Most Q1 insurtech funding deals involve AI-focused companies: Gallagher Re - Business Insurance

Article ID: 27e56ba6e52575c5e533d36914a5182e10b578fd982124e9ca9c3203b279c95f

Source ID: secondary:businessinsurance.com

Published At: -

Extraction Method: bs4_heuristic

URL: https://www.businessinsurance.com/most-q1-insurtech-funding-deals-involve-ai-focused-companies-gallagher-re/

Body Text

Most Q1 insurtech funding deals involve AI-focused companies: Gallagher Re - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Most Q1 insurtech funding deals involve AI-focused companies: Gallagher Re by Matthew Lerner Mergers and Acquisitions , P/C Insurers , Reinsurance , Technology Arthur J. Gallagher & Co. May 7, 2026 Artificial intelligence dominated the insurtech landscape as 95.2% of first-quarter funding deals involved the budding technology, raising $1.55 billion across 68 deals. This was the lion’s share of the total $1.63 billion across 81 deals in first-quarter insurtech funding, almost flat from the $1.63 billion from fourth-quarter 2025, according to a report from Gallagher Re on Thursday. Funding was up, however, on a year-over-year basis, up 24.2% from first-quarter 2025. The U.S. saw 52% of all first-quarter insurtech funding, followed by the United Kingdom with 7% and France at 5%. All of the quarter’s top 10 deals by funding amount went to AI-centered companies. AI-labeled insurtech companies had an overall average deal size of $25.8 million higher than the overall deal size average, the report said. AI-centered insurtech companies saw an average deal size of $22.1 million — slightly above the overall fourth-quarter 2025 average – when they raised $1.31 billion across 66 deals. Fourth-quarter 2025 and first-quarter 2026 were the highest for global insurtech funding since the third-quarter of 2022, according to Andrew Johnston, global head of insurtech at Gallagher Re, “further evidence that there is a return of capital into this space,” he said in a statement with the report. The dominance of funding for AI highlights “the industry’s commitment to this transformative technology,” he said. Related News Greg Joyce named Canada energy, power leader for Marsh Risk May 7, 2026 Insurance renewal rates mixed in April May 7, 2026 Markel promotes Da Costa to lead US cyber, tech E&O May 7, 2026 Challenges multiply in construction insurance: Aon May 7, 2026 Feds expand pharmacy benefit program May 7, 2026 California regulators post proposed medical evaluator rules May 7, 2026 Lotsa pasta drama May 7, 2026 Captives jump in to insure complex risks in higher ed May 7, 2026 Everest names ex-Canopius US CEO for wholesale, specialty role May 7, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.

Metadata (JSON)

{
  "score": 11.8
}