What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in insurance api category. Our data sources in insurance api category include;
Insurance APIs retrieve insurance-related data to help users determine if they are eligible for specific health benefits and provide information about existing insurance benefits.
If you’d like to learn about the ecosystem consisting of Insurance API and others, feel free to check AIMultiple Industry APIs.
AIMultiple is data driven. Evaluate 44 services based on
comprehensive, transparent and objective AIMultiple scores.
For any of our scores, click the information icon to learn how it is
calculated based on objective data.
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We use the data sources on the side for ranking solutions and awarding badges in insurance api category. Our data sources in insurance api category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Vertafore API
Cytora Addresses API
TruePill API
Guidewire API
Lemonade API
Taking into account the latest metrics outlined below, these are the current insurance api market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Vertafore API
Cytora Addresses API
TruePill API
Guidewire API
Lemonade API
These are the number of queries on search engines which include the brand name of the solution. Compared to other Industry APIs categories, Insurance API is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 77%, 5% more than the average of search queries in this area.
472 employees work for a typical company in this solution category which is 451 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 7 companies with >10 employees are offering insurance api. Top 3 products are developed by companies with a total of 4k employees. The largest company building insurance api is Guidewire with more than 2,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Vertafore API
Cytora Addresses API
TruePill API
Guidewire API
Cover Genius XCover API
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Insurance API companies.
This category was searched on average for 774 times per month on search engines in 2022. This number has decreased to 590 in 2023. If we compare with other industry apis solutions, a typical solution was searched 1.5k times in 2022 and this increased to 1.6k in 2023.