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Launch HN: Tint (YC W21) – Embed insurance into any product
41–50 of 50 posts
Re: Launch HN: Tint (YC W21) – Embed insurance into any product
#42My 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.
Thanks! Would be awesome to hear more about your experience back then. Feel free to reach out to us through the website if you don't mind.
I ran a camera thing too and voluntary parting was the big problem. Standard CoI covered theft from the renter and damage, but not the renter being the thief. Does your solution cover that?
Re: Launch HN: Tint (YC W21) – Embed insurance into any product
#43I think this is a game changer. Well done!
Re: Launch HN: Tint (YC W21) – Embed insurance into any product
#44Your company logo is cool!
Thanks! We tried to represent different Tints on it :)
Re: Launch HN: Tint (YC W21) – Embed insurance into any product
#45Earlier quoted context omitted.
Thanks! Would be awesome to hear more about your experience back then. Feel free to reach out to us through the website if you don't mind.
I ran a camera thing too and voluntary parting was the big problem. Standard CoI covered theft from the renter and damage, but not the renter being the thief. Does your solution cover that?
Some of our customers are vehicle sharing companies that run into similar kind of risks. We're bringing the best practices of the industry to manage this though our platform: for each rental, we empower you to make real time decisions based on your internal + external information so you can keep your risk under control. Feel free to ping us on https://www.tint.ai for more info.
Re: Launch HN: Tint (YC W21) – Embed insurance into any product
#46I think this is a game changer. Well done!
Thanks!
Re: Launch HN: Tint (YC W21) – Embed insurance into any product
#47Earlier quoted context omitted.
phonon you are absolutely right. It's not possible to use A/B tests for admitted insurance use cases in the US, and we don't let our clients do so. This tool was designed with non-admitted use cases or non-insurance products, such as waivers, in mind. Also, the names on the screenshot are illustrative as the client could vary other factors that are not price in the A/B test, like user verification workflows, deductib…
Thank you for relaying that so clearly. So here's the problem. On Product Hunt[0], 2/8 screenshots clearly show that type of illegal use case ("+10% pricing"), and your own (US based) customer thanks you for "AB test pricing"[1]. You also can't get a product type that is more the personification of highly regulated filed personal lines as "auto insurance". Literally in a comment from a few hours ago, you tout your ab…
Thanks for the follow-up message, phonon. You are absolutely right and we take these concerns very seriously. Insurance is one of most regulated industries for good reasons.
The A/B test can be used for non-insurance products, such as waivers, trip fees, etc. Definitely agree that this is a small niche and won't change anything in the insurance world, but can be valuable for a subset of the companies.
Our goal when designing the product is to make it modular so it empowers our clients with what they need. We have customers that don't use everything we offer, and that's totally cool!
Re: Launch HN: Tint (YC W21) – Embed insurance into any product
#48Earlier quoted context omitted.
Thank you for relaying that so clearly. So here's the problem. On Product Hunt[0], 2/8 screenshots clearly show that type of illegal use case ("+10% pricing"), and your own (US based) customer thanks you for "AB test pricing"[1]. You also can't get a product type that is more the personification of highly regulated filed personal lines as "auto insurance". Literally in a comment from a few hours ago, you tout your ab…
Thanks for the follow-up message, phonon. You are absolutely right and we take these concerns very seriously. Insurance is one of most regulated industries for good reasons. The A/B test can be used for non-insurance products, such as waivers, trip fees, etc. Definitely agree that this is a small niche and won't change anything in the insurance world, but can be valuable for a subset of the companies. Our goal when d…
OK.
Another issue is "AI based underwriting" which is not allowed in California and other states unless the Department of Insurance of that state has a chance to review your algorithms. (And even then, I wouldn't bet on it.)
California in particular requires full upfront public disclosure of all underwriting rules.[0] (What you can do, is gather data for risk optimization, and use that to inform your underwriting rules when they get periodically updated and filed, but insurance companies more or less do that now.)
[0] https://www.faegredrinker.com/en/insights/publications/2018/...
Re: Launch HN: Tint (YC W21) – Embed insurance into any product
#49Earlier quoted context omitted.
Thanks! Would be awesome to hear more about your experience back then. Feel free to reach out to us through the website if you don't mind.
I ran a camera thing too and voluntary parting was the big problem. Standard CoI covered theft from the renter and damage, but not the renter being the thief. Does your solution cover that?
Hey Adam - small world. We talked many moons ago. I think you ended up helping the folks at Kitsplit!
Re: Launch HN: Tint (YC W21) – Embed insurance into any product
#50Earlier quoted context omitted.
I ran a camera thing too and voluntary parting was the big problem. Standard CoI covered theft from the renter and damage, but not the renter being the thief. Does your solution cover that?
Hey Adam - small world. We talked many moons ago. I think you ended up helping the folks at Kitsplit!
small world :D