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Corify

Cloud marketplace for industrial insurance, connecting companies, brokers, and carriers through standardized risk placement workflows

Distribution & Sales Growth Subsidiary (Hypoport SE, MDax)
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Overview

Corify is a cloud-based marketplace for industrial P&C insurance, connecting industrial companies, brokers, and carriers through structured risk placement and quotation workflows. The platform targets the German industrial insurance market, where placement processes have traditionally relied on unstructured PDF and Excel documents.

The company developed the Corify Risk Object Model (CROM), a standardized data format created with 21 industry participants to enable machine-readable risk data exchange. Core platform modules cover risk description with automated data enrichment, digital tender management for competitive quotation, anonymous risk matchmaking against carrier capacity, and AI-assisted policy lifecycle management. The platform is compatible with the RD-X interface standard of the Open Risk Data Association (ORDA).

Founded in 2022 as a subsidiary of Hypoport SE (MDax-listed), Corify entered full production in August 2025 with a fleet insurance segment. Customers include established German brokers Pantaenius, Howden Deutschland, and Dr. Ellwanger & Kramm. In early 2026, Hypoport consolidated nine insurance subsidiaries under a new Hypoport InsurTech AG holding, positioning Corify as the industrial insurance segment.

Products & Services

Risk Description Module

Structured documentation of industrial risks using the Corify Risk Object Model (CROM), a standardized data format developed with 21 industry participants. Replaces PDF and Excel-based risk questionnaires with machine-readable, structured data, with automated enrichment capabilities.

Key Features

  • Proprietary CROM standard for structured risk data capture
  • Automated data enrichment to supplement risk submissions
  • Replaces unstructured PDF/Excel risk questionnaires
  • Compatible with RD-X interface standard (ORDA)

Target Users: Industrial companies, commercial insurance brokers

Tender Management

Digital workflow for structured risk placement and carrier quotation. Brokers submit standardized risk data and coverage requirements, include claims histories, and compare offers from multiple insurers in a single interface.

Key Features

  • Digital request-for-proposal creation and submission
  • Simultaneous multi-insurer quote comparison
  • Claims history inclusion in tender submissions
  • Structured coverage requirement specification

Target Users: Industrial brokers, commercial insurance underwriters

Risk Matchmaking

Anonymous screening tool matching submitted industrial risks with available underwriting capacity across the carrier network.

Key Features

  • Anonymous risk-to-capacity matching
  • Standardized risk data for efficient screening
  • Connects risks to appropriate carrier capacity
  • Reduces manual outreach and paper-based RFP processes

Target Users: Brokers, carriers

Intelligent Insurance Management

AI-assisted policy administration and compliance support for ongoing policy lifecycle management after placement.

Key Features

  • Automated compliance verification
  • Policy lifecycle management
  • Claims handling support
  • AI-based policy administration

Target Users: Industrial companies, brokers

At a Glance

Founded
2022
Headquarters
Berlin, Germany
Funding
Subsidiary (Hypoport SE, MDax)

Category & Focus

Category
Distribution & Sales
Subcategories
Insurance Marketplace Risk Placement Tender Management
Insurance Verticals
P&C Commercial Specialty/E&S
Target Customers
Carriers, Brokers

Customers

  • Pantaenius (marine and specialty broker, established 1899)
  • AFC (Auto Fleet Control) -- fleet insurance services provider
  • Dr. Ellwanger & Kramm Versicherungsmakler GmbH & Co. KG
  • Howden Deutschland AG

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Last updated: 2026-07-04