Ominimo Insurance

Ominimo is a Poland-based insurtech startup founded in 2024 by Dusan Komar, Dennis Weinbender, and Laslo Horvath. The founding team, including former McKinsey consultants, identified an opportunity to disrupt the traditional insurance sector by leveraging technology to address legacy system inefficiencies and slow innovation. The company was born from their experience building digital products for major European insurers, where they recognized that true transformation required building a new, tech-first platform from the ground up.

Ominimo operates as a managing general agent (MGA) and offers AI-powered automotive insurance, including mandatory liability and CASCO policies, which cover damages from accidents, theft, and natural hazards. The company's business model is centered on a proprietary platform that utilizes machine learning and analyzes hundreds of data variables—far beyond the traditional 5-6 data points—to achieve more accurate and granular risk assessments. This allows Ominimo to offer more competitive pricing, promising rates up to 30% lower than the market average in its initial market. By using a license plate number, the system can access over 100 variables about a vehicle, such as its dimensions, which have shown a strong correlation to accident frequency.

Bootstrapped from the start, Ominimo achieved profitability within its first year. The company launched in Hungary, where it sold 300,000 policies and captured a 7% market share in just 12 months. In April 2025, Ominimo secured its first external funding, a €10 million investment from Zurich Insurance Group for a 5% stake, valuing the startup at €200 million. This strategic partnership enables Zurich to underwrite Ominimo's policies and supports the startup's expansion plans. Ominimo intends to enter more than 10 new European markets, starting with Poland, Sweden, and the Netherlands, and has future plans to add property insurance to its product portfolio.

Keywords: insurtech, car insurance, AI risk assessment, managing general agent, MGA, digital insurance, machine learning, auto insurance, risk modeling, data-driven pricing, European insurtech, CASCO insurance, compulsory insurance, financial services, automotive insurance, policy underwriting, insurance technology, Zurich Insurance Group