League named in InsurTech100 2024 list for companies transforming the insurance industry

Specialist research firm FinTech Global has released the seventh edition of its influential InsurTech100 list, highlighting the leading innovators developing solutions to the critical challenges facing the insurance sector over the coming years.

Despite challenging macroeconomic and funding environment recently, the InsurTech industry continues to show resilience, recording strong year-on-year growth. Based on recent reports the sector’s market size has grown from $18.7bn in 2023 to $25.9bn in 2024. The long-term growth potential of the sector is also providing hopeful reading for investors and industry stakeholders. The InsurTech market is set to grow to a size of $496.5bn by 2033, a whopping 38.8% CAGR growth rate. 

Given this strong growth, it is not surprising this year’s contest to make the InsurTech100 ranking was the most competitive to date. To compile the list, a panel of seasoned analysts and industry veterans meticulously reviewed over 2,100 nominations presented by FinTech Global.

Each application was assessed on its ability to leverage technology, to either tackle a significant industry obstacle, or enhance efficiency across the insurance value chain, with only the most innovative and impactful companies making the final cut.

FinTech Global CEO Richard Sachar commented on the importance of the list, stating, “The InsurTech100 is a vital resource for industry leaders looking to stay ahead of the curve. The companies that have worked their way onto the list are driving real innovation and providing the tools insurers need to navigate the complexities of digital transformation in this dynamic marketplace.” 

“As industry leaders refine their technology strategies, these companies are playing a pivotal role in shaping the future of insurance. The solutions they offer—ranging from artificial intelligence and machine learning to telematics—are changing the game across the sector.”

A full list of the InsurTech100 for 2024 and detailed information about each company is available at www.TheInsurTech100.com.

League is celebrating its 10-year anniversary this year. Their modular and interoperable platform empowers payers and providers to digitally transform their consumer experience, making it easy to find, understand and use care. This recognition comes on the heels of other notable market momentum for League including three mentions in Gartner® Hype Cycle™ reports, inclusion in The Forrester Wave™: Customer Experience Platforms For Healthcare, Q3 2024, and new member portal research from Becker’s Healthcare.

About League

Founded in 2014, League is a platform technology company powering next-generation healthcare consumer experiences. Payers, providers and consumer health partners build on League’s healthcare CX platform to deliver high-engagement, personalized healthcare experiences consumers love. Millions of people use solutions powered by League to access, navigate and pay for care. League recently announced a $95 million funding round led by TDM Growth Partners, backer of breakthrough platforms Square, Twilio and Slack, bringing the total funding to $220 million. League is also among Deloitte’s Technology Fast 500, CB Insights’ Digital Health 150 and was named the Next Healthtech Unicorn by Accenture, among many other acknowledgements.