NEW YORK, August 28, 2024 – CB Insights today named Nayya to its third annual Insurtech 50, showcasing the 50 most promising private insurtech companies in the world.

“The 2024 Insurtech 50 winners are high-momentum companies shaping the future of insurance today,” said Chris Sekerak, Senior Analyst at CB Insights. “From AI-powered products to commercial insurance innovation, these startups are realizing many of the industry's biggest opportunities.”

Utilizing the CB Insights platform, the 50 winners were chosen based on several factors, including CB Insights datasets on deal activity, industry partnerships, team strength, investor strength, patent activity, employee headcount, and proprietary Commercial Maturity and Mosaic Scores. We also dug into Analyst Briefings submitted directly to us by startups.

Inspired by the end-employee. Powered by data. Nayya is revolutionizing the way consumers experience group benefits. Nayya drives benefits impact from enrollment to usage to re-enrollment through:

• Data infused personalization — bringing together data in order to surface hyper-relevant guidance at scale
• Optimized benefits spend — holistic solutions that balances healthcare needs and value with financial affordability
• Digital engagement expertise — drive ultimate benefit impact through intuitive, timely member experiences

Quick facts on the 2024 Insurtech 50:

• 500+ business relationships since 2020, including with industry leaders like Swiss Re and Tokio Marine.
• More than a dozen countries represented, spanning Asia, Australia, Europe, and North America.
• $5.6B in equity funding raised over time, including $1B in 2024 so far (as of 8/19/24).
• 40% of winners are early-stage insurtechs, from AI assistants to embedded insurance platforms.

About CB Insights

CB Insights is an AI super analyst for market intelligence. It delivers instant insights that help you bet on the right markets, track competitors, and source the right companies. Our AI super analyst is powerful because it is built on the validated database of companies and markets that CB Insights is famous for. To learn more, please visit www.cbinsights.com.

About Nayya

Nayya is a leader in benefits intelligence, driving innovation to create a future where every employee experiences benefits that are continuously tailored to their unique needs. By combining data-infused personalization with holistic guidance, Nayya enhances benefits understanding, reduces user friction, and drives impact across the entire benefits journey—from enrollment to utilization to re-enrollment. Our solutions empower individuals to make informed decisions, balancing healthcare needs with financial planning by delivering intuitive, impactful experiences that elevate overall well-being. Founded in 2019, Nayya continues to innovate in the benefits space, driving positive change in the way benefits are offered and utilized.

For more information, nayya.com.