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Launch HN: Tint (YC W21) – Embed insurance into any product

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Re: Launch HN: Tint (YC W21) – Embed insurance into any product

#21
post #20

I worked at another startup called Tint - doing social media walls (www.tintup.com). Mildly curious -- how did you pick the name? Cool concept & best of luck

Oh hey, Tint (up) was the first thing that came to my mind as well!

Now I’m curious too.

Re: Launch HN: Tint (YC W21) – Embed insurance into any product

#22
post #19
post #17

How does this differ from https://www.qover.com/ ? Are you acting as a pure software vendor, or as a licensed entity?

We are a combination of software + marketplace (i.e. licensed insurance broker that provides full transparency to the clients). Qover is cool, the overall concept is similar to ours. It looks like they don't allow the companies to customize the insurance products, our platform can provide more tailor-made products

They do custom as well. I don't know what "marketplace" and "full transparency to the clients" means in this context...sorry :-(

Re: Launch HN: Tint (YC W21) – Embed insurance into any product

#24
post #21
post #20

I worked at another startup called Tint - doing social media walls (www.tintup.com). Mildly curious -- how did you pick the name? Cool concept & best of luck

Oh hey, Tint (up) was the first thing that came to my mind as well! Now I’m curious too.

I wish I had a super interesting story, but here is the truth: we're building a product that covers many types of insurance, so we came up with "different tints of insurance". Like in the definition "any of various lighter or darker shades of a color".

Re: Launch HN: Tint (YC W21) – Embed insurance into any product

#25
post #23

This looks really useful! Is it available in Canada?

The software part is available anywhere, and we have clients in the US, Canada, Europe and Australia.

We are only licensed as insurance brokers in the US, so we would have to work with partners in Canada and other countries to secure the insurance policy.

Re: Launch HN: Tint (YC W21) – Embed insurance into any product

#26
post #14

I've always thought Kickstarter should offer insurance that the creator will deliver the products they're selling. It would be hard to assess risk between all the different kinds of creators/levels of experience delivering/types of products sold, but I think it would be an interesting product for them.

That could definitely be explored. The key here, and to other new insurance products is: what unique data is Kickstarter generating about its campaigns that didn't exist before? I bet they have a lot of data on campaign types, product type, how much is being raised, etc, that could be used to assess the risk and eventually price insurance.

The explosion in the volume of data that companies generate will definitely help accelerate innovation in insurance.

Re: Launch HN: Tint (YC W21) – Embed insurance into any product

#27
post #15
post #13

Earlier quoted context omitted.

Can you elaborate a bit? Your website seems to make it more confusing for me. There are a lot of buzzwords like AI, No Code and Embedded Insurance but I’m having a hard time understanding from the site and your description above what the platform does.

Thanks for the feedback, we should definitely improve the website - and the product communication overall. Say you want to embed insurance into your product - i.e., let your users purchase it or automatically get from your sale/membership, etc. You have to do 3 things: * Design: figure out what you want to protect, the options you offer, when in your user journey, if you charge for it, etc. And find an insurer to tak…

Thanks and congrats on your launch. Another set of questions I had when looking at the website and your response

1. Are you targeting commercial insurance or personal lines?

2. Looking at US or international markets?

3. How are you reaching insurance carriers? e.g. referrals, direct connections for standard products, borrowing comparative rater APIs, agency or MGA or other capacity arrangements?

4. How are you dealing with producer licensing requirements? e.g. acting as the agency, getting your embedder partners licensed, some other referral scheme?

Re: Launch HN: Tint (YC W21) – Embed insurance into any product

#29
post #27
post #15

Earlier quoted context omitted.

Thanks for the feedback, we should definitely improve the website - and the product communication overall. Say you want to embed insurance into your product - i.e., let your users purchase it or automatically get from your sale/membership, etc. You have to do 3 things: * Design: figure out what you want to protect, the options you offer, when in your user journey, if you charge for it, etc. And find an insurer to tak…

Thanks and congrats on your launch. Another set of questions I had when looking at the website and your response 1. Are you targeting commercial insurance or personal lines? 2. Looking at US or international markets? 3. How are you reaching insurance carriers? e.g. referrals, direct connections for standard products, borrowing comparative rater APIs, agency or MGA or other capacity arrangements? 4. How are you dealin…

rubyfan thanks for the super insightful questions. here we go:

1. Today we work mostly with commercial lines and get master policies that cover our clients and their customers. From our experience the boundaries between commercial and personal are becoming increasingly blurry.

2. Most of our carrier partners are in the US today, so we have better coverage here.

3. We configure their rating logic on our platform or plug to their APIs if they prefer

4. We're licensed brokers and can play this role or can assist our clients get licensed when required. It depends on the program structure and how the insurance

I'd be happy to jump on a call and explain more if you'd like, please let me know.

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