Tint Announces Record Growth in 2024, Expanding Core Markets and Launching New Embedded Insurance Products

Business Wire

Company achieves 7x growth while deepening its commitment to mobility, home-sharing, and transportation & logistics markets

SAN FRANCISCO--(BUSINESS WIRE)--
Tint, a leading embedded insurance platform, today announced 7x growth in 2024, marked by significant expansion across its core markets and the launch of innovative embedded insurance solutions. The company doubled its annualized premium and protection fees over the past 12 months, generating tens of millions in premium across product lines.

"A remarkable 2024 reflects more than just numbers – it represents the dedication of our expanding team and the trust our partners place in us," said Matheus Riolfi, CEO and Co-Founder at Tint. "Seeing our vision of embedded insurance come to life through innovative solutions that truly serve our partners' needs has been incredibly energizing. As we look ahead, I'm deeply proud of what our team has accomplished and genuinely excited about the opportunities we see to make insurance more accessible and intuitive for everyone."

Product Innovation Drives Market Expansion

In 2024, Tint launched several groundbreaking products across its core verticals, demonstrating its commitment to delivering dynamic, flexible insurance solutions that adapt to modern business needs:

Introduced SmartSTR Insurance™, a comprehensive solution for the home-sharing market that provides multi-level coverage for guest-caused property damage, bed bug infestation, and liability. The program enables property managers to manage insurance directly within their software, eliminating the need to switch systems or manage multiple logins for claims processing.
Launched Dynamic Flex Cargo Insurance in partnership with EPIC Insurance Brokers & Consultants, revolutionizing how motor carriers manage their insurance needs. This first-of-its-kind solution enables carriers to purchase usage-based, pay-per-load annual insurance directly through their Transportation Management System (TMS), with the ability to flex coverage limits on demand. The program eliminates upfront payments and streamlines the entire insurance process.
Expanded mobility offerings through a collaboration with Turo, the world's largest peer-to-peer car-sharing marketplace, to launch an innovative off-trip insurance program, providing specialized commercial coverage for hosts' vehicles when they're actively listed on the platform but not in use for Turo trips.

Accelerating Innovation in 2025

As Tint enters 2025, the company will focus on further developing its embedded insurance platform while expanding its product portfolio across mobility, home-sharing, and transportation and logistics markets, in addition to entering net-new markets.

"Our vision of transforming insurance from a separate purchase into an intuitive feature of the brands people use daily has never been more relevant," added Riolfi. "The market's response to our embedded solutions validates our mission to create better experiences for both our partners and their policyholders. By making insurance seamless and accessible through trusted brands, we're not just innovating for businesses - we're fundamentally improving how people protect what matters to them."

If you are interested in building your own embedded insurance program or partnering with the team of experts at Tint to distribute an insurance product, you can connect with the Tint team here.

You can also find Tint at the upcoming Manifest conference in Las Vegas, NV from February 10 - 12, 2025. Matheus Riolfi will be speaking on the panel, "Proactive Fraud Prevention: Enhancing Partner Verification and Supply Chain Visibility" on Wednesday, February 12 at 2:00pm PT in Venetian Ballroom D.

About Tint:

Tint enables SaaS platforms and marketplaces to unlock growth and improve profitability through embedded insurance and protection. Tint offers plug-and-play and white-labeled integrations, equipping brands we partner with a sophisticated mix of technology infrastructure, services, and deep industry expertise. Embedded insurance can transform insurance from a product bought separately to a feature of brands consumers love and we are on a mission to make that happen. Happy Tint customers include Deel, uShip, Guesty, Neighbor, BabyQuip, and CitizenShipper, among others. Tint has raised $30M and is backed by world-class investors such as Y Combinator, QED, Deciens, Nyca, Plug and Play, WIN, Soma Capital, and Pioneer Fund.