We drive efficiencies
in insurance operations:
Claim Automation
Frictionless Payments
Efficient Risk Management
Click to watch
our cargo product video
our cargo product video
When insurance operates more
efficiently, everyone wins.
efficiently, everyone wins.
We bring value across the entire insurance chain: increased efficiency, better user experience and topline performance metrics.
Insurance Carriers
Improve performance combined loss ratio by:
>
2.5
%
Claim TPAs
Decrease LAE operating expenses by:
>
50
%
Policyholders
Speed up claim resolution by a factor of:
100
x
Welcome to the OTONOMI future!
A new infrastructure to close the protection gap by dropping costs.
Case study:
Air transportation disruption
Minute 0-15
1.
Independent delay detection
Minute 15-30
2.
Autonomous policy activation
Minute 30-45
3.
Direct automatic payment
Day 1-3
1.
Claim submission
Day 4-15
2.
Policy check
...
4.
Data entry
...
6.
Damage details
...
8.
Clause comparison
...
10.
Duration estimate
Day 15-45
11.
Review approval
...
13.
Payment
Our parametric products bring efficiencies & promote growth across multiple industries.
We bring value across the entire insurance chain: increased efficiency, better user experience and topline performance metrics.
Air
Our parametric coverage solution is LIVE!
Compensation payments are settled in 45 minutes instead of 45 days!
Request Demo
More coming soon...
Marine
Ground
Weather
Technology
Insurers need
speed,
transparency,
& cost-effectiveness.
Claim Automation
Cost-efficient. Transparent. Fast.
Unify policies & claims under a single digital asset, & make resolution a fast, automated operation.
Automatic Detection
We replace the first notice of loss (FNOL) with parametric events, and make activation an independent and swift process.
Fraud Reduction
Our blockchain infrastructure powers transparent audit-tracking, reduces fraud and facilitates multi-agent management.
Fast & Frictionless Payments
Our escrow-account mechanics enable instant premium collection and effective loss reserve collateral management.
Learn More
1. Automatic event detection via blockchain oracle.
2. Automatic policy execution via blockchain smart contract.
3. Automatic proceed payout
via digital wallet integration
via digital wallet integration
Open APIs
Power Open Insurance
async searchTxn(custId, subscriptionId) {
____const params = getParams(searchTxn, custId, subscriptionId);
____return fetch(basePath + params.url, params.options).then((response) => {
________if (response.status >= X && response.status < Y) {
____________return response.json();
________} else {
____________throw response;
________}
____});
}
____const params = getParams(searchTxn, custId, subscriptionId);
____return fetch(basePath + params.url, params.options).then((response) => {
________if (response.status >= X && response.status < Y) {
____________return response.json();
________} else {
____________throw response;
________}
____});
}
We make it simple to onboard our "insurance-as-a-service" solutions.
Flexibility
API docs for customizable usage. Designed for developers.
Connectivity
Compatible with multiple digital wallets and analytics platforms.
Disintermediation
We enable policy distribution directly at PoS (Point-of-Sale) with simple-to-use APIs.
Read our API docs
Risk Management
Quantitative solutions inform better decisions.
Advanced data collection, modeling & analytics
Risk Solutions
Our scenario modeling facilitates risk transfer and allows you to more effectively manage what’s ahead.
Data Discovery
Our engineers source novel data, and apply state-of-the-art logic so you can stay on top of what's business-critical.
Predictive Pricing
Our machine learning algorithms deliver predictions and inform smarter decision-making.
Dynamic Risk Hedging
Products
Claim Manager
Sales Manager
All the information you need.
All in one place.
Automatically.
All in one place.
Automatically.
Our claim manager makes tracking your workflow effortless, and provides all necessary financial KPIs so your business stays under your control.
Request Demo
Coming Soon!
