance and related technology | $78M | 66 mo ago | 120 | 2012 | Robin von Hein Founder & CEO | WordPressMySQLPHP+18 | 10 patents Digital insurance web platforms: UI optimization and product recommendation integration. | — |
| 3 | Omnius Provider of AI solutions for insurance claims processing and automation | $53M | 43 mo ago | 49 49 → 48 (-2%) | 2015 | Thomas Hauschild Chief Executive Officer | WordPressApple iCloud MailMicrosoft 365+41 | — | — |
| 4 | Coya Online platform that provides usage-based insurances 16Funding top 42%Tech bottom 43%Global bottom 39%Market bottom 36% All 5 signals ▾Fundingtop 42% Techbottom 43% Globalbottom 39% Marketbottom 36% Growthbottom 25% Funding: Raised $40.0M across 2 rounds · 2 rounds over 9 yrs (0.2/yr) Tech: 7 technologies across 3/8 capability areas · Cloud: Cloudflare, Heroku rank vs industry peers · Fliar Intelligence Index 16/100 | $40M | 96 mo ago | 54 | 2016 | — | — | — | — |
| 5 | Thinksurance Diversified software solutions for insurance distribution | $39M | 36 mo ago | 69 69 → 87 (+26%) | 2015 | Christopher Leifeld Co-Founder & Marketing Director | WordPressApple iCloud MailMicrosoft 365+24 | — | — |
| 6 | Teraki Provides AI-enabled edge processing platform for automotive industry | $16M | 41 mo ago | 48 | 2014 | — | WebflowMicrosoft 365jQuery+10 | 25 patents Automotive perception: radar interference mitigation, sensor fusion, and optimized image/video compression. | — |
| 7 | Friendsurance Business White-label solutions for insurance businesses | $15M | 123 mo ago | 86 86 → 53 (-38%) | 2010 | Tim Kunde Founder & Managing Director | — | — | 2 job openings |
| 8 | Joonko Internet first auto insurer 35Funding bottom 49%Talent bottom 45%Global bottom 36% All 3 signals ▾Fundingbottom 49% Talentbottom 45% Globalbottom 36% Funding: Raised $11.1M across 1 rounds · 1 rounds over 7 yrs (0.1/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 35/100 | $11M | 81 mo ago | — | 2019 | Eric Lange Co-Founder | — | — | — |
| 9 | Balance Re Provider of reinsurance solutions to life insurance companies | $10M | 58 mo ago | 20 | 2014 | Lucian Rautu Co-Founder | — | — | — |
| 10 | Claimsforce Claim management software for insurers | $8M | 70 mo ago | 26 | 2019 | — | — | — | — |
| 11 | Hakuna Provider of product authentication and protection software solutions for businesses | $6M | 45 mo ago | 15 | 2021 | Orhan Köroglu Founder & Co-CEO | Webflow EcommerceWebflowApple iCloud Mail+19 | — | — |
| 12 | muffintech Conversational AI platform for the insurance industry | $4M | 16 mo ago | — | 2021 | Tomas Gan Co-Founder | Framer SitesReactPostHog+7 | — | — |
| 13 | Awamo Microfinance management solution provider | $3M | 93 mo ago | 38 | 2015 | Benedikt Kramer Co-Founder | — | — | — |
| 14 | Nect Solutions for identity verification 72Growth top 28%Innovation top 30%Product top 32%Customers top 32% All 11 signals ▾Growthtop 28% Innovationtop 30% Producttop 32% Customerstop 32% Techtop 34% Patentstop 34% Talenttop 38% Moattop 42% Markettop 46% Fundingtop 49% Globalbottom 40% Growth: Headcount 40 → 85 (+112%) across vintages · Web rank 500,000 → 5,000,000 YoY Innovation: 13 patents (top 48% of patent-holders) · 9 filings since 2022 vs 4 in 2017-21 rank vs industry peers · Fliar Intelligence Index 72/100 | $3M | 14 mo ago | 85 85 → 103 (+21%) | 2017 | Carlo Ulbrich Co-Founder & Chief Sales Officer | WordPressMySQLPHP+23 | 13 patents Automated verification and integrity proofing of remote video recordings and live identification | — |
| 15 | MotionsCloud AI-based insurance claims adjustment solutions for the insurance industry | $2M | 49 mo ago | 13 | 2016 | Lex Tan CEO | RubyTinyMCEGoogle Maps+23 | — | — |
| 16 | Etherisc Decentralized insurance application for Insurers | $182K | 89 mo ago | 18 | 2016 | Christoph Mussenbrock Co-Founder & CEO | MediumAlgoliaNode.js+10 | — | — |
| 17 | Widgetlabs Software solutions for the insurance industry | $100K | 233 mo ago | — | 2007 | Ayham Ghorani Founder | — | — | — |
Top 12 Insurance IT companies in Germany
#1
Series C · Berlin, Berlin · founded 2016 · 115 employees$139.2Mraised▾
Insurance as a service platform offering private property and casualty insurance. It offers a modular insurance API engine that enables digital businesses to launch custom insurance products. Businesses can use the white-label platform for real-time price calculation, underwriting, or mid-term policy adjustment.
