Ireland’s InsurTech ecosystem is accelerating international expansion, with 122 companies now operating across 17 counties and 21 solution categories, according to InsTech.ie’s Irish InsurTech Report 2025. The report highlights AI adoption, collaborative innovation, and market growth as central to the sector’s digital transformation.

InsTech.ie’s report shows 86% of firms plan to expand into new markets, including the UK, US, and Europe. Twenty-eight percent reported sales into the UK, 15% into Europe, and 14% into the US in 2025. AI is critical to this expansion, with 92.9% of companies using AI for underwriting, claims, and customer engagement, alongside widespread deployment of large language models.

Gary Leyden, chief executive of InsTech.ie, said Ireland’s InsurTech story “is no longer just one of potential, but one of global presence.” He added, “We are now seeing Irish innovators selling and scaling abroad faster than ever, while international firms continue to choose Ireland as a trusted base for expansion. The maturity and ambition of this community are increasingly evident.”

InsTech.ie’s report highlights programmes such as the Foundry Accelerator and the Digital Sandbox, which provide start-ups with “a secure space to innovate” while enhancing cross-border collaboration. Access to synthetic data and standardised testing enables firms to validate technologies and accelerate deployment in compliance with regulatory frameworks.

Leading Irish InsurTech companies, including FINEOS, DOCOsoft, Gamma Risk, Exante, Inaza, and Kayna, are expanding operations into the UK, US, and wider European markets. InsTech.ie aims to strengthen collaboration between these innovators and established insurers to maintain Ireland’s reputation as a centre for insurance technology development.

Access the full story on InsTech.ie Irish InsurTech Report 2025 to see how Irish firms are driving global digital transformation.

(Photo credits to Gary Leyden's LinkedIn)