Artificial Intelligence In Insurtech - Global Top Players Market Share and Ranking 2025- YH Research

Home > Reports >New Technology > Artificial Intelligence In Insurtech - Global Top Players Market Share and Ranking 2025

Artificial Intelligence In Insurtech - Global Top Players Market Share and Ranking 2025

Publication Date: 2025-11-06
Report Id: 2685002
Industry: New Technology
Report Page: 103
Chart: 108

PDF Download

Publication Date: 2025-11-06
Report Id: 2685002
Industry: New Technology
Report Page: 103
Chart: 108

PDF Download

A research report provider that focuses on identifying industry pain points and solving core problems for companies！

Table of Contents
Description
Table of Figures
Need a Quote?

1 Market Overview
1.1 Artificial Intelligence In Insurtech Definition
1.2 Global Artificial Intelligence In Insurtech Market Size and Forecast
1.3 China Artificial Intelligence In Insurtech Market Size and Forecast
1.4 Share of China Artificial Intelligence In Insurtech Market with Respect to the Global Market
1.5 Artificial Intelligence In Insurtech Market Size: China VS Global Growth Rate, 2020-2031
1.6 Artificial Intelligence In Insurtech Market Dynamics
1.6.1 Artificial Intelligence In Insurtech Market Drivers
1.6.2 Artificial Intelligence In Insurtech Market Restraints
1.6.3 Artificial Intelligence In Insurtech Industry Trends
1.6.4 Artificial Intelligence In Insurtech Industry Policy

2 Global Leading Players and Market Share
2.1 By Revenue of Artificial Intelligence In Insurtech, Global Market Share by Company, 2020-2025
2.2 Global Artificial Intelligence In Insurtech Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global Artificial Intelligence In Insurtech Concentration Ratio
2.4 Global Artificial Intelligence In Insurtech Mergers & Acquisitions, Expansion Plans
2.5 Global Artificial Intelligence In Insurtech Major Companies Product Type
2.6 Head Office and Area Served of Key Players

3 China Leading Players, Market Share and Ranking
3.1 By Revenue of Artificial Intelligence In Insurtech, China Market Share by Company, 2020-2025
3.2 China Artificial Intelligence In Insurtech Artificial Intelligence In Insurtech Participants, Market Position (Tier 1, Tier 2, and Tier 3)

4 Industry Chain Analysis
4.1 Artificial Intelligence In Insurtech Industry Chain
4.2 Artificial Intelligence In Insurtech Upstream Analysis
4.2.1 Artificial Intelligence In Insurtech Core Raw Materials
4.2.2 Main Manufacturers of Artificial Intelligence In Insurtech Core Raw Materials
4.3 Midstream Analysis
4.4 Downstream Analysis
4.5 Artificial Intelligence In Insurtech Production Mode
4.6 Artificial Intelligence In Insurtech Procurement Model
4.7 Artificial Intelligence In Insurtech Industry Sales Model and Sales Channels
4.7.1 Artificial Intelligence In Insurtech Sales Model
4.7.2 Artificial Intelligence In Insurtech Typical Distributors

5 Sights by Type
5.1 Artificial Intelligence In Insurtech Classification by Type
5.1.1 Service
5.1.2 Product
5.2 by Type, Global Artificial Intelligence In Insurtech Consumption Value & CAGR, 2020 VS 2024 VS 2031
5.3 by Type, Global Artificial Intelligence In Insurtech Consumption Value, 2020-2031

6 Sights by Process-based
6.1 Artificial Intelligence In Insurtech Classification by Process-based
6.1.1 Underwriting
6.1.2 Claims
6.1.3 Sales & Marketing
6.1.4 Customer Support
6.1.5 Others
6.2 by Process-based, Global Artificial Intelligence In Insurtech Consumption Value & CAGR, 2020 VS 2024 VS 2031
6.3 by Process-based, Global Artificial Intelligence In Insurtech Consumption Value, 2020-2031

7 Sights by Technology
7.1 Artificial Intelligence In Insurtech Classification by Technology
7.1.1 Machine Learning
7.1.2 Deep Learning
7.1.3 NLP-based Chatbots
7.1.4 Others
7.2 by Technology, Global Artificial Intelligence In Insurtech Consumption Value & CAGR, 2020 VS 2024 VS 2031
7.3 by Technology, Global Artificial Intelligence In Insurtech Consumption Value, 2020-2031

