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

news.ycombinator.com

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

#12

Post by mriolfi »

nikunjverma wrote: post #11

Mind boggling idea. Thinking of how it could apply to the marketplaces that offer non physical goods.

Hi nikunjverma, it can definitely be done. For instance, a marketplace that connects software developers/designers with companies could offer professional liability as part of the offering.

Can you think of other ideas?

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

#13

Post by rubyfan »

mriolfi wrote: post #7
razin wrote: post #6

Congrats on the launch, Matheus and Jérôme! How are you differentiating Tint from other embedded insurance APIs like Sure and Boost?

Thanks! Our platform gives full control to the users, from setting up their product, to deciding which insurers to use, to running A/B tests with different pricing logics to optimize profitability. Think of us as the infrastructure/OS that helps the risk teams do their job better. Boost/Sure are good services, but they don't provide the same level of transparency and control. They work more like agencies/outsourcing…

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.

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

#14

Post by jld »

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.

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

#15

Post by mriolfi »

rubyfan wrote: post #13
mriolfi wrote: post #7

Earlier quoted context omitted.

Thanks! Our platform gives full control to the users, from setting up their product, to deciding which insurers to use, to running A/B tests with different pricing logics to optimize profitability. Think of us as the infrastructure/OS that helps the risk teams do their job better. Boost/Sure are good services, but they don't provide the same level of transparency and control. They work more like agencies/outsourcing…

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 take the risk.

* Launch: you have to write code to plug the logic on your website, how to keep track, know who paid what, implement the logic that the insurer requires (e.g., don't insurer users younger than 25yo), etc

* Optimize: after launched, you need to figure out if it's working (conversion, profitability, etc), what do you need to improve, and actually make the changes. It's a ongoing optimization problem.

Our platform provides the tools to help your team do all of that, in different modules. We abstract all the complexity from your core product and give a GUI so your business users can launch and make changes (e.g., increase the price to certain categories of policies, remove age restrictions, etc) without asking you to change hard-coded rules in your product.

I hope this helps, we'd be happy to chat more with you or any others that have questions or suggestions!

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

#16

Post by totaldude87 »

mriolfi wrote: post #12
nikunjverma wrote: post #11

Mind boggling idea. Thinking of how it could apply to the marketplaces that offer non physical goods.

Hi nikunjverma, it can definitely be done. For instance, a marketplace that connects software developers/designers with companies could offer professional liability as part of the offering. Can you think of other ideas?

Notch it up a step further and provide insurance for security mess ups like someone accidentally posting ftp credentials to github. Enterprises would love to have their risks hedged

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

#18

Post by dopeboy »

My first startup was in the equipment sharing space (specifically camera equipment). Back then (in 2013), getting insurance was either going through brokers and spending $ to get them to craft a policy for you. I would have loved something like this that's instant for the end user & plug & play on the business side.

Fantastic idea, good luck.

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

#19

Post by mriolfi »

phonon wrote: 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

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