Market map · Europe

Insurtech market map: Europe

77 insurtech startups based in Europe that have raised money in rounds we track, placed in 7 segments by what each says it does. Together they have raised $2.8B; the biggest segment is health and life.

77startups on the map
7segments
$2.8Braised between them
Health and lifemost funded segment

Health and life

17

Underwriting and claims software

16

Small business cover

12

Car and mobility

11

Home and property

8

Embedded insurance

7

Parametric and climate cover

6

Segment by segment

Health and life

17 startups · $1.1B raised

  1. AlanAlan is a prominent digital health partner based in France, recognized as the first new licensed health insurance company in the cFrance$733M
  2. Penelope HealthWe believe that information asymmetry is a root cause of market inefficiencies within US healthcare.United Kingdom$100M
  3. YuLifeYuLife is a London-based insurtech company founded in 2016 that aims to redefine life insurance.United Kingdom$75M
  4. QantevQantev is an Insurtech startup based in Paris, France, specializing in AI solutions for the health and life insurance sectors.France$34M
  5. Santexpat.frSantexpat is a health insurance platform for French expatriates in more than 200 countriesFrance$30M
  6. DalmaDalma is a digital pet insurance provider based in France, now serving the German market since October 2023.France$22M
  7. DeadHappyDeadHappy was a UK-based insurtech company founded in 2013, known for its digital, pay-as-you-go life insurance and will management platform.United Kingdom$22M
  8. QumataQumata is a global InsurTech and data science company founded in 2017, focused on AI-powered digital risk assessment for the life United Kingdom$13M

Underwriting and claims software

16 startups · $330M raised

  1. MarshmallowMarshmallow Technology Ltd., founded in 2017 in London, is a British insurtech and fintech company.United Kingdom$135M
  2. CanopiusCanopius is an insurance and underwriting services provider.United Kingdom$59M
  3. CriteriaCriteria provides insurance claims and loss adjustment services.United Kingdom$56M
  4. QuanTemplateQuantemplate is an AI-powered SaaS platform tailored for the re/insurance industry, including insurers, reinsurers, and managing gUnited Kingdom$22M
  5. ZZelrosZelros is an end-to-end AI business platform that integrate standard scenarios for sales & claims.France$16M
  6. WallifeWallife is an insurtech startup based in Rome, Italy, founded in 2020 and operational since 2022.Italy$12M
  7. OptalitixOptalitix is a London-based software provider that specializes in a low-code/no-code cloud platform designed for digitizing pricinUnited Kingdom$6.6M
  8. InsooreInsoore is an Insurtech company based in Rome, Italy, that connects insurance and fleet management companies with a network of expItaly$6.0M

Small business cover

12 startups · $224M raised

  1. Artificial LabsArtificial Labs is a London-based technology company specializing in algorithmic underwriting, digital broking, and placement softUnited Kingdom$73M
  2. CytoraCytora is a configurable platform that enables commercial insurers to create digital workflows by digitising, evaluating and routing risks.United Kingdom$45M
  3. KonsileoKonsileo is a UK-based commercial insurance broker and risk management adviser that leverages technology to enhance the insurance United Kingdom$26M
  4. ConcirrusConcirrus is an AI-native underwriting platform based in London, England, founded in 2011.United Kingdom$22M
  5. Broker InsightsBroker Insights is an insurtech company that enhances the global commercial insurance industry through data-driven decision-making.United Kingdom$22M
  6. InsifyInsify is an insurance company that offers digital insurance solutions to freelancers and small businesses.Netherlands$19M
  7. NimblaNimbla is a London-based fintech company founded in 2016, specializing in a digital insurance platform that protects small and medUnited Kingdom$7.0M
  8. Jove InsuranceJove Insurance is a London-based insurtech company founded in 2020 that specializes in borderless, subscription-based business insurance.United Kingdom$4.5M