8 Sights by Deployment
8.1 Artificial Intelligence In Insurtech Classification by Deployment
8.1.1 Cloud-based
8.1.2 On-premise
8.1.3 Others
8.2 by Deployment, Global Artificial Intelligence In Insurtech Consumption Value & CAGR, 2020 VS 2024 VS 2031
8.3 by Deployment, Global Artificial Intelligence In Insurtech Consumption Value, 2020-2031

9 Sights by Application
9.1 Artificial Intelligence In Insurtech Segment by Application
9.1.1 Property & Casualty
9.1.2 Health & Life
9.1.3 Mobility Insurance
9.1.4 Others
9.2 by Application, Global Artificial Intelligence In Insurtech Consumption Value & CAGR, 2020 VS 2024 VS 2031
9.3 by Application, Global Artificial Intelligence In Insurtech Consumption Value, 2020-2031

10 Sales Sights by Region
10.1 By Region, Global Artificial Intelligence In Insurtech Consumption Value, 2020 VS 2024 VS 2031
10.2 By Region, Global Artificial Intelligence In Insurtech Consumption Value, 2020-2031
10.3 North America
10.3.1 North America Artificial Intelligence In Insurtech Market Size & Forecasts, 2020-2031
10.3.2 By Country, North America Artificial Intelligence In Insurtech Market Size Market Share
10.4 Europe
10.4.1 Europe Artificial Intelligence In Insurtech Market Size & Forecasts, 2020-2031
10.4.2 By Country, Europe Artificial Intelligence In Insurtech Market Size Market Share
10.5 Asia Pacific
10.5.1 Asia Pacific Artificial Intelligence In Insurtech Market Size & Forecasts, 2020-2031
10.5.2 By Country/Region, Asia Pacific Artificial Intelligence In Insurtech Market Size Market Share
10.6 South America
10.6.1 South AmericaArtificial Intelligence In Insurtech Market Size & Forecasts, 2020-2031
10.6.2 By Country, South America Artificial Intelligence In Insurtech Market Size Market Share
10.7 Middle East & Africa

11 Sales Sights by Country Level
11.1 By Country, Global Artificial Intelligence In Insurtech Market Size & CAGR, 2020 VS 2024 VS 2031
11.2 By Country, Global Artificial Intelligence In Insurtech Consumption Value, 2020-2031
11.3 United States
11.3.1 United States Artificial Intelligence In Insurtech Market Size, 2020-2031
11.3.2 by Type, United States Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.3.3 by Application, United States Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.4 Europe
11.4.1 Europe Artificial Intelligence In Insurtech Market Size, 2020-2031
11.4.2 by Type, Europe Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.4.3 by Application, Europe Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.5 China
11.5.1 China Artificial Intelligence In Insurtech Market Size, 2020-2031
11.5.2 by Type, China Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.5.3 by Application, China Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.6 Japan
11.6.1 Japan Artificial Intelligence In Insurtech Market Size, 2020-2031
11.6.2 by Type, Japan Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.6.3 by Application, Japan Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.7 South Korea
11.7.1 South Korea Artificial Intelligence In Insurtech Market Size, 2020-2031
11.7.2 by Type, South Korea Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.7.3 by Application, South Korea Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.8 Southeast Asia
11.8.1 Southeast Asia Artificial Intelligence In Insurtech Market Size, 2020-2031
11.8.2 by Type, Southeast Asia Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.8.3 by Application, Southeast Asia Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.9 India
11.9.1 India Artificial Intelligence In Insurtech Market Size, 2020-2031
11.9.2 by Type, India Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.9.3 by Application, India Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.10 Middle East & Africa
11.10.1 Middle East & Africa Artificial Intelligence In Insurtech Market Size, 2020-2031
11.10.2 by Type, Middle East & Africa Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031
11.10.3 by Application, Middle East & Africa Artificial Intelligence In Insurtech Consumption Value Market Share, 2024 VS 2031

