Kalepa

What is Kalepa?

Kalepa is an AI platform for insurance underwriting. The site says it analyzes submissions and surfaces the critical risk insights so insurers can underwrite faster. It is organized as seven modules that run from submission intake through quote and bind and portfolio management.

Key capabilities of Kalepa

• Submission Ingestion: classifies submissions and extracts data from ACORDs, SOVs and loss runs.
• Clearance: checks conflicts and completeness, runs sanctions screening and confirms appointed producers.
• Triage: prioritizes submissions likely to bind and aligns them to appetite and guidelines.
• Risk Analysis: a single view of exposures, controls, terms and communications.
• Rating: incorporates pricing models and compares pricing scenarios.
• Quote and Bind: manages forms and generates quote and binder documents.
• Portfolio Management: connects account-level and portfolio-level underwriting in real time.

How Kalepa works

Kalepa ingests the submission, enriches it with third-party and public data, and presents a consolidated risk view. Pricing models can come from Excel, external raters or internal systems. The vendor says the platform works with existing core systems and goes live in weeks.

Who uses Kalepa?

Kalepa serves carriers, MGAs, mutuals and brokers. Buyers named on the site include chief underwriting officers, chief operating officers and IT or AI leaders. The company announced a $75M Series B at a $470M valuation.

Kalepa pricing

Kalepa does not publish pricing. The call to action is to book a demo.

Kalepa alternatives

Roots Automation provides AI digital coworkers for insurance operations such as document-heavy back-office work. Artificial Labs operates an insurance trading and placement platform for the London and specialty markets. Planck supplies commercial insurance risk data and analytics. Kalepa differs by covering the underwriter's full submission workflow.