Kalepa

Kalepa

Insurance

New York, New York 3,792 followers

Your Underwriting Copilot

About us

Kalepa is dedicated to enhancing underwriting performance and driving profitable premium growth for the commercial insurance industry. Kalepa's AI-powered Copilot software enables 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.

Website
http://www.kalepa.com
Industry
Insurance
Company size
11-50 employees
Headquarters
New York, New York
Type
Privately Held
Founded
2018
Specialties
Insurance, Data, Analytics, Commercial Insurance, Specialty Insurance, Medium Business, Risk, Insurance Undewriting, AI, Machine Learning, Small Business, Worker's Compensation, Property Insurance, and General Liability

Products

Locations

Employees at Kalepa

Updates

  • View organization page for Kalepa, graphic

    3,792 followers

    Copilot helps workers' comp insurers - like the team at Paragon Insurance Holdings - achieve underwriting excellence. But don't take our word for it. As Robert Etzler, head of Workers' Comp at Paragon called out in a recent press release, "Kalepa's Copilot platform is a game-changer for workers-compensation." We built a true underwriting Copilot to support underwriters every step of the way. "With its trailblazing capabilities, we can make informed decisions swiftly and accurately. Our underwriters can focus on the most attractive opportunities and benefit from significant operational efficiencies." Want to learn more about how Copilot can improve your workers' comp underwriting? Come see us at AASCIF in just a few days, or contact us at hello@kalepa.com to learn more.

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  • View organization page for Kalepa, graphic

    3,792 followers

    Workers' Comp leaders - will we see you at AASCIF's 2024 Annual Conference next week? We are meeting with attendees to showcase how Kalepa's Copilot can transform your underwriting outcomes. Workers' comp insurers trust Copilot to assist underwriters every step of the way - whether that's making challenging risk decisions easier, focusing on the most desirable submissions, or automating the admin work that bogs them down. With Copilot's day-one deployment, you can begin seeing the impact to your growth, efficiency, and profitability overnight. As Robert Etzler, EVP and Head of Workers’ Compensation at Paragon, noted, "Kalepa's Copilot platform is a game-changer for workers' compensation. With its trailblazing capabilities, we can make informed decisions swiftly and accurately. Our underwriters can focus on the most attractive opportunities and benefit from significant operational efficiencies." Want to meet up in Providence? Reach out at info@kalepa.com to set up time today. With American Association of State Compensation Insurance Funds

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  • View organization page for Kalepa, graphic

    3,792 followers

    View profile for Chris D'Angelo, graphic

    Helping Underwriters Bind with Confidence at Kalepa

    📽️ Cinema can teach us a lot about life. Today I wanted to share 5️⃣ lessons about Commercial insurance underwriting that I learned from 🦅American icon and paragon of virtue Ricky Bobby: 1. "If you ain't first, you're last" ➡️Being early to market is critical for winning business in a hard market. Turning around quotes to your distribution partners at light speed is the only way to win 💪 2. "This sticker is dangerous and inconvenient, but I do love Fig Newtons." ➡️Policyholders have a tendency to...create their own exposures. High quality risk analysis helps underwriters spot those hazards and respond - either by avoiding the business, adding exclusions, or adopting a predict & prevent approach to mitigate the issue up front 🔍 3. Ricky: "You can't have two number ones!" Cal: "Yeah, 'cause that would be eleven!" ➡️ For precise underwriting - and for being profitable - you need to get the numbers right. Aggregating all the information you need in one place can help you analyze risks thoroughly (and quickly), so you can provide accurate quotes with the right pricing 💸 4. "I wanna go fast! I wanna go fast!" ➡️Legacy underwriting technology took months or years (!) of implementation before it even had a shot of driving value. Let's be real - no one has that kind of time or that much of a leash anymore. Modern, cutting edge transformation should drive real, measurable value in days-to-weeks. 📆 5. Lucius: "You're not gonna live forever." Ricky: "No one lives forever, no one. But with advances in modern science and my high level income, it's not crazy to think I can live to be 245, maybe 300. Heck, I just read in the newspaper that they put a pig heart in some guy from Russia. Do you know what that means?" Lucius: "No, I don't know what that means. I guess longer life." Ricky: "No, he didn't live. It's just exciting that we're trying things like that." ➡️ Experimentation is important. But when it comes to critical underwriting transformation decisions, look for the vendors who have a track record of driving real value, not just big talkers🥇 If you want to tackle all of Ricky Bobby's advice in one platform, check out Copilot from Kalepa . We're helping insurers of all sizes - like Arch, Munich Re, Paragon, Bowhead Specialty, and North Star Mutual - achieve underwriting excellence. Shake 'n Bake 😎 (Am I doing LinkedIn right?)

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  • View organization page for Kalepa, graphic

    3,792 followers

    What's the most important thing insurers should keep in mind when looking at #AI? Focus on the actual business problem.   In this wide-ranging conversation with Alex Bond on the The Leadership In Insurance Podcast, Kalepa CEO Paul Monasterio discusses how Copilot does just that.   Listen in for more on: ✅ How underwriting platforms arrived at this critical point ✅The importance of tech professionals having a deep understanding of their insurance customers' problems ✅What is hype vs. reality for AI in insurance ✅The role of AI regulation in insurance ✅Predictions for which insurers will reap the greatest benefits from AI ✅And much more.   Look for the link to the full episode in the comments below.

  • View organization page for Kalepa, graphic

    3,792 followers

    Hot off the press - Brand new copies of our latest guide for operators. 'Driving Underwriting Excellence: Insights for the COO' is built from the expertise of insurance COOs to help Ops transform their organization. Reach out to get a guidebook, or check out the link in the comments to download your copy.

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  • View organization page for Kalepa, graphic

    3,792 followers

    Copilot helps underwriters get the complete view of every risk, so they can underwrite better than ever. Just ask the team at NEC Specialty. Copilot's out-of-the-box deployment means insurers see these benefits immediately - not after months (or years!) of IT headaches. As NEC Specialty President Robert Mangi noted, "As a new program, Copilot has been invaluable to our efforts to ramp up quickly while providing an outstanding level of underwriting diligence." Get in touch to see how Kalepa's Copilot can help you tackle your underwriting challenges and grow your book profitably.

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  • View organization page for Kalepa, graphic

    3,792 followers

    "The first decision the underwriter makes is where to use their time." In this episode of the Insurtech Leadership Podcast, Kalepa CEO Paul Monasterio talks with host Joshua R. Hollander about how Kalepa's Copilot helps underwriters make better decisions, faster than ever. ✅ Paul describes how Copilot helps underwriters decide how to use their time - by triaging opportunities based on their profit potential, likelihood to bind, and alignment with strategic book priorities. ✅ They talk about finding the balance between underwriters saying yes to everything versus saying no to everything, to focus their time on selecting exactly the right opportunities that advance profitability and reduce claims risk. ✅ Paul believes that underwriters need to be better armed to address the complexity and nature of claims and new lines. He does not see a world in which there are fewer underwriters, or less work to do. Look for the link to the full episode in the comments below.

  • View organization page for Kalepa, graphic

    3,792 followers

    When it comes to making a real impact on your underwriting, Copilot is the solution insurers trust. Just ask the team at Bowhead Specialty. As COO Steve Feltner noted, "Not only is Kalepa’s technology miles ahead of other vendors, but when it came to driving real impact on our business, there was no competition." Get in touch to see how Kalepa's Copilot can help you achieve your growth, profitability, and efficiency goals.

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