1、State of InsurtechGlobal|Q2 2025Global data and analysis on dealmaking,funding,and exits by private market insurtech companiesState of Insurtech2 2Action is better.Action is better.We track and compare the worlds companies.Our AI agents keep you a step ahead of competitors and disruption.Trusted by

2、the worlds smartest companies:Every big tech company.Every top professional services firm.26 of the top 30 banks.All ten Fortune 10 companies.Put our AI agents to work today.IIIIIIStart free trialState of Insurtech3 3“Steal”our data.Download the underlying data in this report.If you create any analy

3、sis or visualizations with this data,send it our way and you could be featured in the CBI newsletter.us on social LinkedIn X(Twitter)InstagramIIIIDownload the raw dataTL;DRTL;DR4Your rundown oninsurtech in Q225$0.4BP&C insurtech funding falls to an 8-year low.The decline in funding comes as no P&C i

4、nsurtech raised a Series D+deal in Q225.Even so,P&C insurtech did see its first IPO since Q224:Florida-based home insurer Slide Insurance completed its IPO at a$2.1B valuation.See the data 2$100M+mega-round deals drive an L&H funding surge.See the data 5 ICHRA platforms raised$234M in equity funding

5、 in Q225:Gravie($144M),Thatch($40M),Venteur($20M),Zorro($20M),and zizzl health($10M).The ICHRA platforms market has seen favorable traction over the past year,evidenced by widespread Mosaic score increases.See the data 55 ICHRA startups capture nearly 1 in 5 insurtech dollars.$1.1BGlobal insurtech f

6、unding across 91 deals.Insurtech funding and deals declined 21%and 9%,respectively quarter-over-quarter from Q125.The median insurtech deal size fell by 19%to$4.2M in 2025 YTD.Unlike the broader venture environment,insurtech has not experienced an AI-driven funding boom in recent quarters.See the da