Solving Insurance’s Biggest Bottleneck By Martin Henley, CEO, and Mike McGavick, Board Chairman

Blog

The (re)insurance industry may hold more data than any other sector. But much of this data is unstructured, proprietary, or locked inside systems that don’t communicate. From client to broker to carrier to reinsurer, every handoff in the value chain involves incompatible formats, missing structure, or non-digital documents.

The result? Massive value is trapped. Processes slow down. Opportunities get missed. And despite best efforts, companies spend millions trying to make incompatible data fit—transforming information discovery and exchange into a costly, never-ending value destroyer.

mea Platform finds the value in all this data, freeing the (re)insurance industry from this burden because it knows what to look for. Built by a team of insurance veterans, mea uses GenAI, Agentic workflows, and proprietary insurance-trained LLMs to unlock information. It doesn’t require months of training or costly IT projects. It doesn’t force data to conform to arbitrary formats. It simply works.

We’ve seen firsthand how internal builds—often undertaken with expensive vendor partners—spiral into multi-million dollar projects, only to end up underused, underdelivering, and eventually abandoned. The result is a digital treadmill: expensive, stationary, and forgotten. mea offers a different path.

Out of the box, mea processes submissions in minutes, reduces expense ratios by as much as 65%, and increases underwriting capacity by 40%. Quote-to-bind conversions are up. Client satisfaction is up. Legacy frictions are gone.

mea’s impact isn’t hypothetical. It’s already working at scale across leading global carriers. And it delivers results fast. Unlike platforms that take years to roll out, mea goes live in weeks. Agentic AI modules operate autonomously to handle routine tasks, respond to broker queries, manage data input into legacy systems, and provide underwriters with what they need—before they even ask.

This isn’t a case of high-promise, low-impact innovation. mea works from day one, integrating seamlessly into existing insurance environments—no migration required. The result is faster, smarter operations that immediately improve profitability.

While mea’s focus is insurance today, the core challenge we solve—enabling data to move freely across incompatible formats—is universal. We believe the same technology that transforms underwriting, submissions, placement, and claims will ultimately reshape how information flows across the financial world.

But the priority right now is clear: make insurance run better, faster, and more profitably.

In a market that’s tired of overhyped, under-delivering tech solutions, mea stands apart. It delivers what others promise: real change, right now.