Asia-Pacific insurtech market secures 16% of global funding landscape

Early-stage investments fell to a five-year low of $170.8m, globally.

Asia-Pacific held 16% of the total global insurtech funding landscape in the second quarter (Q2 2025), with $22m raised across 10 deals, according to CoinLaw. 

North America led with about 60% of global deal share in Q2 2025, whilst Europe accounted for 21%.

Global insurtech funding has exceeded $60.8b since 2012, with $1.31b raised in the first quarter of 2025 (Q1 2025).

Early-stage investments fell to a five-year low of $170.8m during the period, whilst M&A activity remained strong, highlighted by Munich Re’s $2.6b acquisition of Next Insurance.

AI-focused insurtechs captured 61.2% of Q1 2025 deals, raising $710.9m. 

The number of insurtech unicorns rose to 35, with total capital raised surpassing $20.2b and combined valuations estimated at $106b.