In H1 2024, the global InsurTech market experienced a dramatic drop in both deal activity and funding. The sector recorded 157 funding rounds, a sharp 50% drop from the 311 deals completed in H1 2023.  Similarly, InsurTech companies raised $2.1bn in H1 2024, reflecting a substantial 51% decrease from the $4.4bn raised during the same period in the previous year.