Poland-based insurtech Ominimo has announced its first external funding round, securing €10 million from Zurich Insurance Group, which values the company at $220 million. Launched just a year ago, Ominimo specializes in car insurance and has already signed 300,000 policies in Hungary. The company aims to expand into new markets, including Poland and Sweden, while innovating its risk assessment through AI-driven analytics. CEO Dusan Komar emphasizes attracting top talent by allowing engineers to redefine insurance processes. This investment reflects Zurich's strategy to diversify its retail offerings in Europe.