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Radar · Insurance IT in Singapore

Best Insurance IT Companies in Singapore

The 50 best Insurance IT companies in Singapore in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bolttech.

50companies tracked
$598.6Mdisclosed funding
1unicorns
18have raised
Sources & further reading
  • ResearchAndMarkets.com
  • IMARC Group

Ranked: Best Insurance IT companies in Singapore

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Bolttech 🦄
Platform connecting insurers, distributors, and customers for embedded insurance products
69Funding top 23%Global top 25%Moat top 26%Market top 35%
All 12 signals ▾
Fundingtop 23%
Globaltop 25%
Moattop 26%
Markettop 35%
Newstop 35%
Innovationtop 37%
Talenttop 37%
Partnerstop 40%
Growthtop 44%
Techtop 45%
Producttop 45%
Fin. healthbottom 40%
Funding: Raised $493M across 8 rounds · 8 rounds over 5 yrs (1.6/yr)
Global: Serving 20 countries incl. Singapore, United States, Philippines · Legal entities in 5 countries: Germany, Singapore, Thailand, United Kingdom
rank vs industry peers · Fliar Intelligence Index 69/100
$493M14 mo agoSeries CRob Schimek
Founder & CEO
2020WordPressMySQLPHP+351 partnership · 1 award
2eBaoTech
Software and cloud-based insurance suite
$36M162 mo agoLate StageAndy Wang
Co-Founder
2000PHPparticles.jsAnimate.css+11—
3Peak3
Provider of cloud-based insurance platform
$35M25 mo agoSeries ABill Song
Co-Founder & CEO
2018—1 launch
4Active AI
Provider of omnichannel conversational engagement solutions
$15M70 mo agoAcqui-HiredParikshit Paspulati
Co-Founder & CTO
2016——
5Uncharted Global
SaaS-based solutions for insurance intermediaries
$6M77 mo agoDeadpooledNick Macey
CEO
2018——
6Cyber Sierra
Provider of an AI-enabled platform for enterprise-grade cybersecurity and compliance
$4M53 mo agoSeedPramodh Rai
Co-Founder
2021Cart FunctionalityWordPressMySQL+23—
7Ancileo
Provider of software-as-a-service solutions for the insurance value chain
$3M54 mo agoSeed—2015WordPressApple iCloud MailGoogle Workspace+28—
8Protos Labs
Provider of AI-driven cyber risk management and insurance solutions
$2M33 mo agoSeedJoel Lee
Co-Founder & CEO
2021—1 launch
9fidentiaX
Online marketplace for tradable insurance policies
$2M104 mo agoFunding RaisedAlvin Ang
Co-Founder & CEO
2017——
10PinBox Solutions
Digital solution for micropension and microinsurance inclusion
$1M22 mo agoSeed—2016WordPressMySQLPHP+10—
11Surer
Insurance agency management software for insurers and insurance brokers
$1M57 mo agoSeedDerren Teo
Co-Founder
2017——
12Hearti Lab
AI-based claim management crypto platform for insurers and banks
$208K66 mo agoFunding RaisedChee Lim
Co-Founder
2015——
13InsureVite
Digital insurance solution
$75K78 mo agoSeedDavid Yeng
Co-Founder & CEO
2017——
14AIDA Technologies
AI-based insurance underwriting, lending, and banking solutions for the insurance industry
$35K87 mo agoAcquiredGeok Tan
CEO
2016——
15Neutrinos
Provider of hyper-automation platform for the insurance and financial services industries
—13 mo agoSeedRamya Babu
Co-Founder
2015Node.jsUbuntuElement UI+20—

Top 12 Insurance IT companies in Singapore

#1
Series C · Singapore, Singapore · founded 2020 · 1500 employees
$493.2Mraised
▾

Platform connecting insurers, distributors, and customers for embedded insurance products. It offers coverage for mobile phone insurance, travel insurance, and more. It also offers claims and on-demand servicing. It also offers device repair and valuation services.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Funding
top 23%
Global
top 25%
Moat
top 26%
Market
top 35%
News
top 35%
Innovation
top 37%
Funding: Raised $493M across 8 rounds · 8 rounds over 5 yrs (1.6/yr) · Last round Series C (Jun 2025)
Global: Serving 20 countries incl. Singapore, United States, Philippines · Legal entities in 5 countries: Germany, Singapore, Thailand, United Kingdom · Investors from 11 countries beyond Singapore
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Audience (LinkedIn): 91k LinkedIn followers — 33.1% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 awards (incl. ING) announced in 12 mo
Funding rounds
  • Jun 2025Series C$47M
  • Dec 2024Series C$100M
  • Nov 2024Venture Debt$50M
  • Sep 2023Series B$50M
Founders & team
Rob SchimekFounder & CEO
Investors
EDBI, Mundi Ventures, Activant Capital, Dowling Capital Partners, Alpha Leonis Partners, B. Riley Financial
Tech stack
AmplitudeCloudflareCloudflare Bot ManagementCore-JsDatadogDocusign
#2
Series A · Singapore, Singapore · founded 2018
$35Mraised
▾

