US companies dominated the global InsurTech market with six of the top 10 deals in H1 2025

top InsurTech companies H1 2025

Key Global InsurTech investment stats in H1 2025:

  • Global InsurTech funding increased by 9% in H1 YoY
  • US companies secured six of the top 10 deals to dominate the global InsurTech marketplace
  • Bestow Inc., a leading InsurTech company transforming the life and annuities sector through its enterprise-focused technology platform, secured one of the biggest global InsurTech deals of the first half of the year with a $70m Series D equity round

Global InsurTech funding increased by 9% in H1 YoY

In H1 2025, the global InsurTech sector saw a modest rebound in total funding despite a slight dip in deal activity.

The number of deals declined by 10% to 104, down from 116 in H1 2024.

However, total investment rose to $1.5bn, marking a 9% increase from the $1.4bn recorded in the same period the previous year.

This growth in capital, despite fewer transactions, suggests a concentration of larger-scale investments and renewed investor confidence in high-potential InsurTech ventures.

The sector appears to be stabilising, with strategic bets on mature startups or companies tackling core insurance challenges.

US companies secured six of the top 10 deals to dominate the global InsurTech marketplace

The top 10 deals in H1 2025 were less geographically diverse compared to the previous year.

The United States significantly expanded its lead with six top deals, up from two in H1 2024.

The United Kingdom also improved its standing with two deals, up from one.

New entrants Brazil and South Africa each secured one top deal, while several countries that had featured prominently in 2024 — including Australia, Indonesia, Singapore, Cyprus, Israel, and the Netherlands — were absent in 2025.

This shift suggests a reallocation of capital towards more established InsurTech ecosystems and fewer bets spread across emerging markets, resulting in a less globally dispersed deal landscape.

Bestow Inc., a leading InsurTech company transforming the life and annuities sector through its enterprise-focused technology platform, secured one of the biggest global InsurTech deals of the first half of the year with a $70m Series D equity round

The round, co-led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital, will fuel Bestow’s continued expansion and accelerate the development of new products tailored to the needs of life insurance and annuity providers.

Having recently shifted focus exclusively to B2B after divesting its consumer-facing life insurance business, Bestow is now positioned as a mission-critical partner for major insurers, offering an end-to-end platform that spans product design, underwriting, and policy administration.

With a 3.5x YoY increase in transaction volume and partnerships with institutions like Nationwide, Transamerica, and USAA, the company is redefining operational efficiency and digital transformation across the insurance value chain.

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