AI-native insurance platform market seen reaching $24.35 billion by 2030

The artificial intelligence-native insurance platform market is projected to grow from $4.97 billion in 2025 to $24.35 billion by 2030, driven by demand for automation, fraud detection and personalized insurance products. North America led the market in 2025, while Asia-Pacific is expected to grow fastest over the next several years.

Why it matters: - AI-native insurance platforms are becoming a core operating layer for insurers, not just a back-office tool. - The platforms are designed to cut costs, speed claims and underwriting, and improve customer experience through AI-driven decision-making. - Growth in fraud and cyber risk is making automated detection and real-time analytics more valuable for insurers.

What happened: - The Business Research Company released its Artificial Intelligence-Native Insurance Platform Global Market Report 2026, covering market size, trends and forecasts for 2026-2035. - The market is projected to rise from $4.97 billion in 2025 to $6.84 billion in 2026. - The report forecasts the market will reach $24.35 billion by 2030. - The report puts the market’s CAGR at 37.8% from 2025 to 2026 and 37.4% through 2030.

The details: - Artificial intelligence-native insurance platforms are built on machine learning and real-time analytics. - The systems aim to improve risk assessment, streamline insurance operations and enable tailored policy offerings. - Historic growth has been driven by digital insurance adoption, demand for more efficient operations, fraud prevention, customer data analytics and automated claims management. - Future growth is expected to come from personalized insurance products, real-time behavioral data analytics, autonomous decision-making, AI-powered customer engagement and intelligent underwriting. - Key trends include real-time policy customization, predictive risk scoring, straight-through insurance processing, claims automation and customer-centric digital ecosystems. - The Federal Bureau of Investigation’s Internet Crime Complaint Center reported an 18% increase in ransomware complaints, from 2,385 in 2022 to 2,825 in 2023. - The report says that rising fraud and cyber threats are widening the use case for AI-native insurance tools. - North America was the largest regional market in 2025. - Asia-Pacific is forecast to be the fastest-growing region in the coming years. - The report also covers South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The full report is available here. - A free sample is available here.

Between the lines: - The forecast points to insurers moving from partial automation to platforms that make more decisions in real time. - The combination of fraud pressure and customer-demand pressure suggests AI adoption is being driven by both risk management and revenue opportunities. - Regional leadership in North America, with faster growth in Asia-Pacific, signals a market that is both mature and still expanding geographically.

What's next: - The report says the market will keep expanding through 2030 as insurers invest more in automated claims, underwriting and customer engagement. - The business research company says its 2026 reports add market attractiveness scoring, TAM analysis, company scoring matrices, forecasting dashboards, hotspots infographics and updated graphics and tables.