About Insurance Carriers
There are 24.8K companies in the Insurance Carriers sector across the world, with 1.27K funded companies having collectively raised $156B in venture capital money and private equity. Overall 2.03K of these are Series A+ funded and the sector has seen the creation of 2 Unicorns.
Insurance Carriers sector has seen 1.24K acquisitions and 638 IPOs. This represents almost 7.6% of all such companies - which is higher than the 3.8% exit rate of tech companies in general.
This sector includes companies which offer Life, Health, and Property & Casualty insurance products to cover the risk of financial loss due to a range of reasons including death, medical care, property damage, liabilities among others.
Insurance Carriers sector is also known as Insurers, Insurance Provider or Insurance Underwriter.
Companies included in Insurance Carriers sector
All insurance, reinsurance, mutual insurance companies and internet-first insurersCompanies excluded in Insurance Carriers sector
Insurance distributors and providers of services/software to the insurance industry includingMarket Map of Insurance Carriers
The market map of Insurance Carriers gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.
Reports related to Insurance Carriers
Here are some reports related to Insurance Carriers sector:
Free
Insurance Carriers - Sector Report
Edition: October, 2026 (68 Pages)
Premium
Insurance Carriers Investor Landscape
Edition: June, 2025 (12 Pages)
Premium
Insurance Carriers Exit Landscape
Edition: October, 2026 (15 Pages)
View all reports related to Insurance Carriers. Sign up today!Top Companies in Insurance Carriers
There are more than 24.8K companies in Insurance Carriers. Asurion is the top Insurance Carriers company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Insurance Carriers companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Tech protection, repair, and support solutions for devices and appliances | Nashville (United States) | 1994 | Acquired | $467M | |
Contracting, Network Development, Managed Care and Health insurance solutions company | St. Louis (United States) | 1984 | Public | $18M | |
Financial services company specializing in insurance and asset management | Munich (Germany) | 1890 | Public | - | |
Automotive insurance solution provider to users | Traverse City (United States) | 1983 | Public | $212M | |
Provider of loans, investments, insurance, UPI, and bill payment services | Mumbai (India) | 2007 | Public | - |
Companies founded year-on-year in the Insurance Carriers sector
25 new startups have been founded so far in 2026 in the Insurance Carriers sector. 477 Insurance Carriers startups were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 25 |
2025 | 47 |
2024 | 128 |
2023 | 351 |
2022 | 395 |
2021 | 477 |
2020 | 463 |
2019 | 438 |
2018 | 410 |
2017 | 369 |
Companies founded across countries in the Insurance Carriers sector
United States has 14,542 Insurance Carriers startups, the most by any country, followed by United Kingdom which has 985 startups and Canada which has 560.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 14,542 |
United Kingdom | 985 |
Canada | 560 |
India | 538 |
Germany | 423 |
France | 277 |
Australia | 222 |
Brazil | 192 |
Spain | 167 |
South Africa | 145 |
Stage-wise distribution of the Insurance Carriers sector
Out of the total 24,777 Insurance Carriers companies, 1,273 have secured funding. Among them, 2,034 have reached Series A or higher, and 1,975 to Series B or beyond.
Founded - 24,777
Funded - 1,273
Series A+ - 2,034
Series B+ - 1,975
Series C+ - 1,951
Company Stage | No. of companies |
|---|---|
Founded | 24,777 |
Funded | 1,273 |
Series A+ | 2,034 |
Series B+ | 1,975 |
Series C+ | 1,951 |
Want to know more about Insurance Carriers ? Signup and explore Tracxn for free
- 24.8K+ Total Companies
- $156B+ Total Funding
- 1.3K+ Funded Companies
- 635+ IPOs
- 1.2K+ Acquisitions
- 5+ Reports
Funding Trends in the Insurance Carriers sector
Total funding year-on-year in the Insurance Carriers sector
The Insurance Carriers sector saw a total funding of more than $93.3B in the last 10 years. The most amount of funding was in 2018 at more than $32.2B. There has been a total funding of $4.87B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $4.87B |
2025 | $3.61B |
2024 | $1.22B |
2023 | $3.71B |
2022 | $4.44B |
2021 | $7.46B |
2020 | $14.2B |
2019 | $17.1B |
2018 | $32.2B |
2017 | $4.58B |
Total funding across countries in the Insurance Carriers sector
In the last 10 years, Insurance Carriers startups in United States have recieved the highest funding among all countries - $26.8B. France follows with $18.5B and United Kingdom with $15.5B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $26.8B |
France | $18.5B |
United Kingdom | $15.5B |
India | $4.98B |
China | $4.58B |
Canada | $3.79B |
Bermuda | $3.59B |
Germany | $3.24B |
Belgium | $151M |
South Africa | $725K |
Total funding amount raised by stage in the Insurance Carriers sector
Over the last 10 years, the Insurance Carriers sector have seen $285M into Seed Stage funding rounds, $1.91B into Early Stage funding rounds and $11.8B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Debt | $47B |
Post IPO | $14.8B |
PE | $12.5B |
Late Stage | $11.8B |
Early Stage | $1.91B |
Grant | $706M |
Seed Stage | $285M |
Recent Funding Rounds in Insurance Carriers
In the year 2026, till October 2026, Insurance Carriers companies have raised $2.88B in equity funding across 21 rounds.
