Figuro

Figuro is an insurtech company that develops AI-powered insurance distribution software for the Latin American market. Co-founded by Juan Camilo González T., Mathilde Viola, and Carlos Rivera T., the company focuses on empowering traditional insurance intermediaries including brokers, agencies, and individual agents with technology to compete in the digital era. Figuro's platform offers a specialized workflow productivity system that centralizes data from multiple insurance carriers, streamlines administrative and sales tasks, automates document filling, and provides data-driven insights to improve efficiency. The platform enables intermediaries to digitize their processes, increase conversions, and deliver faster and more human-centric insurance experiences to clients. The company initially operated as an insurance intermediary itself, growing from zero to over two million USD in premiums in less than two years using its proprietary technology. This technology now powers thousands of agents, brokers, and agencies across Latin America. Figuro targets both individuals and businesses seeking various types of insurance coverage, with particular focus on segments such as individuals with bank loans who may be overpaying for credit life insurance. The company addresses pain points in the traditional insurance landscape including navigating multiple websites, limited digital options, inexperienced agents, and lack of customer support. The founders have backing from Y Combinator and other investors. Co-founder Juan Camilo González has also been instrumental in establishing insurtech associations across the region, including co-founding the Colombian Insurtech Association (AIC) and the Alliance for Insurtech Progress (AIP), a multinational organization uniting insurtech stakeholders across Latin America. The company operates in Mexico, Chile, and Colombia among other Latin American markets.