Canopius, a global specialty (re)insurer, has partnered with Kalepa, an underwriting technology provider, to strengthen its US operations and accelerate growth through artificial intelligence.
The partnership sees Canopius license Kalepa’s AI-powered underwriting platform, designed to streamline workflows, improve risk evaluation, and unlock new growth opportunities, according to FF News.
The move reflects Canopius’ strategy to embrace technology that supports innovation and efficiency across its underwriting operations.
Kalepa develops AI-driven underwriting solutions that automate manual processes, eliminate inefficiencies, and generate actionable insights to drive stronger decision-making and portfolio performance.
The platform represents what the company calls “the future of underwriting,” where advanced data analysis supports insurers in achieving sustainable growth.
Canopius is a leading international specialty (re)insurer and a prominent presence in the Lloyd’s market.
It provides expertise across property, casualty, management and professional liability, marine, cyber, and equine insurance lines. With operations spanning the globe, Canopius works with distribution partners and insureds worldwide to deliver tailored insurance solutions.
Through this partnership, Canopius aims to harness the full breadth of Kalepa’s AI capabilities, ensuring underwriting excellence while maintaining operational agility. Kalepa’s seamless integration into Canopius’ existing infrastructure is expected to provide a frictionless user experience for underwriting teams.
Paul Monasterio, Kalepa CEO, said, “Canopius is a true global leader in the Lloyd’s insurance market and internationally, delivering cutting-edge solutions to distribution partners and insureds worldwide. With deep expertise across Property, Casualty, Management and Professional Liability, Marine, Cyber, and Equine, Canopius will fully leverage the breadth and depth of Kalepa’s AI. We are honored to support their rapid growth for many years to come.”
Adam Finkle, Canopius U.S. chief operating officer, said, “After a rigorous evaluation of market alternatives, Kalepa emerged as the clear leader – the only vendor we trusted to power underwriting excellence and measurable impact across our product lines. Our partnership with Kalepa allows us to convert the promise of AI into a real, market-leading advantage.”
Alex Bilas, Canopius Group chief data officer, said, “At the core of this partnership is artificial intelligence – Kalepa’s AI turns disparate data plus underwriting expertise into an enduring competitive advantage for Canopius. Kalepa’s seamless integration with our infrastructure delivers a frictionless underwriting experience, empowering our teams to focus on what they do best.”
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