In a strategic move towards technological innovation and superior underwriting, Arch Insurance North America (Arch) has expanded its collaboration with insurtech leader Kalepa.
The company has announced the wider deployment of Kalepa’s groundbreaking underwriting workbench, Copilot, to drive efficient and high-quality underwriting processes across Arch’s E&S Casualty book of business.
Kalepa’s Copilot platform was selected by Arch Insurance to optimise underwriting outcomes by providing a seamless end-to-end user experience.
The platform’s impressive capabilities, including accelerated quote generation, identification of hidden exposures, and streamlining of the underwriting process, solidified its position as a critical tool for Arch’s underwriters.
Brian First, President of Arch Insurance North America, expressed confidence in the decision, stating, “After evaluating several underwriting platform options, Copilot’s all-in-one solution was the clear winner for our E&S Casualty underwriters, and Kalepa emerged as the best partner to power our growth aspirations. Copilot empowers us to deliver exceptional service and speed to our broker partners, accelerate our premium growth, and further bolster the profitability of our North American book of business.”
The partnership between Arch and Kalepa underscores Arch’s dedication to its brokers and policyholders, aligning with the company’s commitment to “Pursuing Better Together.”
By adopting the Copilot platform, Arch Insurance positions its underwriters at the forefront of technological advancement within the insurance industry.
Kalepa’s CEO, Paul Monasterio, praised Arch’s forward-thinking approach, stating, “Arch is one of the most forward-thinking insurers in the market, and its aggressive growth and technological transformation is evidence of that. We are thrilled to partner with an industry leader in Arch.”
“Amid overwhelming hype about artificial intelligence, Copilot’s AI is the one delivering real business impact for carriers and MGAs. We are proud to combine the best of artificial intelligence with underwriting expertise to deliver the measurable performance improvements that every insurer is after.”
