Key European InsurTech investment stats in 2025:
- European InsurTech funding dropped by 40% YoY in 2025
- UK emerged as the top European InsurTech hub as companies based in the country secured 30% of top 10 deals from the region
- Insify, an InsurTech platform focused on providing tailored digital insurance solutions for freelancers and small to medium-sized enterprises (SMEs), secured one of the top European InsurTech deals of the year with a $17.6m Series B funding round
European InsurTech funding dropped by 40% YoY in 2025
In 2025, the European InsurTech sector recorded 43 transactions, representing a decline of 27% from the 59 deals completed in 2024.
Total investment also fell to $519.6m in 2025 from $860.8m in 2024, reflecting a 40% decrease in funding.
The sharper contraction in capital deployed relative to deal volume indicates a reduction in average deal sizes, suggesting that investors adopted a more cautious approach, with fewer large-scale transactions completed across the European InsurTech market.
UK emerged as the top European InsurTech hub as companies based in the country secured 30% of top 10 deals from the region
The top 10 deals in 2025 showed a more balanced geographic distribution compared to 2024.
The UK strengthened its position, increasing from one top deal in 2024 to three in 2025, while Germany and France each recorded two deals, with France experiencing a notable decline from six deals in 2024.
The Netherlands maintained a consistent presence with one deal in both periods. New entrants in 2025 included Sweden and Ireland, each securing one top deal.
In contrast, Spain, which featured in 2024, did not appear in 2025.
Overall, the shift reflects a move away from France’s previous dominance towards a more distributed landscape led by the UK and supported by a broader mix of European markets.
Insify, an InsurTech platform focused on providing tailored digital insurance solutions for freelancers and small to medium-sized enterprises (SMEs), secured one of the top European InsurTech deals of the year with a $17.6m Series B funding round
It was led by Evli Growth Partners, alongside continued support from Accel, Opera Tech Ventures, Munich Re Ventures, Visionaries Club, and Frontline Ventures.
Founded to simplify and modernise business insurance, Insify leverages AI-driven technology to streamline onboarding, automate underwriting, and offer flexible, transparent coverage designed specifically for self-employed professionals.
The funding will be used to accelerate Insify’s European expansion, enhance its suite of AI-powered insurance products, and strengthen its digital platform across key markets including the Netherlands, France, and Germany.
Serving thousands of professionals across sectors such as consulting, design, and skilled trades, the company has seen its gross written premiums more than triple since its Series A extension, underscoring its growing role in reshaping the SME insurance landscape across Europe.
Keep up with all the latest InsurTech news here
Copyright © 2026 InsurTech Analyst
