Markel is expanding its partnership with AI-driven InsurTech firm Mea Platform to include its Canadian underwriting operations.
This follows a successful deployment of Mea’s generative AI technology in Markel’s London Wholesale business, according to InsurTech Insights.
The platform streamlines insurance submissions by extracting unstructured data and providing underwriters with structured, actionable insights.
The move is part of Markel’s wider digital transformation strategy aimed at enhancing operational efficiency.
“We are excited to bring Mea’s GenAI capabilities to our Canadian operations,” Markel Canada senior vice president of operations Maureen Tomlinson said. “This technology will allow us to streamline our submission processes, reduce manual workloads, and provide our underwriters with timely, actionable insights. It’s a significant step forward in our commitment to operational excellence and delivering superior service to our clients and brokers.”
“Expanding our partnership with Markel into the Canadian market is a testament to the success we’ve achieved together in London,” Mea Platform CEO Martin Henley said. “We look forward to continuing to support Markel’s innovation journey by delivering transformative AI solutions that drive efficiency and value.”
Source: https://fintech.global/