12 Company Profile
12.1 Acko General Insurance
12.1.1 Acko General Insurance Company Information, Head Office, Market Area, and Industry Position
12.1.2 Acko General Insurance Company Profile and Main Business
12.1.3 Acko General Insurance Artificial Intelligence In Insurtech Models, Specifications, and Application
12.1.4 Acko General Insurance Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.1.5 Acko General Insurance Recent Developments
12.2 Quantemplate Limited
12.2.1 Quantemplate Limited Company Information, Head Office, Market Area, and Industry Position
12.2.2 Quantemplate Limited Company Profile and Main Business
12.2.3 Quantemplate Limited Artificial Intelligence In Insurtech Models, Specifications, and Application
12.2.4 Quantemplate Limited Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.2.5 Quantemplate Limited Recent Developments
12.3 Neos Insurance
12.3.1 Neos Insurance Company Information, Head Office, Market Area, and Industry Position
12.3.2 Neos Insurance Company Profile and Main Business
12.3.3 Neos Insurance Artificial Intelligence In Insurtech Models, Specifications, and Application
12.3.4 Neos Insurance Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.3.5 Neos Insurance Recent Developments
12.4 Shift Technology
12.4.1 Shift Technology Company Information, Head Office, Market Area, and Industry Position
12.4.2 Shift Technology Company Profile and Main Business
12.4.3 Shift Technology Artificial Intelligence In Insurtech Models, Specifications, and Application
12.4.4 Shift Technology Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.4.5 Shift Technology Recent Developments
12.5 Akur8
12.5.1 Akur8 Company Information, Head Office, Market Area, and Industry Position
12.5.2 Akur8 Company Profile and Main Business
12.5.3 Akur8 Artificial Intelligence In Insurtech Models, Specifications, and Application
12.5.4 Akur8 Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.5.5 Akur8 Recent Developments
12.6 ZestyAI
12.6.1 ZestyAI Company Information, Head Office, Market Area, and Industry Position
12.6.2 ZestyAI Company Profile and Main Business
12.6.3 ZestyAI Artificial Intelligence In Insurtech Models, Specifications, and Application
12.6.4 ZestyAI Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.6.5 ZestyAI Recent Developments
12.7 Lexalytics
12.7.1 Lexalytics Company Information, Head Office, Market Area, and Industry Position
12.7.2 Lexalytics Company Profile and Main Business
12.7.3 Lexalytics Artificial Intelligence In Insurtech Models, Specifications, and Application
12.7.4 Lexalytics Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.7.5 Lexalytics Recent Developments
12.8 H2O.ai
12.8.1 H2O.ai Company Information, Head Office, Market Area, and Industry Position
12.8.2 H2O.ai Company Profile and Main Business
12.8.3 H2O.ai Artificial Intelligence In Insurtech Models, Specifications, and Application
12.8.4 H2O.ai Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.8.5 H2O.ai Recent Developments
12.9 FurtherAI
12.9.1 FurtherAI Company Information, Head Office, Market Area, and Industry Position
12.9.2 FurtherAI Company Profile and Main Business
12.9.3 FurtherAI Artificial Intelligence In Insurtech Models, Specifications, and Application
12.9.4 FurtherAI Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.9.5 FurtherAI Recent Developments
12.10 Federato
12.10.1 Federato Company Information, Head Office, Market Area, and Industry Position
12.10.2 Federato Company Profile and Main Business
12.10.3 Federato Artificial Intelligence In Insurtech Models, Specifications, and Application
12.10.4 Federato Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.10.5 Federato Recent Developments
12.11 AI Insurance (Platform)
12.11.1 AI Insurance (Platform) Company Information, Head Office, Market Area, and Industry Position
12.11.2 AI Insurance (Platform) Company Profile and Main Business
12.11.3 AI Insurance (Platform) Artificial Intelligence In Insurtech Models, Specifications, and Application
12.11.4 AI Insurance (Platform) Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.11.5 AI Insurance (Platform) Recent Developments
12.12 Cape Analytics Inc.
12.12.1 Cape Analytics Inc. Company Information, Head Office, Market Area, and Industry Position
12.12.2 Cape Analytics Inc. Company Profile and Main Business
12.12.3 Cape Analytics Inc. Artificial Intelligence In Insurtech Models, Specifications, and Application
12.12.4 Cape Analytics Inc. Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.12.5 Cape Analytics Inc. Recent Developments
12.13 Quantexa
12.13.1 Quantexa Company Information, Head Office, Market Area, and Industry Position
12.13.2 Quantexa Company Profile and Main Business
12.13.3 Quantexa Artificial Intelligence In Insurtech Models, Specifications, and Application
12.13.4 Quantexa Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.13.5 Quantexa Recent Developments
12.14 Cognizant
12.14.1 Cognizant Company Information, Head Office, Market Area, and Industry Position
12.14.2 Cognizant Company Profile and Main Business
12.14.3 Cognizant Artificial Intelligence In Insurtech Models, Specifications, and Application
12.14.4 Cognizant Artificial Intelligence In Insurtech Revenue and Gross Margin, 2020-2025
12.14.5 Cognizant Recent Developments

13 Conclusion

14 Appendix
14.1 Research Methodology
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Market Estimation Model
14.4 Disclaimer

According to YH Research, the global market for Artificial Intelligence In Insurtech should grow from US$ 6887 million in 2024 to US$ 25157 million by 2031, with a CAGR of 20.0% for the period of 2025-2031.

