Mea
Mea is an AI-native SaaS platform that automates underwriting, claims, finance, and broking operations for (re)insurers, brokers, and MGAs globally, powered by a proprietary insurance domain language model and knowledge graph trained on $400 billion-plus of insurance transactions.
- Company typePrivate
- Founded2021
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Mea does
Mea Platform is an AI-native insurance technology company founded in 2021 that builds a cloud-native SaaS platform automating underwriting, claims, finance, and broking workflows for (re)insurers, carriers, brokers, and managing general agents (MGAs). The platform is powered by "ora," a proprietary Insurance Domain-Specific Language Model, and an Insurance Industry Knowledge Graph pretrained on more than $400 billion of insurance transactions across 21 countries, with 50+ insurance-native AI agents orchestrating end-to-end processes from submission intake through claims settlement and financial reconciliation. Core products include the mea Platform with Intelligent Underwriting, mea Operations (covering underwriting, claims, and finance operations), Intelligent Placement for brokers, and mea Operations BPO as an AI-native business process outsourcing alternative. The company reports 92%+ accuracy on unstructured document extraction, 50-70% expense reduction in underwriting, 30-50% handler time savings in claims, and deployment timelines measured in weeks.
The company operates a subscription-based SaaS model with quote-based enterprise pricing and per-transaction agent pricing layers for some deployments, targeting enterprise customers through direct regional sales teams led by a USA CEO, EMEA CEO, UK Managing Director, and a newly appointed MENA Vice President. Mea serves 30+ named customers across carriers, brokers, and MGAs (including HDI Global, BMS Group, Price Forbes, Axis Capital, Mosaic Insurance, and Moonrock), processing $400B+ in gross written premium across its customer base. The company is legally domiciled in Bermuda, with operational offices in New York, London, and Bengaluru. After bootstrapping to four consecutive years of profitability, Mea closed its first external funding—a $50 million minority growth equity investment from Scottish Equity Partners (SEP) in February 2026—to accelerate product development and customer engagement. Strategic partnerships with AWS, Accenture, and DXC Technology extend delivery and implementation reach, and certifications include SOC 2 Type II, ISO 27001, GDPR, HIPAA, and 23 NYCRR 500 compliance.
Mea firmographics
Firmographics- Name
- Mea
- Legal name
- Mea Platforms Group (bermuda) Ltd
- Website
- https://meaplatform.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Mea is an AI-native SaaS platform that automates underwriting, claims, finance, and broking operations for (re)insurers, brokers, and MGAs globally, powered by a proprietary insurance domain language model and knowledge graph trained on $400 billion-plus of insurance transactions.
- Ownership category
- akta.pro rank
Mea industry classification
Industry- Product category
- Insurance Technology (InsurTech)
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
Keywords
Where Mea is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
Mea business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- SaaS Platform Subscription: Subscription-based SaaS model for AI-powered insurance operations automation. Pricing based on platform access, modules used, and transaction volume. Operates as AI-native BPO alternative with per-transaction agent pricing for some deployments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based enterprise pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Mea product offering
Product offeringCore offering
Mea sells a cloud-native AI SaaS platform that automates (re)insurance operations end-to-end, covering submission intake, underwriting assessment, claims handling, finance reconciliation, and broker placement for carriers, MGAs, brokers, and BPOs. The platform is powered by ora, a proprietary insurance domain-specific language model, and an Insurance Industry Knowledge Graph pretrained on more than $400 billion of insurance transactions, delivered with carrier-grade integrations to policy admin, claims, rating, and finance systems.
Product overview
Mea is an AI-native insurance technology company offering a platform-plus-modules architecture. The core mea Platform combines Intelligent Underwriting and mea Operations products for end-to-end (re)insurance workflow automation. Key modules include Intelligent Placement for brokers, and the standalone mea Operations BPO for business process outsourcing. The platform is powered by ora, a proprietary Insurance Domain-Specific Language Model, and an Insurance Industry Knowledge Graph pretrained on $400B+ of transactions. Operating in 21 countries across 20+ with 30+ customers, the platform processes over $400 billion in gross written premium.
Differentiator
Problem solved
Functional benefit
Products and services
- mea Platform Cloud-native AI platform for (re)insurance operations that orchestrates the entire workflow from submission to settlement, combining Intelligent Underwriting and Operations products to reduce manual processes and improve margins for carriers, MGAs, brokers, and BPOs.
- Intelligent Underwriting
Quantifiable outcome
- 50-70% expense reduction in underwriting operations
- +6 more outcomes
Companies that use Mea
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Mea technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability7 records
Feature7 records
Mea partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor, flagship, core and strategic.
- Convergeminormea Platform appointed marketing agency Converge to lead its integrated growth and brand strategy following a $50 million funding round. Converge oversees marketing, positioning, audience segmentation, digital strategy, and demand generation as mea scales adoption of its AI platform.
- HDI GlobalflagshipHDI Global partnered with mea Platform to deploy AI-driven technology across its global underwriting and claims operations spanning 200+ territories. The technology leverages mea's proprietary insurance domain language model and Insurance Industry Knowledge Graph to standardize handling of broker submissions, policy amendments, first notifications of loss, and claims documentation.