Provider of cloud-based insurance platform. It offers a cloud-native, insurance core and distribution system for life, health, and property and casualty insurance.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 21k LinkedIn followers — 7.5% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jun 2024Series A$35M
Founders & team
Bill SongCo-Founder & CEOFrank ChenCOO
Investors
Alpha JWC Ventures, EQT
#3
Seed · Singapore, Singapore · founded 2016 · 21 employees
$1.5Mraised
▾

Digital solution for micropension and microinsurance inclusion. The platform offers a ready-to-deploy IT platform that provides multiple features such as issuing and managing individual DC micro pension accounts, pension, and financial inclusion ecosystem integration, real-time accounting of contributions and balances, real-time MIS, and process or TAT compliance monitoring, and more.

Funding rounds
  • Sep 2024Seed$991.5K
  • Sep 2024Angel$95.8K
  • Jul 2023Angel$48.4K
  • Sep 2022Seed$261.8K
Investors
Asian Development Bank, Venture Catalysts, Intellect Endeavours, Nidhi Tradecom, Sat Industries, Venture Log
Tech stack
Animate.CssApache Http ServerBootstrapFont AwesomeGodaddyGoogle Analytics
#4
Seed · Singapore · founded 2021
$2.2Mraised
▾

Provider of AI-driven cyber risk management and insurance solutions. It offers a platform for adaptive cyber risk management using patented risk quantification methodology and Agentic AI. This platform analyzes data from various sources to provide insights into cyber risks. Additionally, it provides cyber insurance with first-party and third-party coverages, including access to expert panels in case of breaches. The company also offers cyber risk advisory services led by cybersecurity specialists with insurance accreditation, assisting businesses in becoming insurable and improving cyber resilience. The holistic approach combines risk management tools with risk transfer through insurance.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Oct 2023Seed$2.2M
Founders & team
Joel LeeCo-Founder & CEOSimeon TanCo-Founder & CTO
Investors
Beenext, Artem, Plug and Play Tech Center, Investible, Gan Konsulindo, 1337 Ventures
#5
Acqui-Hired · Singapore · founded 2016 · 86 employees
$14.8Mraised
▾

Provider of omnichannel conversational engagement solutions. It empowers businesses to interact meaningfully with customers across commerce, marketing, and support channels. The platform facilitates seamless communication through various methods including call, chat, and text, all within a unified interface. It offers tools for managing and scaling click-to-chat advertisements, building conversational flows, and leveraging AI for personalized interactions. Robust security measures protect data and customer privacy. Solutions are tailored to various industry sectors.

Funding rounds
  • Sep 2020Series A—
  • Jun 2019Series A$3M
  • Nov 2017Series A$8.2M
  • Mar 2017Series A—
Founders & team
Parikshit PaspulatiCo-Founder & CTORavi ShankarCo-Founder & CEO
Investors
Microsoft Accelerator, AMTD, Innocells, Kalaari Capital, Chiratae Ventures, Vertex Ventures
#6
Late Stage · Singapore, Singapore · founded 2000 · 863 employees
$36Mraised
▾

Software and cloud-based insurance suite. It is a software development firm offering solutions to insurers and other insurance system players. It is an open API platform to provide connectivity and enablement for insurers, traditional channels, affinity partners, and fintech startups. It includes system suites for life, general, health insurers and re-insurers.

Funding rounds
  • Feb 2013PE$36M
Founders & team
Andy WangCo-FounderWoody MoCEO
Investors
FTV Capital, Cathay Capital, Paraclete Capital
Tech stack
Animate.CssApache Http ServerCloudflareCloudflare Bot ManagementDigicertFancybox
#7
Seed · Singapore, Singapore · founded 2021 · 17 employees
$4.3Mraised
▾

Provider of an AI-enabled platform for enterprise-grade cybersecurity and compliance. The platform offers continuous control monitoring, third-party risk management, and governance, risk, and compliance solutions. It helps enterprises automate data collection, risk assessment, and reporting. The platform integrates with existing infrastructure and provides visibility into security posture.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 2.6% of this cohort's audience
Funding rounds
  • Feb 2022Seed$4.3M
Founders & team
Pramodh RaiCo-Founder
Investors
Leo Capital, Credit Saison, AppWorks, Saison Capital, Hustle Fund, Neon
Tech stack
Advanced Custom FieldsBootstrapCart FunctionalityCdnjsCloudflareCloudflare Browser Insights
#8
Seed · Singapore, Singapore · founded 2015 · 15 employees
$3Mraised
▾

