Database referenced is Dakota Marketplace, the global LP and GP intelligence platform trusted by thousands of investment professionals. Learn More | Book a Ddemo
U.S. insurers held $639 billion in Schedule BA assets (the category covering private equity, hedge funds, and other alternative investments) at year-end 2025, a 10.5% increase from the prior year (NAIC Capital Markets Bureau, 2026). At the same time, the number of U.S. insurers outsourcing investment management to external managers kept climbing through year-end 2024, and nearly 90% of insurers that outsource now hand more than 10% of assets to a single external manager (NAIC Capital Markets Bureau, "Outsourcing Investment Managers YE2024").
Insurance general accounts are allocating more, to more managers, across more asset classes than they were three years ago. The problem for investment sales teams hasn't changed: general accounts are still one of the least transparent channels to research, with contact information and portfolio detail scattered across regulatory filings, ratings agencies, and paid data platforms.
Below is a look at where to find insurance company data in 2026.
Top Databases for Insurance Companies
Dakota Marketplace tracks 3,137 insurance company accounts in the US, with key contacts at the general account level, AUM detail, portfolio holdings across long-only and alternative allocations, and insurance group structure showing how holding companies connect to their subsidiaries.
Unlike ratings agencies or regulatory databases, Dakota Marketplace is built specifically for investment sales teams targeting general accounts as allocators. The same platform also carries Dakota's Public Plan Minutes, manager presentation library, and CRM integrations (Salesforce, HubSpot, Backstop, DealCloud), so insurance research sits alongside the rest of an investment sales team's pipeline instead of in a separate subscription.
Best for: Investment sales teams who need general account contacts, AUM, and portfolio holdings in one platform, without cross-referencing ratings filings separately for each account.
AM Best
AM Best is the credit rating agency of record for the insurance industry, covering more than 17,540 insurers worldwide through its Best's Financial Suite. Best's Insurance Reports and Best's Financial Reports provide financial strength ratings, up to 11 years of financial history, and underwriting detail by company.
Best for: Credit and financial strength analysis on a specific insurer or its peer group. AM Best is a research and ratings tool first; it is not built for prospecting or contact-level outreach, and pricing isn't published (contact AM Best directly).
Skip the cross-referencing. Dakota Marketplace tracks 3,137 US insurance company accounts with key contacts, AUM, portfolio holdings, and group structure already connected, no need to pull ratings data from one source and contacts from another. Book a demo.
NAIC
The National Association of Insurance Commissioners publishes the regulatory data every US insurer is required to file, including the Capital Markets Bureau's special reports on asset mix, alternative investment exposure (Schedule BA), and investment outsourcing trends. This is the primary source for the asset-class-level statistics cited above.
Best for: Regulatory-grade data on asset allocation trends across the entire US insurance industry, segmented by state. NAIC data is aggregate and statutory in nature, the best source for understanding where the market is moving, but not a contact database for outreach to individual general accounts.
S&P Global Market Intelligence
S&P Global Market Intelligence (formerly SNL Financial) consolidates statutory financial data for P&C and Life & Health filing groups at the organization, entity, and state level, rolling current and historical filings up into a single corporate tree. Its 2025 US Insurance Investments Market Report tracked the shift toward private markets across the industry.
Best for: Financial statement analysis and corporate structure mapping across insurance holding companies. Strongest on statutory financial data; less built for the relationship and contact layer investment sales teams need.
Preqin
Preqin's institutional investor module includes insurance companies among the allocator types it tracks for alternative investments, with historical commitment activity, investment preferences, and contact details captured alongside its broader private markets fundraising data.
Best for: Teams already using Preqin for private markets fundraising who want insurance company allocators included in the same investor universe, rather than teams whose primary channel is insurance general accounts.
What This Means for Investment Sales Teams
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Prioritize general accounts already using external managers. NAIC's outsourcing data shows this population is growing and increasingly comfortable concentrating assets with a single manager. That's a warmer conversation than a general account that manages everything in-house.
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Track Schedule BA growth by company, not just industry-wide. The $639 billion figure is an aggregate. A general account with an outsized year-over-year jump in alternative allocations is telling you something specific about its own strategy shift.
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Map holding company structure before you prospect. Insurance groups often have multiple subsidiaries with separate general accounts and separate investment mandates. Treating a holding company as a single account can mean missing two or three actual buying centers underneath it.
Start Sourcing Insurance Companies
Dakota Marketplace tracks 3,137 insurance general accounts in the US, with key contacts, AUM, portfolio holdings, and group structure in one view. Filter by asset class exposure, AUM range, state, or holding company to build a target list without switching between ratings reports and regulatory filings.
Book a demo to see the full insurance company dataset in Dakota Marketplace.
