Kalepa Named to Prestigious InsurTech 100 2024

Kalepa, the leading AI software company known for its Copilot underwriting workbench, today announced that it was recognized by FinTech Global as being among the world’s most innovative InsurTechs for 2024. An expert panel of industry analysts and specialists selected Kalepa for the honor, as part of the most competitive application process in the history of the award. Over 2,100 companies were nominated.

The InsurTech100 is an annual list of 100 of the world’s most innovative InsurTech companies, which are selected for solving a significant industry problem or generating efficiency improvements across the insurance value chain. This is the third consecutive year that Kalepa has been honored.

FinTech Global CEO Richard Sachar commented on the importance of the list, stating, “The companies that have worked their way onto the list are driving real innovation and providing the tools insurers need to navigate the complexities of digital transformation in this dynamic marketplace. As industry leaders refine their technology strategies, these companies are playing a pivotal role in shaping the future of insurance. The solutions they offer—ranging from artificial intelligence and machine learning to telematics—are changing the game across the sector.”

“We’re excited to be recognized as an InsurTech100 company for the third year in a row,” said Co-Founder and COO Danny Hillman. "This recognition highlights Kalepa's significant commercial growth over the past year and the ongoing advancement of our Copilot platform. Copilot continues to break new ground in applying AI to tackle the complexities of commercial underwriting. We're thrilled that our focus on delivering real, measurable value to insurers—amid widespread AI noise—has been acknowledged by both our clients and industry leaders. We take pride in leading the charge within this crucial industry, empowering commercial P&C carriers and MGAs of all sizes to Bind with Confidence."

About Kalepa

Founded in 2018 by technology veterans, Kalepa is dedicated to enhancing underwriting performance and driving profitable premium growth for the commercial insurance industry, enabling insurers to Bind with Confidence. Kalepa's Copilot underwriting workbench empowers underwriters to focus their time on the highest ROI opportunities and to quickly evaluate and optimally select risk. Kalepa is backed by IA Ventures, Inspired Capital, and leaders in technology and financial services.