Overview

Corgi Insurance is building an AI-native, full-stack insurer that uses large language models to turn 100-page policy language into math—so they can automate underwriting/operations and sell embedded coverage in high-margin niches. Founder Nico Lqua explained why they went vertical (not tooling incumbents), how heavy regulatory work became a moat, and why past insurtechs stalled by reselling others’ policies or chasing thin-margin lines. The company’s famously intense, founder-like culture (7-day weeks, real ownership) is a recruiting magnet, while they keep product details quiet to focus on execution.