Korint Insurtech
Korint Insurtech is a company.
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Leadership Team
Key people at Korint Insurtech.
Korint Insurtech is a company.
Key people at Korint Insurtech.
Key people at Korint Insurtech.
Korint Insurtech is a French insurtech startup founded in 2022 that provides a next-generation SaaS platform for insurers, MGAs, and brokers to launch, digitize, and scale property and casualty (P&C) insurance products effortlessly.[1][2][3][5] The platform manages complex policies in real-time—such as commercial motor, mobility fleets, specialty lines, and embedded insurance—using a data-driven logic engine, cloud infrastructure, and APIs, delivering up to 80% productivity gains, 10x faster product deployment, and 20% loss ratio improvements.[2][3] Serving B2B clients like brokers and insurers (including Wakam and Willis Towers Watson), it solves legacy system inefficiencies by simplifying underwriting, policy lifecycle management, portfolio migration, and operations without overhauling existing IT.[3][4] With 22 employees, €8M in total funding (including a recent €5M round), and estimated $4.2M annual revenue, Korint shows strong growth, including 38% employee expansion last year.[2][4][5]
Korint was founded in 2022 in Nanterre (near Paris), France, by serial entrepreneurs Jean-Baptiste Limare (CEO) and Martin Gross (CTO), both with deep insurtech expertise.[1][4][5] Limare brings 11 years in insurance, including roles as an in-house entrepreneur at Admiral Group (2014-2022), founder of on-demand car insurance startup Veygo UK (2016-2020), and co-founder of Kooalys (2020-2022); he holds degrees from HEC and Sciences Po Paris.[5] Gross contributes 8 years as a CTO, having founded data mining firm CommoPrices (sold in 2018) and co-founded Kooalys; he graduated from CentraleSupélec.[5] The idea emerged from their shared experience tackling insurance digitization challenges at Kooalys, spotting a market gap for agile, scalable platforms amid rising demand for flexible products like mobility insurance—leading to rapid traction with major players within 18 months and back-to-back funding rounds totaling €8M from Ventech and 360 Capital.[4][5]
Korint rides the insurtech wave of digital transformation in P&C insurance, where legacy core systems hinder agility amid rising complexities like telematics-driven mobility, embedded insurance in apps/e-commerce, and regulatory demands for real-time compliance.[1][3][4] Timing is ideal: post-2022 inflation and supply chain shifts accelerated demand for data-driven platforms, with Europe's insurtech market booming as MGAs and brokers seek 10x deployment speed to capture fragmented opportunities in motor, specialty, and green mobility segments.[2][4] Favorable forces include SaaS adoption (cloud scalability cuts costs 50-80%), AI/telematics integration for personalized risk pricing, and VC interest—evidenced by Korint's €8M raise in under three years.[2][4][5] It influences the ecosystem by empowering non-tech insurers to innovate, reducing barriers for new entrants, and fostering a shift from manual processes to API ecosystems that integrate with fintechs, potentially consolidating fragmented European markets.[3]
Korint is poised to dominate European insurtech core systems with its founder-led momentum, recent €5M infusion for platform enhancements, and sticky value in high-growth lines like mobility and embedded insurance.[2][4] Next steps include tech team expansion, deeper integrations (e.g., telematics/claims), and international push beyond France, targeting 2-3x revenue growth via portfolio migrations.[3][4] Trends like AI risk modeling, regulatory digitization (e.g., DORA in EU), and climate/specialty insurance surges will amplify its edge, evolving Korint from nimble startup to category leader—much like BriteCore or EIS scaled globally. As insurtech matures, expect partnerships with reinsurers and Big Tech, solidifying its role in profitable, scalable P&C transformation.[1][2]
