Within the US, just 32% of insurance tech deals went to health insurance startups as deal activity did an about-face and shifted to non-health insurance tech areas. In Q1’11, fewer than 10 insurance tech startups raised a financing round. Fast forward to Q1’16 and insurance tech notched its strongest quarter ever on the deal front with more than 45 deals totaling $650M in funding, according to CB Insights data.