AI solutions for insurance process automation

AI solutions for insurance process automation

mea Platform (“mea”) is an insurtech company providing AI solutions to improve efficiency and profitability for large insurance firms.
mea deploys proprietary, insurance-specific AI products to automate end-to-end operations for carriers, brokers, and managing general agents (MGAs). The company has live client deployments across 21 countries with more than $400bn of gross written premium processed through the platform. Customers and partners include The Hartford, CNA, Markel, AXIS, SCOR, Ardonagh, Lloyd’s of London, PPL, Accenture, DXC, ServiceNow, Velonetic, and Verisk, amongst others.
Despite sustained industry investment in technology, many insurance processes are still highly manual and resource-intensive. Operating costs account for up to 14 points of the combined ratio for carriers and nearly half of total expenses for brokers, representing approximately $2 trillion in annual industry costs. mea’s agentic AI products orchestrate operations process automation that delivers significant gross written premium and margin gains with up to 60 percent reductions in operating costs.
Founded in 2021,and built by former insurance industry leaders, mea combines deep sector-specific expertise with technology proven at global scale to deliver market-leading accuracy and functionality.

