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YCW22· AI

Momento

Building a full-stack auto insurer for the underserved in LatAm

ActiveChecked 16h ago
Batch
W22
Status, per YC
Active
Team size
18
HQ
Mexico City, CDMX
In W22398 companies, 44% AI
tumomento.comYC profile

Founders

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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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