Momento
Building a full-stack auto insurer for the underserved in LatAm
Founders
Not read from YC yet; the weekly run fills these in.
Same space
Adjacent
Overlapping tags, a different niche.
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About Momento
In Momento we are going through a challenging regulatory process to become a fully-licensed insurance carrier. By doing so, we will be able to underwrite risk, set prices and, ultimately, become owners of the product. Once approved, around summer 22, we will be in a great position to size the $13bn untapped opportunity of +30 Mn uninsured vehicles – just in Mexico! As we will be able to attack the main pain points in the market: i) antiquated underwriting models and ii) payment conditions only adapted for the affluent. To succeed, we have assembled an elite team with both innovative and experienced profiles. We are three cofounders, two ex-McKinsey and one ex-P&G, and we managed to attract two heavyweights of the Mexican insurance industry: the previous CUO of Zurich Mexico and the previous CFO and VP of Finance of ING and AXA Mexico.
Mexico City, CDMX, Mexico
Momento: questions
Which YC batch was Momento in?
Momento was in Y Combinator's Winter 2022 batch (W22).
Is Momento still active?
Y Combinator lists Momento as active.
Where is Momento based?
Momento lists Mexico City, CDMX, Mexico as its location on YC's directory.
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