Partners
Insurance & Travel Partners
Business Network
Tech Partners
Media & Blog
7/18/21
Fintech Fundraising Is On Fire And Insurtech Is Accelerating
InsurTech has become a powerful force of change in the insurance industry
Read More
6/28/21
OTONOMI Team Interview Series: Meet Jeremy Sutton (CTO)
My name is Jeremy Sutton, I’m CTO and co-founder of OTONOMI.
Read More
6/21/21
Profiles in Risk Podcast - Interview with Yann Barbarroux
In Episode 239 of Profiles in Risk Podcast I chat with Yann Barbarroux, CEO of Otonomi
Read More
6/18/21
OTONOMI Wins All-Around Favorite Award at Innovation Challenge
The Innovation Challenge is a contest designed to draw out ground-breaking ideas...
Read More
6/8/21
Air Cargo Is Rising
The pandemic effect: demand for e-commerce has dramatically increased and global trade has
Read More
5/24/21
OTONOMI Integrates Chainlink to Automate Air Transport Insurance
OTONOMI is pleased to announce that we have integrated Chainlink, a market-leading oracle.
Read More
5/19/21
OTONOMI Team Interview Series: Meet Yann Barbarroux (CEO)
Hey there, I am Yann Barbarroux. CEO and co-founder of OTONOMI
Read More
5/12/21
NFTs, Digital Twins, and Insurance: Mirroring a New World
NFTs are changing how creators sell or trade their works online. What about NFT insurance?
Read More
4/28/21
Entrepreneurs Roundtable Accelerator Launches 12 New Startups
The Entrepreneurs Roundtable Accelerator, an incubator based in New York, is introducing
Read More
4/19/21
How Insurtech can help SMBs with Business Interruption Programs
Business interruption insurance is a coverage that replaces business income lost in a
Read More
4/1/21
How Customers Have to Deal with Airlines and Insurance Companies
Most of the insurance companies are offering travel insurance now. But many clients have
Read More
3/15/21
10 TravelTech Startups to follow in 2021
According to the latest report of CB Insight on Travel tech funding, the startups disrupti
Read More
2/28/21
Blog | Medium.com
BNPL: Disruptive trends, main players, and embedded coverage
Interesting facts about BNPL: they are not regulated like credit instruments hence thei...
Read More
2/22/21
Blog | Medium.com
5 ways travel and hospitality are already transforming in a post-
With the development of the vaccine around the world, travel could once again be possib...
Read More
1/11/21
ERANYC.com
NYC’S Entrepreneurs Roundtable Accelerator Announces Participants
Entrepreneurs Roundtable Accelerator (ERA) today announced that it has selected its Win...
Read More
10/29/20
HollywoodBranded.com
EP223: How to Market a New Travel Business with Yann Barbarroux
In this episode, Stacy sits down with Yann Barbarroux, who is the CEO as well as Co-Fou...
Read More
9/10/20
Italian Insurtech Association
Parametric insurance: current scenario, and post-Covid outlook
Born as a solution for property catastrophe reinsurance, the application areas of param...
Read More
8/28/20
SmartContractSummit.io
OTONOMI (Formerly Flyion) CEO speaks at Smart Contract Summit #0
Speaker: Yann Barbarroux | DeFi, Blockchain and the future of decentralized InsurTech
Read More
10/10/18
Medium.com
Emerging markets: Argentina currency crises and the case for cryp
Emerging markets: Argentina currency crises and the case for cryptocurrencies.
Read More
Team OTONOMI
We’ve tapped into 6 critical industries to assemble a core team of resolute go-getters. Together, we represent over 120 years of experience in finance, insurance, blockchain, web/UX design, marketing, and security. Our comprehensive combination of skills allows us to optimize policy execution, customize pricing and diversify risk to preserve client and partner capital.
Founders
Yann Barbarroux
CEO | Head of Analytics
Sebastien Henot
COO | Head of Digital Assets
Jeremy Sutton
CTO | Head of Engineering
Advisory Board
