Konduit
Konduit is a structured exchange platform that connects managing general agents (MGAs) with fronting carriers, reinsurers, and other capacity providers. The platform uses AI to extract and structure program data from uploaded documents, benchmarks submissions against industry metrics, and provides a private workbench for creating and presenting insurance programs. It supports 25+ lines of business and offers real-time tracking of placement activity.
- Insurance Technology
- Artificial Intelligence
- Software Only
- Data & Analytics
Funding
Founders
Founder details are not available yet.
Product
Problem
Managing general agents (MGAs) seeking fronting paper or reinsurance capacity face a slow, manual placement process with unstructured data and limited visibility into how their programs compare to market benchmarks. Smaller MGAs are often invisible to capacity providers due to reporting thresholds, and new risks are emerging faster than traditional capital deployment processes can handle.
Solution
Konduit provides a structured exchange platform where MGAs upload existing program documents—financials, loss history, team credentials, and underwriting appetite—and the AI automatically extracts and structures the data into a standardized format. As programs are built, MGAs can benchmark their submissions against industry metrics for their line of business, including GWP, loss ratios, and capacity structure. Once a program passes an automated quality review, it is published to a network of fronting carriers, reinsurers, and capacity providers who can filter, query, and evaluate submissions through an AI underwriting workbench. The platform tracks views and placement activity in real time, giving MGAs visibility into how their programs are being received.
Target Audience
Primary users are managing general agents (MGAs) seeking fronting paper, reinsurance capacity, or full-stack arrangements, as well as fronting carriers, reinsurers, Lloyd's syndicates, and specialty brokers working across the excess and surplus (E&S) lines ecosystem.
Features
- AI-powered document extraction that structures data from PDFs, Word, Excel, and PowerPoint files into 750+ standardized fields
- Real-time benchmarking against industry metrics for 25+ lines of business, including CAT, Cyber, D&O, Transportation, and Healthcare
- Automated quality review process that programs must pass before going live on the exchange
- Private, secure workbench with full audit trail, allowing MGAs to review and confirm every field before submission
- AI underwriting workbench for capacity providers with active intelligence screening, fit/gap flagging, and the ability to query programs down to specific loss experience or placement ask details
- Structured deal pipeline enabling capacity providers to filter by appetite, geography, and data quality