As others have said, this is an age old idea that has been tried dozens of times and sometimes with very big financial backing (there was another attempt on HN just a few months ago). My personal view is that this idea…
"Corgi builds insurance structures that allow us to best serve the needs of our customers. For technology companies, operating a technology liability line through a Risk Retention Group is not unusual, improper, or…
> Is a startup gets insurance for something they couldn't get insurance for elsewhere and then Corgi goes belly up, the startup is our their premiums but otherwise in the same place. That’s not accurate if the startup…
Yes, I am the author. Yes, insurance is mostly a box ticking exercise for most startups. My concern with Corgi is that even after accounting for how unimportant insurance is to startups, they are so blasé about their…
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Corgi is even worse than just circular revenue, their entire insurance business is a house of cards: https://reticulating.substack.com/p/ycombinators-corgi-insur...
As others have said, this is an age old idea that has been tried dozens of times and sometimes with very big financial backing (there was another attempt on HN just a few months ago). My personal view is that this idea…
"Corgi builds insurance structures that allow us to best serve the needs of our customers. For technology companies, operating a technology liability line through a Risk Retention Group is not unusual, improper, or…
> Is a startup gets insurance for something they couldn't get insurance for elsewhere and then Corgi goes belly up, the startup is our their premiums but otherwise in the same place. That’s not accurate if the startup…
Yes, I am the author. Yes, insurance is mostly a box ticking exercise for most startups. My concern with Corgi is that even after accounting for how unimportant insurance is to startups, they are so blasé about their…
[dead]
Corgi is even worse than just circular revenue, their entire insurance business is a house of cards: https://reticulating.substack.com/p/ycombinators-corgi-insur...