- BMS GroupcoreBMS Group, a leading independent global (re)insurance broker, adopted mea Platform's AI-powered broking operations products to enhance placement efficiency through digital transformation of core workflows. The collaboration deploys mea's Operations suite for enquiry intake, data ingestion, document processing, market submissions, and digital placement.
- Mina Sahib (VP MENA)minorMina Sahib appointed as Vice President for Middle East and North Africa region to lead expansion across the region. Brings nearly two decades of global insurance experience from State Farm Insurance and leadership roles in Middle East operations since 2013.
- Price ForbescoreLondon-based insurance broker Price Forbes, part of the Ardonagh Group, implemented AI products from mea Platform to automate core broking operations including data handling, document workflows, and market submissions. The technology adoption aims to improve operational efficiency as the company expands internationally.
- Moonrock InsurancecoreMoonrock Insurance, a specialist drone insurance MGA, deployed mea Operations AI platform across its business to support underwriting and operational efficiency. The platform provides end-to-end automation across submission intake, data ingestion, document processing, claims handling, and financial operations.
- AWSstrategicAWS partnership for cloud infrastructure supporting mea's AI platform. mea operates as a cloud-native SaaS platform.
- AccenturestrategicAccenture partnership for insurance technology implementation and consulting. Multiple joint client engagements referenced.
- DXC TechnologystrategicDXC partnership for insurance software integration. mea referenced as certified InsurTech provider through DXC APEX partnership program.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Mea competitors and assessment
Company assessmentDirect peers
- Cytora: AI-native risk data platform for commercial insurers that automates underwriting submission ingestion, enrichment, and triage. Closely comparable to Mea's Intelligent Underwriting and submission-processing workflows, serving the same carrier and MGA buyer.
- Hyperexponential: AI-powered pricing and underwriting analytics platform for specialty insurers. Competes with Mea's underwriting assessment and pricing support modules, particularly in London market specialty and reinsurance segments.
- Roots Automation: AI-powered digital coworkers for insurance operations including claims, underwriting, and finance processes. Directly comparable to Mea's agentic AI approach for automating insurance back-office workflows.
- Akur8: AI-driven insurance pricing platform that automates rate-making for P&C insurers. Overlaps with Mea's underwriting assessment and pricing tool pre-population capabilities, especially for personal and commercial lines carriers.
- Planck: AI-powered commercial insurance data platform that automates underwriting data gathering and risk assessment. Comparable to Mea in targeting commercial underwriting automation with structured data extraction from unstructured sources.
- Indico Data: AI platform for unstructured document processing in insurance, with focus on submission intake, claims, and policy automation. Closely aligned with Mea's document extraction and triage capabilities, particularly in the submission ingestion workflow.
- Chisel AI: NLP-powered insurance document AI for submissions, quotes, and policies. Competes in the same AI-for-insurance-documents category as Mea's Intelligent Underwriting, particularly with commercial lines brokers.
Broad incumbents
- Guidewire: Largest insurance core systems vendor providing policy administration, claims, and billing platforms used by most major P&C insurers. Increasingly embedding AI capabilities, and represents both a partner and competitive threat to Mea as insurers may extend Guidewire rather than procure a standalone AI layer.
- Duck Creek Technologies: Insurance core systems provider for P&C carriers offering policy, claims, and billing platforms (now part of SAP). Embedded AI features compete directly with Mea's underwriting and claims automation modules across the carrier segment.
- Applied Systems: Largest insurance agency management system vendor, dominant in the broker distribution channel. Competes with Mea's Intelligent Placement and broker operations modules, especially with mid-market US brokers that form Mea's customer base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Mea social profiles
Digital presenceMea compliance and trust
Trust signalCompliance5 records
Mea financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mea leadership team
Management profileNumber of profiles
Profiles12 records
Mea funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mea M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mea
What does Mea do?
Mea sells a cloud-native AI SaaS platform that automates (re)insurance operations end-to-end, covering submission intake, underwriting assessment, claims handling, finance reconciliation, and broker placement for carriers, MGAs, brokers, and BPOs. The platform is powered by ora, a proprietary insurance domain-specific language model, and an Insurance Industry Knowledge Graph pretrained on more than $400 billion of insurance transactions, delivered with carrier-grade integrations to policy admin, claims, rating, and finance systems.
Is Mea a public or private company?
Mea is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mea founded?
Mea was founded in 2021. It employs 51 to 100 people.
Where is Mea based?
Mea is headquartered in London, United Kingdom, in the Europe region.
How does Mea make money?
One revenue line is on record: saaS Platform Subscription.
Who are Mea's main competitors?
Direct peers on record are Cytora, Hyperexponential, Roots Automation, Akur8, Planck, Indico Data and Chisel AI. Broad incumbents are Guidewire, Duck Creek Technologies and Applied Systems.
Does Mea have an API?
No public API is recorded for Mea.
What industry is Mea in?
Mea's product category is Insurance Technology (InsurTech). Its primary akta.pro industry code is FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS). Its NAICS code is 5182 and its SIC code is 7372.