Incarnation Specialty adopts IntellectAI’s eMACH.ai Xponent and InsureMO

Incarnation Specialty, a managing general agency (MGA) specialising in marine insurance, has partnered with IntellectAI and InsureMO to implement an advanced underwriting and policy administration solution. The collaboration involves IntellectAI’s eMACH.ai Xponent and InsureMO’s middleware capabilities to enhance end-to-end underwriting processes, from submission management to policy lifecycle handling.

The eMACH.ai Xponent workbench, powered by Intellect’s Purple Fabric platform, provides a highly configurable and AI-driven underwriting ecosystem. This low-code platform facilitates faster deployment, cost efficiency, and creativity, making it ideal for Incarnation’s requirements in inland and ocean marine insurance.

Steven Weiss, President of Incarnation Specialty, praised the partnership, stating, “We sought a cutting-edge, cost-effective solution to support our growth. IntellectAI’s product stood out for its capabilities and cost structure, helping us quickly go live with an integrated system.”

Incarnation’s rapid deployment highlights the speed and flexibility of Intellect’s solutions, especially valuable for specialty MGAs that demand quick quotes and seamless processes. Banesh Prabhu, CEO of IntellectAI, expressed excitement, saying, “This partnership demonstrates how our configurable products deliver speed to market. Incarnation’s ability to leverage technology to streamline policy management aligns with our vision.”

Rajat Sharma, CRO of InsureMO, added, “The seamless integration of eMACH.ai Xponent with InsureMO’s middleware will enable Incarnation to efficiently operationalise their underwriting processes, driving transformation and innovation.”

Incarnation focuses on ocean and inland insurance lines, including Cargo, Stock Throughput, and Auto Physical Damage. The MGA plans to expand into additional areas as part of its growth strategy.

Intellect Design Arena, the parent company of IntellectAI, is a leader in financial technology, serving over 325 institutions globally. Its eMACH.ai platform is recognised for its composable and intelligent solutions, enabling rapid digital transformation across banking and insurance industries.

This collaboration underlines IntellectAI and InsureMO’s commitment to empowering MGAs like Incarnation Specialty with advanced technologies for scalable and efficient operations.