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“Without modernising its tech foundations, insurance can't deploy AI”

In La Tribune de l'Assurance, Korint CEO Jean-Baptiste Limare explains why AI in insurance is won or lost on the tech foundations first.

“Without modernising its tech foundations, insurance can't deploy AI”
Géraldine Cody, Head of Marketing at KorintGéraldine CodyHead of Marketing
Published

Jean-Baptiste Limare, CEO and co-founder of Korint, was interviewed by the French trade publication La Tribune de l’Assurance. On the agenda: how Korint started, its “make and buy” approach, and his reading of AI’s arrival in insurance.

Key takeaways

  • Where it started: at Admiral, he had to rebuild a bespoke management tool four times in seven years. Korint was founded in 2022 to launch new P&C portfolios fast.
  • Make and buy: a modular suite, from underwriting to claims, that plugs in on top of or next to existing systems rather than replacing them.
  • AI is about context: the language model is the commodity part; the real challenge is embedding the agent in very specific business processes. On one document module, Korint measures 20% faster underwriting and 15% higher conversion.
  • A market that’s tipping: over 75% of Korint’s pipeline now talks about AI, up from 0% eighteen months ago.
  • A sovereignty question: tech takes a growing share of premiums. If that value leaves Europe, so does the know-how to design insurance products.

Read the full interview in La Tribune de l’Assurance (in French)

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