# Kalepa

> Kalepa is a New York-based insurtech building AI software for commercial insurance underwriters. Its flagship platform, Copilot, ingests submissions, extracts and structures messy documents, surfaces hidden risk exposures from billions of data points, and helps underwriters triage, price, and bind business faster and more profitably. Founded in 2018 by Paul Monasterio and Daniel Hillman, the company is backed by Inspired Capital and IA Ventures and works with carriers including Munich Re Specialty, Bowhead Specialty, SECURA, and Canopius.

- **Founded:** 2018
- **Headquarters:** New York, United States
- **Founders:** Paul Monasterio (Co-Founder & CEO), Daniel Hillman (Co-Founder & COO)
- **Team size:** ~54 employees, with a global team spanning 10+ countries
- **Products:** Copilot, Submission Ingestion, Clearance & Triage, Risk Analysis, Rating, Quote & Bind
- **Notable:** Named to FinTech Global's InsurTech100 for four consecutive years, Recognized in the 2025 AIFinTech100, Raised $14M Series A led by Inspired Capital (2021)

## Products & services

- **Copilot** — Kalepa's flagship AI underwriting platform that ingests submissions, extracts and structures documents, analyzes billions of structured and unstructured data points, and surfaces risk exposures and controls so underwriters can select and price risk more accurately.
- **Submission Ingestion** — Automated document classification and data extraction from emails, applications, and loss runs.
- **Clearance & Triage** — Conflict detection, workflow routing, and submission prioritization so underwriters spend time on the highest-ROI opportunities.
- **Risk Analysis** — A unified risk view that identifies exposures, NAICS/business classification, and risk scoring with transparency into the model's reasoning.
- **Rating, Quote & Bind** — Pricing model integration and document generation to move qualified risks from analysis to bound policy.
- **Portfolio Management** — Real-time portfolio optimization, guideline adherence, and risk-exposure insights across a book of business.

## Achievements

- Named to FinTech Global's InsurTech100 for four consecutive years
- Recognized in the 2025 AIFinTech100
- Raised $14M Series A led by Inspired Capital (2021)
- Adopted by 15+ leading insurance carriers including Munich Re Specialty and Bowhead Specialty

## Latest updates

- **2025-10** — Announced a strategic AI underwriting partnership with SECURA Insurance, a 125-year-old mutual insurer.
- **2025** — Bowhead Specialty, fresh off its IPO, deployed Copilot for AI-powered risk selection.
- **2025** — Named to the 2025 AIFinTech100 and InsurTech100 for a fourth consecutive year.

## Links

- Website: https://kalepa.com
- LinkedIn: https://www.linkedin.com/company/kalepa
- Twitter/X: https://twitter.com/KalepaInsurance
- YouTube: https://www.youtube.com/channel/UCsVr7ZuGAA6psUZi7VkGZJA
- Facebook: https://www.facebook.com/kalepainsurance/

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Profile page: https://yespress.io/kalepa
Published by YesPress — https://yespress.io
Last updated: 2026-06-07