Overview
Ominimo is an automotive insurance MGA offering mandatory third-party liability (KGFB) and comprehensive vehicle (CASCO) coverage to personal and commercial vehicle owners in Hungary, with expansion underway across Europe. The company was founded in 2024 by Dusan Komar (CEO), Dennis Weinbender (Chief Pricing and Data Officer), and Laslo Horvath (CTO) -- a team that previously worked together on digital transformation projects for European insurers before launching their own platform.
The company underwrites on behalf of SIGNAL IDUNA Biztosito in Hungary under an exclusive MGA arrangement. Zurich Insurance Group, through its DA Direkt subsidiary, provides capacity and distribution access for Ominimo's broader European rollout, which targets Poland, Sweden, and the Netherlands as the next markets after Hungary.
Ominimo built a proprietary no-code/low-code core insurance platform and a machine learning pricing engine that incorporates 100+ variables for risk assessment -- compared to the industry norm of 5-6. The technical team includes international mathematics and physics Olympiad medallists. Since launching in Hungary, Ominimo has sold over 300,000 policies and captured approximately 7% of the local motor insurance market. In April 2025, Zurich Insurance Group acquired a 5% equity stake for EUR 10M, implying a EUR 200M valuation.
Products & Services
KGFB -- Mandatory Third-Party Liability
Hungary's compulsory motor vehicle liability insurance, covering personal vehicles, commercial trucks under 3.5 tonnes, motorcycles, mopeds, and trailers. Digital quote-to-bind in under one minute with ML-driven pricing that the company reports delivers up to 30% savings versus market average.
Key Features
- Third-party bodily injury and property damage
- Automated data validation against Hungarian vehicle and ownership databases (KGFB register, KKNYR, KKSzB)
- Fully digital policy management via web and mobile app
Target Users: Vehicle owners in Hungary required to carry mandatory liability coverage
Distribution: Direct-to-consumer digital channel
CASCO -- Comprehensive Vehicle Coverage
Comprehensive coverage for accidents, theft, and natural hazards. Available as a standalone product or bundled with KGFB.
Key Features
- Accident damage, theft, and natural hazard coverage
- Bundled or standalone option with KGFB
- Digital management via web platform and mobile app
Target Users: Vehicle owners seeking comprehensive protection beyond mandatory liability
Distribution: Direct-to-consumer digital channel
At a Glance
- Founded
- 2024
- Headquarters
- Budapest, Hungary
- Employees
- 11-50
Category & Focus
Last updated: 2026-06-04