Car and mobility

11 startups · $258M raised

  1. Prima.itPrima.it is an insurance agency that provides car, motorcycle, and home insurance services.Italy$116M
  2. By MilesBy Miles is reinventing car insurance - pay an annual cost to cover your car while it's parked, then pay by the miles you drive each month.United Kingdom$25M
  3. TrastiTrasti is a car insurance agency that offers vehicle purchase, sales, towing, and glass insurance services.Poland$25M
  4. WayWay is an all-in-one car ownership platform, offering everything from parking to charging.Finland$23M
  5. CuvvaCuvva is a UK-based insurtech company founded in 2014 by Freddy Macnamara.United Kingdom$20M
  6. TuioTUIO is an automotive company that specializes in car subscription services.Spain$17M
  7. CauraCaura is a London-based technology company founded in 2018, specializing in vehicle administration management.United Kingdom$9.6M
  8. BdeoBdeo is a Spanish insurtech company founded in 2017, specializing in Visual Intelligence technology.Spain$9.3M

Home and property

8 startups · $660M raised

  1. Fidelis InsuranceFidelis Insurance is a property and casualty (re)insurance start up.United Kingdom$400M
  2. ZegoZego is a property management automation company founded in 2003 and is now a subsidiary of Global Payments.United Kingdom$150M
  3. hyperexponentialhyperexponential is a London-based financial software company founded in 2017, focusing on pricing decision intelligence (PDI) forUnited Kingdom$87M
  4. GarantMeGarantMe enables renters to apply online and get a certified guarantor guarantee to lease housing in France.France$16M
  5. EstalyEstaly is a French tech-enabled insurance startup founded in 2022 by Mathis Batoul, Youssef Kanouni, and Karim Mezzour.France$3.9M
  6. SmartGarantSmartGarant is a French proptech and fintech startup founded in 2019, headquartered in Paris.France$1.1M
  7. OkifyOkify is a platform that simplifies and improves the home change process for renters, real estate professionals, and homeowners.Spain$1.1M
  8. Quota RentQuota Rent is a Madrid-based PropTech startup founded in 2021 that focuses on enhancing the rental housing process through an AI-dSpain$485K

Embedded insurance

7 startups · $68M raised

  1. WriskWrisk is a London-based insurtech company founded in 2016, specializing in embedded insurance technology for the automotive OEM sector.United Kingdom$24M
  2. HepsterHepster is an InsurTech company that focuses on the insurance sector.Germany$21M
  3. Alicia InsuranceAlicia Insurance, based in Rotterdam, Netherlands, is an insurtech scale-up founded in 2019.Netherlands$7.4M
  4. ElmaElma Electronic is a global leader in embedded computing solutions and electronic enclosures, founded in 1986 in Wetzikon, Switzerland.Spain$6.6M
  5. bsurancebsurance is a Vienna-based InsurTech company founded in 2017, specializing in an embedded insurance platform.Austria$4.6M
  6. LoxaLoxa is a London-based insurtech company founded in 2023, originally named Bolt Cover.United Kingdom$3.6M
  7. EmbriEmbri is an Insurtech platform providing integrated and embedded insurance solutions to the high-end luxury retail sector.United Kingdom$410K

Parametric and climate cover

6 startups · $160M raised

  1. EthosEthos ESG, now part of ACA Group, specializes in data and analysis services that assess the impact of companies and funds on varioUnited Kingdom$143M
  2. Renew RiskRenew Risk is a London-based InsurTech and FinTech company founded in 2021.United Kingdom$7.1M
  3. 7Analytics7Analytics is a Norwegian climate-tech startup founded in 2017, focused on developing high-precision artificial intelligence modelNorway$4.3M
  4. Celest ScienceCelest.Science is a climate tech startup based in Montpellier and Paris, founded in March 2023.France$2.3M
  5. Meteo ProtectMeteo Protect is an insurance underwriting and technology company specializing in parametric insurance.France$1.5M
  6. MitigrateMitigrate is an Oslo-based ClimateTech and InsurTech SaaS company founded in 2021.Norway$1.3M

How this map is made. Every startup here has raised money in rounds we track, and is based in Europe. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in insurtech, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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