They sure do exist, though they're pretty rare but you can find them, on amazon, aliexpress and more, but most of them are male (one pin) to female (2 pin) wires, They're called Dupont Y Cables
The state of the "DIY spirit" is limited to ad hoc purchases of 3 and 4pin widgets from amababa. It's very limiting but I see, sadly, little ingenuity.
I normally have a +ve bus and a -ve bus, so 2 I2C would need 4 wires, BUT if I had more than 2 I2C sensors I would make an SDA and SCL bus so every sensor is then directly wired.
Sorry, I meant 4 wires (vdd, gnd, sda, scl) on Arduino side, then other 4 wires for each sensor. I cannot use the RC servo connector since unlikely the four signals are aligned in a row. Usually, you need to pick up here and there the signals on the headers.