Key Global InsurTech investment stats in Q3 2025:
- Global InsurTech deal activity grew by 19% QoQ in Q3
- US companies secured over half of all deals to cement their position as global InsurTech leaders in the second quarter of the year
- INSHUR, a global InsurTech platform that provides AI-driven commercial insurance solutions for the on-demand mobility sector, secured one of the biggest InsurTech deals of the quarter with a $35m funding round from Trinity Capital
Global InsurTech deal activity grew by 19% QoQ in Q3
In Q3 2025, the global InsurTech industry saw deal activity remain stable but continued to experience subdued funding levels compared to the previous year.
The sector raised $752.5m across 75 deals, representing a 68% decline in funding from the $2.4bn recorded in Q3 2024.
However, it is important to note that Q3 2024’s total included the $1bn Sedgwick deal, which significantly inflated the figure.
Excluding this transaction, funding in Q3 2024 would have stood at $1.4bn, meaning Q3 2025 funding actually represents a 46% decline year-on-year.
Deal activity, meanwhile, saw a 3% increase, rising from 73 to 75 transactions.
When compared with Q2 2025, funding remained broadly stable, increasing slightly by 0.4% from $749.6m, while deal volume rose by 19%, indicating early signs of a modest recovery in investor appetite after a period of pronounced market caution.
US companies secured over half of all deals to cement their position as global InsurTech leaders in the second quarter of the year
The US continued to dominate global InsurTech market, with companies in the country accounting for 43 deals (57% share) in Q3 2025, up 10% from the 39 deals (53% share) recorded in Q3 2024.
The UK followed with 9 deals (12% share), replacing France, which had recorded 7 deals (10% share) in the same period last year.
Germany ranked third with 4 deals (5% share), maintaining a similar position to India, which also had 4 deals (5% share) in Q3 2024.
Despite a challenging funding environment, the US expanded its lead in global InsurTech activity, while the UK and Germany strengthened their relative positions, underscoring the continued concentration of deal flow within established markets even as overall funding levels remain subdued.
INSHUR, a global InsurTech platform that provides AI-driven commercial insurance solutions for the on-demand mobility sector, secured one of the biggest InsurTech deals of the quarter with a $35m funding round from Trinity Capital
The investment will be used to enhance INSHUR’s artificial intelligence capabilities, advance R&D into autonomous vehicle (AV) insurance, and accelerate its growth across the United States.
Operating globally, INSHUR’s platform simplifies insurance for rideshare and delivery drivers, fleet operators, and mobility platforms such as Uber, and has surpassed 1 million policies sold in the UK.
The funding will support the expansion of innovative programmes, including on-demand and off-rental coverage solutions for car rental fleets, and initiatives like Uber’s ‘Bring Your Own Insurance’.
INSHUR aims to leverage advanced AI to improve underwriting precision and real-time pricing, cementing its position as a world-class leader in mobility insurance.
With consistent growth above 50% CAGR since 2023, the company is on track to surpass a $100m revenue run rate within a year while advancing profitability and shaping the future of autonomous and on-demand insurance.
Keep up with all the latest InsurTech news here
Copyright © 2025 InsurTech Analyst
