mea Platform is a cloud‑native AI solution that automates the end‑to‑end underwriting, claims, and finance workflows for property‑and‑casualty carriers, reinsurers, brokers, and MGAs. It ingests unstructured submission documents, extracts and validates data in seconds, enriches risks with external information, and orchestrates policy issuance, claim settlement, and premium reconciliation through configurable agentic AI, reducing manual effort and operational costs.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Insurance carriers, brokers, MGAs, and BPOs must process large volumes of unstructured submission documents, perform manual validation, compliance checks, risk enrichment, and triage, leading to slow underwriting, claims, and finance operations, high operational costs, and limited capacity.
Solution
mea Platform delivers an end‑to‑end, cloud‑native insurance AI platform built on a domain‑specific language model and knowledge graph. The system ingests submission and client documents, extracts and normalizes data in seconds, and automatically runs validation, regulatory, and sanctions checks. It enriches risks with external data, applies business‑specific risk‑appetite rules, and prioritises submissions for optimal routing. Pre‑built agentic AI orchestrates underwriting, claims, and finance workflows—automating policy issuance, claim intake, payments, and premium reconciliation—so that humans intervene only for exceptions. The platform integrates via APIs with existing systems, providing real‑time dashboards and secure, audit‑ready results that accelerate decision making while reducing costs.
Target Audience
Primary customers are property‑and‑casualty carriers, reinsurers, insurance brokers, and managing‑general agents seeking to automate underwriting, claims, and finance operations at scale.
Features
- AI‑driven document ingestion that extracts and structures data from submissions and client files within seconds
- Automated validation, compliance, and sanctions screening using configurable business rules
- Risk enrichment with external data sources to support pricing, prioritisation, and underwriting decisions
- Agentic AI orchestration of underwriting, claims, and finance workflows, including policy generation, claim settlement, and premium reconciliation
- Real‑time triage and routing based on configurable risk‑appetite models and business priorities
- Secure, cloud‑native architecture with industry‑grade security and audit trails, plus API connectivity for EHR/ERP integration
- Scalable deployment that can be configured for carriers, brokers, MGAs, or BPOs with minimal custom development