Insurtechs ranked by total premiums received in 2022

Oscar Health collected the highest amount of premiums from its members in 2022 among all insurtechs, according to a May 30 analysis from S&P Global.

The analysts noted that insurtech direct premiums grew significantly last year, with about a dozen companies across insurance industries reporting growth of 100 percent or more. 

Health insurtechs that wrote the most direct premiums in 2022:

  • Oscar: $4.9 billion, up 109 percent

  • Bright Health: $4.1 billion, up 56 percent

  • Friday Health Plans: $1.4 billion, up 364 percent

  • Devoted Health: $1.1 billion, up 107 percent

  • Clover Health: $1.1 billion, up 36 percent

Editor's note: The term "insurtech" was used to describe the companies studied in S&P's analysis and does not necessarily reflect how each company would self-describe.

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