Provider of software-as-a-service solutions for the insurance value chain. The company offers enterprise technology solutions for insurers, re-insurers, brokers, and affinity partners. It provides digital distribution, claims automation, policy management, premium billing, and business analytics. The company’s solutions enable integrations, compliance readiness, and global roll out.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • Feb 2022Seed$3M
Investors
Fermion, Plug and Play APAC
Tech stack
All In One SeoAmazon SesAmazon Web ServicesApache Http ServerApple Icloud MailAws Certificate Manager
#9
Deadpooled · Singapore, Singapore · founded 2018
$5.8Mraised
▾

Uncharted provides a SaaS-based platform for insurance carriers, brokers, and agencies. It offers underwriting, distribution, and operations solutions for customer acquisition. It offers multiple solutions such as Coverhub provides an API-based distribution platform; Shiftcore offers a platform for underwriting, workflows, and data models; and Shiftiq provides an app for brokers, underwriters and executives to manage and optimize insurance portfolios.

Funding rounds
  • Feb 2020Series A$5.8M
Founders & team
Nick MaceyCEO
Investors
Plug and Play APAC
#10
Seed · Singapore, Singapore · founded 2017 · 10 employees
$1Mraised
▾

Insurance agency management software for insurers and insurance brokers. It provides quoting software for tracking insurance data, systemizing insurance processes, insurance data sharing, and more. It offers customer relationship management tools for agents to manage policyholders.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Oct 2021Seed$1M
Founders & team
Derren TeoCo-FounderRenfred TayCo-FounderGordon Tayex-Co-Founder
Investors
Kistefos, Antler, TRIVE
#11
Funding Raised · Singapore, Singapore · founded 2017
$1.6Mraised
▾

Fidentiax is a blockchain-powered online marketplace for tradable insurance policies. Provides a platform for buyers and sellers to connect and trade policies via the blockchain. Offers a digital ledger for policyholders for policy management and a repository for insurance contracts. Uses 3 different types of tokens for facilitating transactions.

Funding rounds
  • Dec 2017ICO$1.6M
Founders & team
Alvin AngCo-Founder & CEO
Investors
Fincasa Ventures
Tech stack
LitespeedGoogle Font Api
#12
Funding Raised · Singapore, Singapore · founded 2015 · 40 employees
$207.5Kraised
▾

AI-based claim management crypto platform for insurers and banks. It offers products including Surety.AI for fraud detection, Benefits.X for claim processing, and more. It uses blockchain technology for policy agreements, smart contracts, and risk management.

Funding rounds
  • Jan 2021Conventional Debt$30K
  • Jun 2020Conventional Debt$177.5K
Founders & team
Chee LimCo-Founder
Investors
Plug and Play APAC, First Envoy
Tech stack
NginxGoogle CloudOpenrestyGoogle Cloud Cdn

Funding & investor landscape

$598.6Mtotal disclosed funding
14companies funded
29disclosed rounds
0rounds last 90 days
Most active investors
Plug and Play APAC6 rounds
Antler2 rounds
Dream Incubator2 rounds
InsurTech NY2 rounds
Insurtech Hub2 rounds
Kuok Group2 rounds
XNode2 rounds
100Unicorns1 rounds
1337 Ventures1 rounds
1982 Ventures1 rounds

Notable founders

Rob Schimek
Founder & CEO · Bolttech
Bill Song
Co-Founder & CEO · Peak3
Frank Chen
COO · Peak3
Joel Lee
Co-Founder & CEO · Protos Labs
Simeon Tan
Co-Founder & CTO · Protos Labs
Parikshit Paspulati
Co-Founder & CTO · Active AI
Ravi Shankar
Co-Founder & CEO · Active AI
Andy Wang
Co-Founder · eBaoTech
Woody Mo
CEO · eBaoTech
Pramodh Rai
Co-Founder · Cyber Sierra
Nick Macey
CEO · Uncharted Global
Derren Teo
Co-Founder · Surer
Prism market signals · Singapore · country-scoped Prism corpus, 861,948 docs

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

How many Insurance IT companies are there in Singapore?
Radar tracks 50 indexable Insurance IT companies headquartered in Singapore that meet our profile-completeness bar.
What is the total funding raised by Insurance IT companies in Singapore?
The Insurance IT companies in Singapore on this list have raised a combined $598.6M in disclosed equity funding across 14 funded companies.
Which is the highest-funded Insurance IT company in Singapore?
Bolttech is the highest-funded Insurance IT company in Singapore, with $493.2M in disclosed equity funding.
How many Insurance IT companies in Singapore are funded?
14 of the 50 Insurance IT companies in Singapore on this list have disclosed at least one equity funding round.
How many Insurance IT unicorns are there in Singapore?
1 Insurance IT company in Singapore on this list is valued at $1B or more.
Who are the top investors in Singapore Insurance IT companies?
The most active investors in Singapore Insurance IT companies on this list include Plug and Play APAC, Antler, Dream Incubator, InsurTech NY, Insurtech Hub.
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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