"Corgi seeks to modernize insurance for tech companies and other businesses by heavily cutting customer costs. It is equipped with an army of AI tools and a staff of 90 employees, far fewer than the 'middlemen,' as Laqua calls them, who take a cut of every insurance bill."
"We're a complete replacement, a competitor to (Charles) Schwab or Berkshire Hathaway or Munich Re - any of the traditional insurers that people go to,"
Corgi Cafe operates 24/7 in San Francisco's Financial District, serving as a front for Corgi Insurance, an AI-driven company. Founded by Emily Yuan and Nico Laqua, Corgi Insurance aims to modernize the insurance industry by reducing costs and eliminating middlemen. The founders, with backgrounds in AI and computer science, have raised $108 million and received regulatory approval to operate as a licensed insurance carrier. The cafe serves as both a coffee shop and a promotional space for their innovative insurance solutions.
Read at The Mercury News
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