Insurance Aggregators Market Report 2026

The insurance aggregators market size has grown exponentially in recent years. It will grow from $44.36 billion in 2025 to $55.13 billion in 2026 at a compound annual growth rate (CAGR) of 24.3%. The growth in the historic period can be attributed to growth of online insurance distribution channels, rising consumer demand for price transparency, increasing internet penetration, expansion of digital financial services adoption, growth in multi-insurer product offerings.

The insurance aggregators market size is expected to see exponential growth in the next few years. It will grow to $124.62 billion in 2030 at a compound annual growth rate (CAGR) of 22.6%. The growth in the forecast period can be attributed to rising adoption of embedded insurance platforms, increasing use of advanced analytics for risk profiling, growing demand for instant policy issuance, expansion of insurtech ecosystems, increasing focus on regulatory-compliant digital platforms. Major trends in the forecast period include increasing adoption of ai-driven quote comparison engines, rising use of personalized insurance recommendation tools, growing integration of real-time policy pricing platforms, expansion of mobile-first insurance aggregation apps, enhanced focus on user experience and transparency.

The growth of digital brokers is expected to propel the insurance aggregator market forward. Digital brokers facilitate the buying and selling of financial assets such as stocks, bonds, commodities, currencies, and securities through digital means. Insurance aggregators are in demand because they enhance market competitiveness by providing access to the best prices and special deals from insurers, thereby helping agencies attract and retain clients effectively. These aggregators leverage digital brokers to enhance their offerings, utilizing advanced functionalities and robo-adviser features to efficiently offer a wide range of insurance products. For example, according to The Insurance Business in March 2024, Fast Brokerages have shown significant growth, with a 144% average growth rate over the last two years, and newer entrants achieving even higher rates at 452%, underscoring the impact of digital brokers on market expansion. Thus, the increasing number of digital brokers is a key driver of growth in the insurance aggregator market.

Leading companies in the insurance aggregator market are leveraging advanced technologies, such as AI-powered health insurance plans, to improve plan comparison, personalization, and customer experience. AI-powered health insurance plans use artificial intelligence to refine risk assessment, streamline claims processing, offer tailored recommendations, enhance fraud detection, and support customer interactions. For example, in July 2024, ICICI Lombard, an insurance provider based in India, introduced the Elevate health insurance plan. This plan delivers personalized coverage, featuring unlimited sum insured, limitless claim amounts, and shortened waiting periods for pre-existing conditions. Integrated with AI for efficient claims processing, Elevate also includes wellness programs to encourage healthy lifestyles, aiming to deliver comprehensive financial protection and peace of mind in managing healthcare expenses.

In April 2023, Religare Group, an India-based financial services company, acquired MIC Insurance Web Aggregator for an undisclosed sum. This strategic acquisition is intended to bolster Religare Group's insurance services, leveraging disruptive technologies and robust governance to extend its offerings to a wider audience and accelerate digital expansion. MyInsuranceClub (MIC), based in India and approved by IRDAI, operates as an online platform specializing in the distribution and comparison of insurance products.

Major companies operating in the insurance aggregators market are InsuranceDekho Services Private Limited, One97 Communications Limited, TurtleMint Technologies Private Limited, CHECK24 Vergleichsportal GmbH, The Zebra Insurance Services LLC, Gocompare.com Limited, Hippo Comparative Services (Pty) Ltd, Huize Holding Limited, OneInsure Online Solutions Private Limited, Policybazaar Insurance Web Aggregator Private Limited, RenewBuy Insurance Services Private Limited, Acierto.com S.L.U., Toffee Insurance Broking Private Limited, Rastreator.com Correduría de Seguros S.L.U., PolicyX.com Insurance Web Aggregator Private Limited, Insurify Insurance Services Inc., LesFurets.com SAS, Covernest Insurance Web Aggregator Private Limited, Singsaver Insurance Brokers Pte. Ltd., GoBear Limited, LeLynx SAS, MoneyHero Insurance Brokers Limited, SureHits LLC, Tarifcheck.de AG.

North America was the largest region in the insurance aggregators market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the insurance aggregators market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the insurance aggregators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The insurance aggregator market includes revenues earned by entities through commissions, listing fees, and advertising. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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