Dealroom – State of Global Insurtech, 2024

Dealroom's "State of Global Insurtech 2024" report provides a comprehensive analysis of the current trends and developments in the insurtech sector, highlighting a stabilization in venture capital funding and a focus on operational efficiency. The report notes that global insurtech funding is projected to reach $4.2 billion by the end of 2024, indicating a 7% decrease compared to 2023. It emphasizes the emergence of "Insurtech 2.0," characterized by startups concentrating on niches such as B2B SaaS, risk management, climate, and cyber, which are gaining greater traction. The study also observes that European insurtech venture capital has already surpassed the total funding of 2023, reflecting a regional growth trend. Additionally, the report discusses the challenges and opportunities within the sector, including the impact of regulatory changes and the integration of advanced technologies like artificial intelligence and big data analytics.