Kalepa To Partner with Canopius To Power Underwriting Excellence

New York, NY – September 12, 2025 – Kalepa is pleased to announce that Canopius, a leading global specialty (re)insurer, has licensed its award-winning underwriting AI platform to accelerate growth and innovation across its lines of business in the US.

Kalepa’s software represents the future of underwriting - where AI transforms how risk is evaluated, decisions are made, and growth is achieved. The platform automatically streamlines underwriting workflows, eliminates manual inefficiencies, and uncovers insights that lead to better decisions and stronger portfolio performance.

"Canopius is a true global leader in the Lloyd’s insurance market and internationally, delivering cutting-edge solutions to distribution partners and insureds worldwide,” said Paul Monasterio, CEO of Kalepa. “With deep expertise across Property, Casualty, Management and Professional Liability, Marine, Cyber, and Equine, Canopius will fully leverage the breadth and depth of Kalepa’s AI. We are honored to support their rapid growth for many years to come."

Adam Finkle, Chief Operating Officer of Canopius U.S., discussed the decisive factors behind selecting Kalepa as a partner: “After a rigorous evaluation of market alternatives, Kalepa emerged as the clear leader - the only vendor we trusted to power underwriting excellence and measurable impact across our product lines,” he said. “Our partnership with Kalepa allows us to convert the promise of AI into a real, market-leading advantage.”

Alex Bilas, Chief Data Officer of Canopius Group, added: “At the core of this partnership is artificial intelligence - Kalepa’s AI turns disparate data plus underwriting expertise into an enduring competitive advantage for Canopius. Kalepa’s seamless integration with our infrastructure delivers a frictionless underwriting experience, empowering our teams to focus on what they do best.”

 About Kalepa

 Founded in 2018 by technology veterans, Kalepa is dedicated to enhancing underwriting performance and driving profitable premium growth for the commercial insurance industry, enabling insurers to Bind with Confidence. Kalepa's AI-powered underwriting platform enables underwriters to focus their time on the highest ROI opportunities and to quickly evaluate and optimally select risk. Kalepa was recognized as part of the 2025 AIFinTech100 and the past three InsurTech100 awards by FinTech Global. The company is backed by IA Ventures, Inspired Capital, and leaders in technology and financial services.

 Learn more at www.kalepa.com.

About Canopius

Canopius is a global specialty and P&C (re)insurer with underwriting operations in Australia, Bermuda, Singapore, the UK and US. It underwrites through Lloyd’s Syndicate 4444 (managed by Canopius Managing Agents Limited), a US surplus lines insurer, Canopius US Insurance, Inc and Canopius Reinsurance Ltd, a Bermuda based Class 4 Reinsurer.

For more information, visit www.canopius.com.