Felix Breiteneder, COO at Afori, tells CB Insights how they view the market, customer needs, and their company.
How do you define your market and where does your company fit into that space?
Afori operates in insurance distribution — the broker channel — starting in Germany and built as a replicable playbook for Europe. It’s a massive, structurally overlooked market. Global insurance is a roughly €7T industry growing about 9% a year, and more than €300B of that is paid out annually in broker commissions. In Europe, that commission pool is around €78B; in Germany about €9B.
