Kalepa, a company specialising in underwriting technology solutions, has entered into an agreement with an affiliate of W. R. Berkley Corporation, a commercial lines insurance provider in the United States.
The agreement will broaden the use of Kalepa’s platform to help improve efficiency and accuracy in underwriting across Berkley’s various operating companies.
The expanded collaboration builds on a successful initial implementation with Admiral Insurance Group, a Berkley company, which previously integrated Kalepa’s platform into its underwriting operations.
Dan Smyrl, President of Admiral Insurance Group, said: “Outstanding underwriting is the foundation of Berkley, and Kalepa’s advanced platform brings next-generation technology to drive lasting performance and value.”
“Berkley exemplifies underwriting excellence and a winning culture,” added Paul Monasterio, CEO and Co-Founder of Kalepa.
“At Kalepa, our mission is to radically transform underwriting by harnessing the power of cutting-edge AI. We are proud to support leading insurers like Berkley to confidently navigate their most complex underwriting challenges.”