Mea

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.

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

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

• Insurance AI platform
• Underwriting automation
• Claims automation
• Reinsurance technology
• Insurance workflow automation

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core 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

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Feature7 records

Partnerships

Nine partnerships are on record, tiered minor, flagship, core and strategic.

• ConvergeminorGTM or Marketing Partner · 15 May 2026mea 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 GlobalflagshipTechnology or Integration · 14 May 2026HDI 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 GroupcoreTechnology or Integration · 29 April 2026BMS 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)minorOthers · 16 April 2026Mina 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 ForbescoreTechnology or Integration · 4 March 2026London-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 InsurancecoreTechnology or Integration · 27 January 2026Moonrock 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.
• AWSstrategicTechnology or IntegrationAWS partnership for cloud infrastructure supporting mea's AI platform. mea operates as a cloud-native SaaS platform.
• AccenturestrategicTechnology or IntegrationAccenture partnership for insurance technology implementation and consulting. Multiple joint client engagements referenced.
• DXC TechnologystrategicTechnology or IntegrationDXC 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

Direct 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

• Xtwitter.com/meaplatform
• LinkedInlinkedin.com/company/meaplatform

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mea