Bowhead Specialty deploys Kalepa’s Copilot
Specialty insurer/MGA Bowhead Specialty has deployed Kalepa’s Copilot underwriting platform.
Founded in 2018, Kalepa claims that its underwriting solution compiles everything underwriters need, and flags the exposures they need to know about. Earlier this month, Kalepa announced that Munich Re Specialty – North America chose its underwriting solution.
“Our partnership with Kalepa allows us to stay on the cutting edge. Many companies make big claims in their demos and talk about the potential of AI, but no one has impressed us as much as Kalepa.” – Stephen Sills, CEO of Bowhead Specialty.
“We considered many underwriting solutions to see if they could materially impact our top or bottom line – we’ve seen nothing out there like Copilot. Not only is Kalepa’s technology miles ahead of other vendors, but when it came to driving real impact on our business, there was no competition.” – Steve Feltner, COO of Bowhead Specialty.
“We are delighted to collaborate with Bowhead Specialty, and we are proud of the many benefits that Copilot has already provided. Commercial insurance is a trillion-dollar industry on pace to double within the decade, but it has been left behind technologically for several decades. Copilot’s groundbreaking AI is changing that by delivering tangible improvements to growth, efficiency, and profitability for insurers of all sizes. We are excited about our continued, rapid growth, and look forward to helping more underwriters Bind with Confidence than ever before.” – Paul Monasterio, CEO and Co-Founder of Kalepa.