Artificial Intelligence (AI) in Insurtech market refers to the integration of AI technologies—such as machine learning, natural language processing, and predictive analytics—into insurance processes to enhance underwriting, claims processing, risk assessment, customer service, and sales. By automating repetitive tasks, improving accuracy, and enabling real-time decision-making, AI helps insurers deliver more personalized and efficient services, while also reducing operational risks.

Artificial Intelligence In Insurtech

According to YH Research, the global market for Artificial Intelligence In Insurtech should grow from US$ 6887 million in 2024 to US$ 25157 million by 2031, with a CAGR of 20.0% for the period of 2025-2031.

Unit: US$ M

www.yhresearch.com

In-depth insight into market trends

The upstream segment of this market primarily includes AI software providers, cloud computing platforms, and data analytics companies that supply the core algorithms, models, and computational infrastructure. The downstream segment encompasses insurance carriers, brokers, and digital platforms that implement these AI solutions for end-users, including both individual and enterprise clients. Collaborations between technology vendors and insurers are increasingly common, facilitating faster deployment and integration.

From a cost perspective, AI implementation in Insurtech involves substantial investment in software development, cloud infrastructure, data acquisition, and cybersecurity. However, these upfront costs are gradually offset by reductions in manual labor, faster claims settlement, and improved fraud detection. The scalability of AI solutions also allows insurers to leverage the same systems across multiple lines of business, further enhancing cost efficiency.

Regarding profitability, AI-enabled Insurtech solutions typically exhibit high gross margins, often exceeding 60–70%, depending on the level of automation and subscription-based licensing models. Providers that offer end-to-end platforms, including predictive analytics and real-time risk scoring, can achieve higher margins than those supplying standalone modules. Continuous model training and updates, though costly, are essential to maintain accuracy and customer satisfaction.

Looking ahead, the market outlook for AI in Insurtech is promising. Adoption is expected to accelerate as insurers seek to improve efficiency, comply with stricter regulatory requirements, and deliver personalized products. Advances in AI, coupled with growing data availability, will likely drive higher margins and broader deployment across P&C, health, life, and specialty insurance segments, reinforcing the transformative potential of AI within the insurance ecosystem.

This report studies and analyses global Artificial Intelligence In Insurtech status and future trends, to help determine the Artificial Intelligence In Insurtech market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Artificial Intelligence In Insurtech, and provides market size (US$ million) and Year-over-Year growth, considering 2023 as the base year.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

To assess the competitive environment within the market including supplier revenue, market share, and company profiles.

Highlights
(1) Global Artificial Intelligence In Insurtech market size, history data 2019-2024, and forecast data 2025 -2030, (US$ million)
(2) Global Artificial Intelligence In Insurtech by company, revenue, market share and industry ranking 2019-2024, (US$ million)
(3) China Artificial Intelligence In Insurtech by company, revenue, market share and industry ranking 2019-2024, (US$ million)
(4) Global Artificial Intelligence In Insurtech key consuming regions, consumption value and demand structure
(5) Artificial Intelligence In Insurtech industry chains, upstream, midstream and downstream
Market segment by players, this report covers
    Acko General Insurance
    Quantemplate Limited
    Neos Insurance
    Shift Technology
    Akur8
    ZestyAI
    Lexalytics
    H2O.ai
    FurtherAI
    Federato
    AI Insurance (Platform)
    Cape Analytics Inc.
    Quantexa
    Cognizant

Market segment by Type, covers
    Service
    Product

Market segment by Application, can be divided into
    Property & Casualty
    Health & Life
    Mobility Insurance
    Others

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Report Includes:
Chapter 1: to describe Artificial Intelligence In Insurtech product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global Artificial Intelligence In Insurtech market share and ranking of major manufacturers, revenue, 2019-2024
Chapter 3: China Artificial Intelligence In Insurtech market share and ranking of major manufacturers, revenue, 2019-2024
Chapter 4: Artificial Intelligence In Insurtech industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2019-2030
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2019-2030
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2019-2030
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2019-2030
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions