Insurtech Funding in 2024: Stabilization Trends, Insights & Key Drivers
Venture capital funding in insurtech startups is stabilizing, driven by breakout-stage startups in Series B and C. Projections indicate it will reach $4.2 bn
Insurtech Market Size reviews on Beinsure Media focuses on evaluating the scale and scope of the insurance technology industry. It provides detailed insights into the financial metrics and growth trends within this sector.
This category covers data on market valuation, projected growth rates, and key factors driving the expansion of insurtech solutions. It includes analyses of various market segments, regional trends, and the competitive landscape.
The reviews and reports offer a comprehensive understanding of the current market dynamics, investment opportunities, and emerging technologies shaping the future of insurance. By examining these elements, the category aims to inform stakeholders about the market’s potential and guide strategic decisions in the insurtech space.
Venture capital funding in insurtech startups is stabilizing, driven by breakout-stage startups in Series B and C. Projections indicate it will reach $4.2 bn
Insurtech funding in Latin America hit a historic low of $26 mn in the first half of 2024, a 78% drop from the same period in 2023
Global InsurTech funding fell to USD912.25 million in Q1’2024, the lowest since Q1’2020. The industry saw no quarterly USD100 million+ mega-round deals
The United Kingdom is positioned as a global leader in the field of insurtech. A flourishing ecosystem of start-ups, investors, and incumbents is working together
As tighter VC funding cycles and recessionary pressures are being felt across the broader economy, we can expect insurtechs to face even more scrutiny
2023 was a truly global year for InsurTech investing with 1,528 international investors participating in 521 deals, raising a total of almost $8 billion
Global fintech funding reached $75.2B — marking a 46% drop, but up 52%. Insurtech M&A exits rose 40% to 81
According to Global InsurTech Report, 2024 began with a lot of uncertainty, with a number of macro factors impacting venture capital & InsurTech
Insurers have frequently taken a piecemeal approach to technology modernization, transforming system by system, function by function, and app by app
Insurtech market is forecasted to reach a net worth of US$ 165.4 Bn in 2032 from a mere market value of US$ 12.5 Bn1