- Mar 2024Series C$54.1M
- Jul 2022Series B$21.9M
- Jun 2021Series A$19.5M
- Aug 2020Series A$11.9M
#2
Series B · Hamburg, Hamburg · founded 2017 · 85 employees$2.7Mraised▾
Nect provides solutions for identity verification. The product offered by the company includes card i dent and self i dent. The features offered by the product are ID scans, validation, user journey and digital remote identification. It also encrypts data traffic using SSL standard and provide protection from hackers.
- Mar 2025Series B$2.7M
- May 2020Series A—
#3
Series A · Berlin, Berlin · founded 2021$3.7Mraised▾
Conversational AI platform for the insurance industry. Its AI technology provides a safety net by allowing human intervention when the AI encounters situations it cannot handle. Its AI models use generalized learning from diversified data to generate responses.
- Feb 2025Series A$3.7M
#4
Series A · Berlin, Berlin · founded 2015 · 49 employees$52.7Mraised▾
Provider of AI solutions for insurance claims processing and automation. It offers products for no-touch automation, agentic co-pilot assistance, and leakage reduction. The AI models are trained on insurance documents and claims data. The company's products are designed to improve profitability, efficiency, and customer satisfaction in insurance claims handling. It provides tools for training custom AI models.
- Nov 2022Series A$12.4M
- Feb 2021Grant (prize money)$60.3K
- Feb 2020Series A$13M
- Sep 2019Grant (prize money)$1.8M
#5
Series C · Frankfurt Am Main, Hesse · founded 2015 · 69 employees$38.5Mraised▾
Thinksurance offers a platform for insurance distribution. It provides products for brokers, associations, agencies, among others. The software features tools for quoting policies, risk analysis, issuing policies, analyzing, documentation, and reporting. Assists distributors and insurers in digitizing the sale process. Uses data analysis & AI technology in improving the bidding process and assessing risk.
- Jun 2023Series C$24M
- Oct 2019Series B$14.5M
#6
Series A · Berlin, Berlin · founded 2014 · 48 employees$16.3Mraised▾
Teraki provides an AI-enabled edge processing platform for the automotive industry. It offers embedded software that works as an enabler for current and future IoT/M2M applications. It claims that its solutions reduce the amount of data generated by sensors by up to a factor 10 without compromising its quality. The solution enables the applications to pre-process the sensor data for better decision making. It embeds on one side in the CPU & RAM-constrained chipsets of cars and integrates on the other side at a customer’s backend for the storage, labelling, training, and analysis of reconstructed or reduced data.
- Jan 2023Series A—
- Dec 2019Series A$11M
- Mar 2019Seed$2.3M
- Sep 2018Seed$3M
#7
Acquired · Germany · founded 2012 · 120 employees$78.2Mraised▾
Provider of a platform for accessing insurance and related technology. The platform offers technology solutions related to insurance. It facilitates partnerships and provides general communication channels for queries. The platform aims to simplify access to insurance.
- Dec 2020Series D$18.2M
- Oct 2018Series C$11.5M
- May 2018Series C$24M
- Mar 2017Series C—
#8
Seed · Unterhaching, Bavaria · founded 2021 · 15 employees$5.7Mraised▾
Provider of product authentication and protection software solutions for businesses. It provides embedded insurance for retailers. The company offers online retailers of all sizes and industries access to the right insurance products.
- Sep 2022Seed$4M
- Dec 2021Seed$1.7M
- Seed—
#9
Acquired · Berlin, Berlin · founded 2016 · 54 employees$40Mraised▾
Online platform that provides usage-based insurances. It offers insurance solutions for bicycles, e-bike, dog liability, household, personal liability, and more. It offers coverage for theft, fire, storm & hail, water, and burglary & robbery. It offers customizable policies on a monthly basis.
- Jun 2018Series A$30M
- Aug 2017Seed$10M
#10
Series A · Cologne, North Rhine Westphalia · founded 2014 · 20 employees$10Mraised▾
Provider of reinsurance solutions to life insurance companies. The company provides insurance and financial risk management solutions for financial institutions. It enables to assess and measure risks consistently through time and facilitates real-time data analysis. It features a quantitative and data-driven approaches for risk management.
- Aug 2021Series A$10M
#11
Seed · Mannheim, Baden-wurttemberg · founded 2016 · 13 employees$2Mraised▾
AI-based insurance claims adjustment solutions for the insurance industry. It offers solutions for property & vehicle inspection, digital claim processing, AI pre-assessment report, and more. It also captures pictures with AR guidelines through the web browser without downloading and installing any app.
- 2022Grant (prize money)—
- Apr 2022Seed$2M
- 2021Seed—
- Jan 2018Grant (prize money)$7.3K
#12
Series A · Hamburg, Hamburg · founded 2019 · 26 employees$8.3Mraised▾
Claimsforce provides claim management software for insurance companies. It features solutions for claim processing and property & casualty damage assessment. Also enables users to communicate, track claim status, and submit documents.
- Aug 2020Series A$8.3M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Insurance IT coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
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.