Korint offers a digital insurance marketplace platform that streamlines the management of insurance contracts, including quotes, policies, and client notifications. By optimizing the entire insurance value chain, Korint enables insurers and brokers to launch new digital products 10 times faster and achieve an 80% increase in productivity for administrative tasks.
Funding
$5.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Insurance providers and brokers face challenges in efficiently managing insurance contracts, including generating quotes, handling policy administration, and delivering timely client notifications. Traditional systems often lead to slow product launches and hinder productivity due to manual administrative tasks.
Solution
Korint offers a SaaS platform designed to streamline the entire insurance contract lifecycle, enabling insurers and brokers to deploy 100% digital P&C insurance products more rapidly. The platform provides tools for generating quotes, managing policies, automating client notifications, and creating broker/client portals. By optimizing administrative tasks and providing better data insights, Korint helps insurance businesses improve their combined ratio and launch new products faster.
Target Audience
Korint targets insurance carriers, brokers, and CRM providers seeking to digitize their P&C insurance offerings and improve operational efficiency.
Features
- Quote generation, contract management, and policy amendment tools
- Subscription engine for automated policy issuance
- Client notification system for timely updates and communication
- Broker and client web portal for self-service access
- Reporting dashboard for data analysis and insights
- Billing and payment processing capabilities
- Cloud-based hosting for scalability and reliability
- Editique features for document generation