In the same period last year (i.e. till October 2025), Insurance Carriers companies had raised $2.52B across 32 rounds.
So, 2026 has seen a 14.03% rise in funding in Insurance Carriers companies as compared to 2025.
Here are some recent, important funding rounds in Insurance Carriers:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 7544 | Oct 28, 2026 | ||
Series D | 2538 | Oct 07, 2026 | ||
Seed | 5202 | Sep 03, 2026 | ||
PE | 4043 | Sep 02, 2026 | ||
Series A | 8556 | Aug 19, 2026 |
Top Investors in Insurance Carriers
HHS is the top investor in Insurance Carriers companies based on number of companies invested.
Here are some top investors in Insurance Carriers:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Washington (United States) | ||
Bratislava (Slovakia) |
M&A activity in Insurance Carriers
In the year 2026, till October 2026, 49 acquisitions happened in Insurance Carriers sector. Last year, in 2025, a total of 106 acquisitions happened in Insurance Carriers sector.
Here are some recent, important acquisitions in Insurance Carriers:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 22, 2026 | ||
Business Acquisition | Oct 16, 2026 | ||
Business Acquisition | Oct 13, 2026 | ||
Business Acquisition | Sep 29, 2026 | ||
Business Acquisition | Sep 22, 2026 |
Acquisition trends in Insurance Carriers
Here are the acquisition trends in Insurance Carriers:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 49 |
2025 | 106 |
2024 | 157 |
2023 | 131 |
2022 | 126 |
2021 | 116 |
2020 | 76 |
2019 | 98 |
2018 | 111 |
2017 | 85 |
IPOs in Insurance Carriers
In the year 2025, till October 2025, 3 IPOs happened in Insurance Carriers sector.
Here are some recent, important IPOs in Insurance Carriers:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 17, 2025 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
May 08, 2025 | New York Stock Exchange (NYSE) | |
Jan 08, 2025 | Indonesia Stock Exchange (IDX) | |
Dec 23, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Dec 18, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) |
Colleges which produce the most Insurance Carriers companies
Companies founded by alumni from top colleges in the Insurance Carriers sector
Most number of Insurance Carriers startups have been founded by alumni from Stanford University, HEC Paris and Harvard Business School.
College | No. of companies |
|---|---|
Stanford University | 6 |
HEC Paris | 4 |
Harvard Business School | 4 |
Massachusetts Institute of Technology | 4 |
Columbia University | 3 |
Harvard University | 3 |
IIT Delhi | 3 |
University College London | 3 |
University of Bristol | 3 |
University of Oxford | 3 |
Total funding in companies founded by alumni from top colleges in the the Insurance Carriers sector
In the last 10 years, HEC Paris graduates' Insurance Carriers companies have raised the most funding among top colleges. University of Waterloo alumni are second, and Stanford University alumni are third.
College | Total Funding |
|---|---|
HEC Paris | $18.2B |
University of Waterloo | $3.29B |
Stanford University | $104M |
University of Pennsylvania | $101M |
Carnegie Mellon University | $57M |
NYU Stern School of Business | $57M |
Wharton School | $18.3M |
Technion Israel Institute Technology | $18M |
University of Chicago | $18M |
Columbia University | $17.8M |
Top News in Insurance Carriers
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Markel Insurance Segment Sees Profit Surge in First Nine Months of 2026Reinsurance News•Oct 29, 2026•Markel Corporation
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GEICO Named Official Insurance Partner of the TCS New York City MarathonBusiness Wire•Oct 27, 2026•GEICO
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Chubb Launches Chubb Life Bermuda for Direct Life CoverLife Insurance International•Oct 23, 2026•Chubb
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