Insurance Analytics Software
Insurance analytics software helps insurance companies conduct analysis in key insurance practices +Show More
Products | Position | Customer satisfaction | |||
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Leader
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Satisfactory
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Tableau helps people and organizations be more data-driven As the market-leading choice for modern business intelligence, our analytics platform makes it easier for people to explore and manage data and faster to discover and share insights that can change businesses and the world. Everything we do is driven by our mission to help people see and understand data, so our products are designed to put the user first—whether they’re an analyst, data scientist, students, teachers, executive, or business user. Tableau is the most powerful, secure, and flexible end-to-end analytics platform from connection through collaboration. Tableau is the broadest and deepest, end-to-end data and analytics platform. Ensure the responsible use of data and drive better business outcomes with fully-integrated data management and governance, visual analytics and data storytelling, and collaboration—all with Salesforce’s industry-leading Einstein built right in Tableau Cloud empowers smarter, insight-driven decisions with fast, flexible, intuitive analytics. Experience a fully hosted cloud-based enterprise-grade solution on the world's #1 analytics platform. Tableau Prep Builder provides a modern approach to data preparation, making it faster and easier to combine, shape, and clean data for analysis.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
3k-4k employees
Company's social media followers
1m-2m followers
Company
Type of company
private
Founding year
2003
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Leader
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N/A
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RiskMatch is an insurance intelligence solution that provides agencies and brokerages with the data-driven insights they need to grow their business and stay competitive in an increasingly complex industry. With RiskMatch, agencies and brokerages get access to the most comprehensive data available today about their customers, the market, and the entire insurance distribution channel.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
2k-3k employees
Company's social media followers
40k-50k followers
Total funding
$50-100m
# of funding rounds
4
Latest funding date
November 21, 2003
Last funding amount
$10-50m
Company
Type of company
private
Founding year
1998
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Leader
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N/A
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Octo provide a telematics and data analytics solutions that deliver insoght to auto insurance industry
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfactionMarket presence
Company's number of employees
300-400 employees
Company's social media followers
20k-30k followers
# of funding rounds
2
Latest funding date
January 1, 2010
Company
Type of company
private
Founding year
2002
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Challenger
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N/A
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Moody’s Analytics AXIS actuarial system is widely used by life insurers, reinsurers, and consulting firms for pricing, reserving, asset and liability management (ALM), financial modeling, capital calculations, and hedging.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
5k-10k employees
Company's social media followers
100k-1m followers
Company
Type of company
private
Founding year
2008
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Challenger
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N/A
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Majesco Business Analytics provides a solution that helps insurers uncover new opportunities to achieve competitive advantage.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
1k-2k employees
Company's social media followers
20k-30k followers
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Niche Player
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N/A
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With Book Roll Analytics, carriers can digitally request an agency’s book of business, without disrupting agency operations. Whether you’re focused on growing personal or commercial lines, Book Roll Analytics simplifies the process of evaluating new business.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
2k-3k employees
Company's social media followers
40k-50k followers
Total funding
$50-100m
# of funding rounds
4
Latest funding date
November 21, 2003
Last funding amount
$10-50m
Company
Type of company
private
Founding year
1998
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Niche Player
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N/A
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APT's insurance analytics software is built to read a signal in the sea of noise. Test & Learn can pinpoint the impact on metrics like premiums or number of new policies with statistical clarity, allowing you to always know what's working and what's not.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfactionMarket presence
Company's number of employees
2k-3k employees
Company's social media followers
100k-1m followers
Company
Type of company
private
Founding year
1997
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Niche Player
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N/A
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Drive growth with data claims analysis. Dig deep into your clients’ health plan data, reveal hidden costs and deliver targeted, cost-saving solutions using the powerful reporting in Decision Master Warehouse. Benchmark your group's medical and prescription utilization and costs against one of the largest normative sets in the country.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
400-1k employees
Company's social media followers
50k-100k followers
Total funding
$250,000-500,000
# of funding rounds
2
Latest funding date
March 30, 2017
Last funding amount
$50,000-100,000
Company
Type of company
private
Founding year
2013
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Niche Player
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N/A
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Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfactionMarket presence
Company's number of employees
200-300 employees
Company's social media followers
4k-5k followers
Company
Type of company
private
Founding year
1983
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Niche Player
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N/A
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SmartCompliance is the #1 certificate of insurance management software for brokers, insurance consultants, and risk managers. Our easy-to-use certificate tracking software helps insurance professionals streamline their COI processes by automating certificate of insurance tracking and collection, eliminating manual data entry, and ensuring vendor compliance. Mitigate your risk of an underinsured claim by centralizing your tracking process and compliance reporting on one platform.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Number of case studies
1-5 case studies
Company's number of employees
100-200 employees
Company's social media followers
3k-4k followers
Company
Type of company
private
Founding year
2009
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“-”: AIMultiple team has not yet verified that vendor provides the specified feature. AIMultiple team focuses on feature verification for top 10 vendors.
Sources
AIMultiple uses these data sources for ranking solutions and awarding badges in insurance analytics software:
Insurance Analytics Leaders
According to the weighted combination of 4 metrics




What are insurance analytics
customer satisfaction leaders?
Taking into account the latest metrics outlined below, these are the current insurance analytics customer satisfaction leaders:




Which insurance analytics solution provides the most customer satisfaction?
AIMultiple uses product and service reviews from multiple review platforms in determining customer satisfaction.
While deciding a product's level of customer satisfaction, AIMultiple takes into account its number of reviews, how reviewers rate it and the recency of reviews.
- Number of reviews is important because it is easier to get a small number of high ratings than a high number of them.
- Recency is important as products are always evolving.
- Reviews older than 5 years are not taken into consideration
- older than 12 months have reduced impact in average ratings in line with their date of publishing.
What are insurance analytics
market leaders?
Taking into account the latest metrics outlined below, these are the current insurance analytics market leaders:




Which one has collected the most reviews?
AIMultiple uses multiple datapoints in identifying market leaders:
- Product line revenue (when available)
- Number of reviews
- Number of case studies
- Number and experience of employees
- Social media presence and engagement
What are the most mature insurance analytics software?
Which one has the most employees?




Which insurance analytics companies have the most employees?
307 employees work for a typical company in this solution category which is 284 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 12 companies with >10 employees are offering insurance analytics software. Top 3 products are developed by companies with a total of 20k employees. The largest company in this domain is LexisNexis with more than 9,000 employees. LexisNexis provides the insurance analytics solution: LexisNexis Active Insights
Insights
What is the average customer size?
According to customer reviews, most common company size for insurance analytics customers is 1-50 Employees. Customers with 1-50 Employees make up 66% of insurance analytics customers. For an average Insurtech solution, customers with 1-50 Employees make up 65% of total customers.
Customer Evaluation
These scores are the average scores collected from customer reviews for all insurance analytics software. Insurance Analytics Software are most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".
Where are insurance analytics vendors' HQs located?
Trends
What is the level of interest in insurance analytics software?
This category was searched on average for 116 times per month on search engines in 2024. This number has decreased to 0 in 2025. If we compare with other insurtech solutions, a typical solution was searched 133 times in 2024 and this decreased to 0 in 2025.